The local stock market dropped after after hitting strong resistance at the 7,000 level. The PSEi lost 47.78 points or 0.69 percent to close at 6,920.36 as Holding Firms and Mining stocks led the decline while the Services counter continued to buck the trend. 32465 Volume surged with the listing of...
The local stock market ended lower as investors cashed out ahead of the long weekend. The main index declined by 33.91 points or 0.50 percent to close at 6,786.62 as the Property sector led the retreat while the Industrial and Financials sectors managed to advance. 28920 Volume was weaker at 1.62...
The local stock market ended flat as profit-taking offset the strong performance of the telecommunications sector. The main index shed 1.62 points or 0.02 percent to close at 6,820.53 with only the Services and Mining and Oil counters advancing. 28701 Volume rose to 2.48 billion shares worth P9.06...
The local stock market finally gave way to profit-taking to end the last day of an upbeat week in the red. The main index dropped 85.29 points or 1.27 percent to close at 6,633.22 as the Holding Firms and Property counters led all sub indices in the retreat. 27538 Volume was steady at 2.04 billion...
The local stock market managed to end higher even after posting losses early in the trading due to a downgrade in the country’s growth target by the government. The main index advanced 38.33 points or 0.57 percent to close at 6,718.51 as Holding Firms continue lead forward with only the...
The local stock market plunged after the government announced a hard lockdown just a few days after saying it is not necessary. The main index fell 226.30 points or 3.48 percent to close at 6,273.23 with the Property and Holding Firms counters suffering the biggest losses. Volume improved to 1.81...
After a single day bounce, Philippine share prices weakened again amid calls for a hard lockdown to prevent a surge that may be fuelled by the Delta variant. The main index lost 49.55 points or 0.76 percent to close at 6,473.03 as banks and Industrials led the drop across the board. Volume was...
The local stock market gave up some of the previous day’s gains to end lower week-on-week after government reimposed stricter quarantine measures after reporting the local transmission of the Delta variant. The main index ended 55.88 points or 0.85 percent lower to close at 6,520.74, after...
The local stock market fell after the outlook for the country’s credit rating was downgraded by Fitch Ratings. The PSEi lost 118.74 points or 1.72 percent to close at 6,795.13 as the Property and Holding Firms sectors led the retreat across the board. Volume was higher but still thin at 1.89...
Stock market investors will be watching out for the June inflation figure to be released this week while becoming more optimistic as COVID-19 starts to ease and the vaccination drive gains momentum with the arrival of vaccines ordered by the private sector. “The improving COVID-19 situation in...
The local stock market dropped after approaching the 7,000 resistance level as investors chose to pocket gains rather than push up share prices. PH STOCKS The main index lost 54.74 points or 0.79 percent to close at 6,901.91 as the Property sector led the retrear although sub-indices were evenly...
The local stock market was flat amid some profit-taking and portfolio rebalancing. PH STOCKS The main index shed 3.38 points or 0.05 percent to close at 6,973.35 with only the Financials and Property sectors managing to advance as the Mining and Oil counter led the decline. Volume rose to 5.22...
