The local stock market ended lower after the elections, although it managed to recover from a much steeper drop in the morning. The PSEi lost 38.97 points or 0.58 percent to close at 6,720.93 after plunging over 200 points to the 6,500 level early in the session. The Mining and Oil counter led the...
The local stock market fell on the last trading day of the month over concern on the detection of the new Omicron variant in the country. The PSEi dove by 178.20 points or 2.58 percent to close at 6,731.25 as the Property counter led the retreat of all sectors. Volume rose yo 840 million shares...
The local stock market ended just below the 7,000 mark as wary investors cashed out ahead of the weekend. The main index dropped 62.90 points or 0.89 percent to close at 6,998.59 as the Industrial and Property sectors led all sectors down. Volume thinned to 450 million shares worth P4.82 billion as...
The local stock market rose on encouraging news on peace talks between Russia and Ukraine which led to a decline in oil prices. The main index added 51.93 points or 0.73 percent to close at 7,167.02 as the Services sector led the advance of all sub indices. Volume improved but was still low at 719...
The local stock market recovered from the previous day’s losses as investors picked up bargains late in the session. The PSEi rose 52.34 points or 0.75 percent to close at 7,008.94 as Banks led the advance while the Industrial and Mining and Oil counters lagged behind. Volume weakened to 1.11...
The local stock market rose with its regional peers as oil prices eased. The main index jumped 134.92 points or 1.93 percent to close at 7,124.80 as Conglomerates led the advance while the Mining and Oil dropped along with commodity prices. Volume was lower though at 3.35 billion shares worth P7.59...
The local stock market closed Friday lower as it seesawed between gains and losses during the week. The main index lost 46.08 points or 0.62 percent to close at 7,342.01 as conglomerates led the retreat with Property and Mining firms holding their ground. Volume dropped to 1.33 billion shares worth...
Philstocks Financial is projecting that the Philippine Stock Exchange Index will reach 7,600 to 8,200 by the end of 2022 as corporate earnings are forecast to grow by 25 percent to 35 percent. “We are cautiously optimistic about the market this year. A bullish outlook remains given the recovery...
The PSEi dropped as countries impose sanctions against Russia after its troops moved into parts of Ukraine. The main index fell 76.70 points or 1.03 percent to close at 7,364.21 as the Property sector plunged, although the Services and Mining and Oil counters held their ground. Volume declined to...
The local stock market bucked the global downtrend and bounced back as cautious investors turned into bargain hunters. The main index rose 68.66 points or 0.93 percent to close at 7,440.91 as Holding Firms led gainers although Banks and Property issues were left behind. Volume rose to 3.13 billion...
The local stock market declined after the resistance felt at the 7,500 triggered some profit-taking. The main index lost 69.86 points or 0.93 percent to close at 7,432.62 as the Holding Firms and Services sectors led the retreat although the Mining and Oil counter surged and Property stocks also...
The PSEI lost the previous day’s gains as it ended what has been a week of see-saw trading. The main index shed 22.55 points or 0.30 percent to close at 7,251.97 as the Property sector led the retreat although the Banks and Industrial sectors posted strong gains. Volume jumped to 1.2 billion...
