Stocks drop further on weak economic data The PSEi ended the week lower as investors sold down stocks after the Marcos government reported a much lower-than-expected economic growth rate. The main index lost 43.75 points or 0.68 percent to close at 6,405.91 as the Services counter led...
The local stock market rose back to the 6500 level as investors cheered the stronger employment numbers and a lower trade deficit figure. The main index added 57.48 points or 0.89 percent to close at 6,530.45 as the Services sector led the advance while the Mining and Oil counter lagged...
The local stock market gained despite some profit-taking as investors wait for the February’s inflation figures. The main index added 15.75 points or 0.24 percent to close at 6,671.12 as the Services sector led the advance while Conglomerates declined. Volume fell to 656 million shares...
The local stock market rose after investor sentiment was boosted by the February inflation report. The main index gained 34.00 points or 0.51 percent to close at 6,705.12 as the Industrial sector led the advance but Conglomerates retreated. Volume improved to 1.82 billion shares worth...
Local share prices were higher but much lower than the day’s peak as investors wait for cues from economic data due in coming days. The main index inched up 15.32 points or 0.23 percent to close at 6,622.45 as Mining firms led the advance while Banks retreated. Volume was steady at 1.36...
The local stock market rose further as more firms report positive performances for the first half of the year. The main index expanded by 67.78 points or 1.07 percent to close at 6,430.08 although sectoral indices were evenly mixed with Conglomerates leading the advance while Miners lost the most....
The local stock market bounced after sliding for three days as investors started looking for bargains. The main index rose by 56.84 points or 0.84 percent to close at 6,800.96 as Banks led the advance although the Services sector lagged behind. However, volume remained anemic at 611 million shares...
The local stock market continued to weaken as investors wait for the Federal Reserve’s meeting on Thursday. The main index dropped 34.90 points or 0.52 percent to close at 6,744.12 as the Mining and Oil sector led all indices lower. Volume shrank to 483 million shares worth P3.3 billion as losers...
The local stock market fell below the 6,800 support level on renewed concerns over inflation and interest rates. The main index lost 36.89 points or 0.54 percent to close at 6,779.02 as the Property sector led the retreat although the Services and Mining counters managed to advance. Volume was low...
The local equities market recovered some lost ground as investors started to pick up stocks that have become cheaper in the last two days. The main index added 30.85 points or 0.45 percent to close at 6,822.09 as the Property sector led the advance while the Services and Mining counters continued...
The local stock market continued to lose ground as investors expect a rate hike by the central bank. The main index dropped 47.52 points or 0.69 percent to close at 6,791.24 as the rate-sensitive Property sector led all sub-indices down. Volume improved to 969 million shares worth P7.37 billion as...
Local share prices started the week lower as investors wait for the Bangko Sentral’s rate-setting meeting on Thursday. The main index dropped 38.93 points or 0.55 percent to close at 6,838.76 with sectoral indices evenly split but weighed down by losses of Conglomerates. A total of 1 billion...
