The PSEi fell as cautious investors continued to take profits while digesting mixed first quarter earnings reports. The main index dropped 84.95 points or 1.30 percent to close at 6,466.86 as Miners led the retreat although Conglomerates bucked the trend by advancing. Volume declined to 1.54...
The local stock rallied after the early release of results of a peaceful mid-term elections and a pause on the US-China trade war. The main index jumped by 108.62 points or 1.68 percent to close at 6,566.82 as the Services sector lead the charge while Miners lagged behind as gold prices dropped....
A petition for disqualification has been filed against San Fernando, Camarines Sur mayoralty bet Michelle de Guzman Mabulo before the Commission on Elections (Comelec) for peddling “fake news” against her family’s political rivals. In a joint complaint-affidavit, CamSur Rep. Luis Raymund...
The local stock market ended the week higher as investors cheered to announcement of a trade deal between the US and the UK. The main index jumped 68.71 points or 1.08 percent to close at 6,458.20 as Conglomerates led the advance while Miners declined with weaker gold prices. Volume grew to 738...
The local stock market weakened after first quarter economic growth was slower than the government’s target while the Fed did not cut its policy rates. The main index dropped 75.96 points or 1.17 percent to close at 6,389.49 with Conglomerates leading the retreat across the board. A total of 733...
The Philippine Stock Exchange index (PSEi) rose as investors continued buying up stocks due to the low April inflation rate. The benchmark index rose by 46.76 points or 0.73 percent to close at 6,465.45 on Wednesday, May 7, with the Industrial counter posting the biggest advance while Propert...
The PSEi bounced back from the previous day’s profit-taking after investor sentiment was buoyed by the low Philippine inflation rate for April plus a number of positive corporate earnings reports. The main index rose by 59.06 percent or 0.93 percent to close at 6,418.69 with the Services sector...
The local stock market declined as investors pocketed gains from its recent runup prior to the release of makor economic reports. The main index dropped 52.23 points or 0.81 percent to close at 6,359.63 with the retreat led by Conglomerates and Miners. A total of 700 million shares worth P5.67...
WORD ALIVE There was a “fake news” that Jesus Christ had risen from the dead because the grave was borrowed. The wealthy owner, Joseph of Arimathea, was getting it back allegedly since he needed it. That’s not true. Jesus wanted to prove what he predicted and promised that he would rise on...
WORD ALIVE There was a “fake news” that Jesus Christ had risen from the dead because the grave was borrowed. The wealthy owner, Joseph of Arimathea, was getting it back allegedly since he needed it. That’s not true. Jesus wanted to prove what he predicted and promised that he would rise on...
The PSEi rallied on expectations of a US trade deal coupled with upbeat first quarter earnings reports. The main index jumped by 102.80 points or 1.64 percent to close at 6,354.99 with the Property sector and Banks leading the charge although the Services and Mining counters dropped. Volume rose to...
Rep. Luis Campos and Sen. Nancy Binay Senator and Makati City mayoral aspirant Nancy Binay slammed her brother-in-law, Makati solon and her contender in the mayoralty race, Luis Campos, after allegedly finding his campaign materials inside a barangay hall in Barangay Pinagkaisahan, Makati...
