The local stock market rose at the start of the three-day trading week as bargain hunters were emboldened by gains in US bourses last Friday. The main index jumped by 63.08 points or 1.04 percent to close at 6,145.52 as the Services sector led the advance with only Banks in the red. Volume...
(MANILA BULLETIN) Makati City 2nd district Rep. Luis Campos Jr. is batting for the construction of a dual-purpose road tunnel and flood diversion channel beneath Epifanio de los Santos Avenue (EDSA) as a way to mitigate traffic congestion and...
WORD ALIVE Palm Sunday is called “Domingo de Ramos” or Mahal na Araw. It’s the start of Holy Week, in local parlance, “Mahal na Araw.” “Mahal” does not mean nag-mahal ang halaga ng gasolina at mga bilihin. (‘Mahal’ does not mean the price of gasoline and commodities rose...
The local stock market ended the last day of a volatile week almost flat despite the expected rate cut by the Bangko Sentral ng Pilipinas as investors held on to cash in case Trump pulls more surprises this week. The main index eked out a 4.62 points or 0.08 percent gain as Miners and Banks carried...
Trump’s decision to delay and reduce tariffs spurred the market to rally further, although profit-taking trimmed some gains. The Philippine Stock Exchange index (PSEi) jumped 71.48 points or 1.19 points to close at 6,077.82 on Thursday, April 10, with Miners leading the charge. Volume...
The local stock market bounced back to the 6,000 level and recovered more than half the steep loss suffered in the previous day as most countries chose diplomacy over a trade war with the US. The main index surged by 183.49 points or 3.15 percent to close at 6,006.34 with Services leading the...
The Philippine Stock Exchange index (PSEi) plunged as investors sold down shares in panic due to fears of a global trade war as countries are taking retaliatory measures slapped harsh tariff rates by the US. The Philippine benchmark fell by 261.34 points or 4.3 percent to close at 5,822.85 on...
Philippine stocks prices plunged immediately after the opening of the trading week on fears of a global trade war and possible recession. As of 10:18 this morning, the PSEi has lost 235.13 points, or 3.87 percent, at 5,849.06, with the mining and oil sector leading losses across the board. "US...
WORD ALIVE There’s an amusing story in today’s gospel on the adulterous woman. When Jesus said in defense of the woman against her accusers: “He who has no sin among you let him cast the first stone,” there was a cold silence. The silence was broken when a stone was thrown in the...
Local share prices fell further as investors around the world fear that Trump’s tariffs will plunge the global economy into recession. The PSEi lost 61.54 points or 1.00 percent to close at 6,084.19 with the Mining and Services counters suffering the most. Volume surged to 1.72...
MacroAsia Corporation (MAC), taipan Lucio Tan’s aviation services unit, expects to exceed last year’s record revenue and strong profit growth as the aviation industry continues to recover from the pandemic while enjoying the revenge travel tailwind. The firm posted a 28 percent increase in...
The PSEi fell in a knee-jerk reaction to the higher tariffs slapped by the United States (US) on products from the Philippines. The main index lost 101.95 points, or 1.63 percent, to close at 6,145.73, with the retreat led by the services sector, while miners managed to advance as investors bought...
