Local share prices rose Tuesday, (June 15) further after government eased quarantine restrictions in the national capital region. The main index moved up by 59.24 points or 0.86 percent to close at 6,976.73 with only the Financials sector dipping on profit-taking. Volume was also higher at 5.13...
This week, local stock market will be waiting for the announcement on whether quarantine measures will be eased further, especially in the nation’s capital, while also observing if the government can speed up its vaccination program. “Investors are expected to watch out for the government’s...
Local share prices rallied due to favorable developments at home and overseas. The PSEi surged 214.26 points or 3.23 percent to close at 6,841.69 as share prices rose across the board with the Property and Holding Firms counters leading the charge. A hefty 1.9 billion shares worth P9.51 billion...
The local stock market held its ground as investors remain optimistic and did not pocket substantial gains made in the past two days. The main index inched up 9.37 points or 0.14 percent to close at 6.674.51 as the Services and Property counters led gainers while the Holding Firms sector was the...
The Philippine stock market jumped on the passage of the pandemic relief law and the start of month’s end window-dressing. The main index surged 144.53 points or 2.33 percent to close at 6,341.24 as share prices rose across the board. Volume also spike to 1.26 billion shares worth P13.09 billion...
The local stock market weakened as investors fretted over the possibility of higher US interest rates. The main index dropped 34.36 points or 0.55 percent to close at 6,164.89 as all indices retreated, led by the interest rate-sensitive Property sector. Volume was low with 1.09 billion shares worth...
The Philippine stock market dropped further on concern that the April inflation rate remained high. The main index fell 59.46 points or 0.94 percent to close at 6,299.69 with only the Mining and Oil counter advancing. Photo credit: https://www.pse.com.ph Volume also fell, down to 4.15...
The local stock market managed to post some gains despite the extension of quarantine measures in the capital region. PSE file photo The main index inched up by 18.37 points or 0.28 percent to close at 6,487.51 with only the Holding Firms counter giving way to profit-taking. However,...
Local share prices rose Wednesday, (April 28) on bargain hunting and window-dressing. The (Philippine Stock Exchange index (PSEi) jumped 112.67 points, or 1.77 percent, to close at 6,469.14 as the Holding Firms and Property counters led gains across the board. (Photo credit:...
DDMP REIT Inc., the real estate investment trust subsidiary of DoubleDragon Properties Corporation, successfully listed its shares at the Philippine Stock Exchange but its performance was not as hot as many anticipated. The firm’s shares closed flat at its initial...
The local stock market rose despite a weak start as investors continued bargain hunting. The PSEi gained 50.66 points or 0.79 percent to close at 6,497.01 with only the Mining and Oil counter in the red. Photo credit: (https://www.pse.com.ph/) Volume surged to 9.27 billion shares worth...
Local shares weakened slightly Friday after failing to breach the 7,300 level. The Philippine Stock Exchange index (PSEi) retreated 25.22 points, or 0.35 percent, to close at 7,272.80 with sectoral indices evenly mixed. Photo credit: (https://www.pse.com.ph/) Volume rose to 23.55 billion shares...
