The local stock market extended its losing streak but some bargain-hunting helped the PSEi to recover most of the day’s losses. The main index shed 4.39 points or 0.07 percent to close at 6,741.07 with sectoral indices evenly divided. Volume was low at 572 million shares worth P4.26 billion as...
The Philippine Stock Exchange's bellweather fell by more than 200 points on Friday, April 5, from Monday’s level after a four-day losing streak, as investors were spooked by the rising inflation rate and the prospect of a delay in the reduction of interest rates. The main index dropped 81.6...
The local stock market fell following renewed concern over US interest rates. The main index plunged 96.61 points or 1.39 percent to close at 6,863.82 as the Property sector led the retreat. Volume also dropped to 701 million shares worth P4.29 billion as losers outnumbered gainers 119 to 71 with...
The local stock market kicked off the first trading day of the second quarter with a substantial hike following strong economic data from China and the US. The main index jumped by 76.28 points or 1.10 percent to close at 6,979.81 as Conglomerates led the advance while the Industrial sector lagged...
The local stock market declined as investors wait for fresh cues from the US. The main index dropped 28.87 points or 0.42 percent to close at 6,853.10 as Banks led the retreat with only Conglomerates holding on to gains. A total of 553 million shares worth P5.48 billion were traded as losers beat...
The local stock market pulled back from the previous day’s spike as investors cashed out ahead of the weekend marking the start of the Holy Week when many are expected to go on vacations. The Philippine Stock Exchange Index (PSEi) fell 82.25 points or 1.17 percent to close at 6,881.97 as the...
The local stock market inched up as investors continued to wait for the results of the US Federal Reserve meeting. The main index added 8.34 points or 0.12 percent to close at 6,856.77 as sectoral indices were evenly divided with the Services counter chalking the biggest gain. Volume rose to 786...
The local stock market bounced from last Friday’s steep drop but lost most of its intraday gains as investors remain cautious ahead of the release of US economic data and the Fed meeting. The main index added 30.97 percent or 0.45 percent to close at 6,853.29, after rising above the 6,900 level...
The local stock market fell due to less than favorable US economic data which further supported growing concern that interest rate cuts are not coming soon. The main index plunged by 145.64 points or 2.09 percent as the Property sector led the retreat while the Mining and Oil counter was the only...
The local stock market jumped on continued bargain hunting as sentiment was boosted by gains in the US. The main index rose by 85.92 points or 1.25 percent to close at 6,965.51 as the Property sector led the rally across the board. Volume grew to 700 million shares worth P6.47 billion as gainers...
The local stock market lost the bulk of last Friday’s gains after US bourses closed lower. The main index fell 69.97 points or 1.01 percent to close at 6,872.24 as the Property sector led the retreat across the board. Volume dropped to 507 million shares worth P3.76 billion as losers trounced...
The local stock market weakened further, weighed down by the performance of US stocks and the higher Philippine inflation numbers for February. The main index shed 26.92 points or 0.39 percent to close at 6,878.54 as the Industrial sector led the retreat while Banks managed to buck the trend....
