The Philippine Stock Exchange index (PSEi) dipped as investors continued to wait for market-moving news. The main index shed 11.21 points, or 0.18 percent, to close at 6,277.67 on Tuesday, Aug. 19. The Services counter led the decliners, while the Conglomerates and Mining sectors managed to...
The Philippine Stock Exchange index (PSEi) started the week on a soft note as share prices declined amid a lack of fresh catalysts. The main index dropped 27.05 points, or 0.43 percent, to close at 6,288.88. Sectoral indices were mixed. Volume declined to 747 million shares worth ₱6.18 billion,...
The Philippine Stock Exchange composite index (PSEi) ended the last trading day of the week on the upside after investors picked stocks later in the session on news of stronger remittances. The main index added 24.08 points, or 0.38 percent, to close at 6,315.93. The industrial sector led the...
The Philippine Stock Exchange index (PSEi) dropped on concern that the Philippine national debt will balloon further next year. The main index shed 33.24 points, or 0.53 percent, to close at 6,291.85, although sectoral indices were equally divided. “The market slipped today as some investors may...
The Philippine Stock Exchange index (PSEi) continued to climb as investor sentiment was buoyed by a flurry of positive corporate earnings reports and a flat United States (US) inflation rate, which could influence the Federal Reserve’s decision on a rate cut. The main index rose by 35.24 points,...
The local stock market bounced after dropping in the previous three sessions as investors started bargain hunting. The main index added 35.49 points or 0.57 percent to close at 6,289.85 on Tuesday, Aug. 12, as Conglomerates led the advance while Banks continued to decline. Volume jumped to 756...
The Philippine Stock Exchange index (PSEi) dropped on Monday, Aug. 11, as investors sold off stocks due to a lack of fresh market-moving developments. The main index fell by 85.02 points, or 1.34 percent, to close at 6,254.36. Banks led the retreat, with only the Services counter managing to hold...
Local stock market investors will continue to digest second-quarter earnings reports this week while keeping a close eye on developments in US trade policies. Philstocks Financial Research Manager Japhet Tantiangco said investors are looking for new catalysts. “Investors are expected to watch for...
The Philippine Stock Exchange index (PSEi) dipped despite the slightly higher gross domestic product for the second quarter, as sentiment was affected after Trump said tariffs would be slapped on semiconductor imports. The main index shed 5.96 points or 0.09 percent to close at 6,364.69 on...
The Philippine Stock Exchange index (PSEi) registered an increase on Wednesday, Aug. 6, fueled by optimism that the Bangko Sentral ng Pilipinas (BSP) will cut key interest rates and support the peso. The main index gained 17.02 points, or 0.27 percent, to close at 6,370.65. Sectoral indices were...
The local stock market posted a marginal gain on Tuesday, Aug. 5, following the government 's report that inflation eased in July. The Philippine Stock Exchange index (PSEi) rose by 4.98 points, or 0.08 percent, to close at 6,353.63. The Property sector led the advance, while only the Banks...
The PSEi continued to rise on bargain hunting as investors anticipate a benign inflation rate for July while the peso also firmed up. The main index added 42.52 points, or 0.67 percent, to close at 6,348.65. Sectoral indices were equally divided, with the property counter leading advancers. A total...
