The local stock market inched up some more as investors picked up bargains amid an improvement in global markets. The main index added 15.61 points or 0.23 percent to close at 6,769.62 as sectoral indices were evenly mixed. Volume remained thin at 745 million shares worth P5.37 billion as gainers...
The local stock market bounced on Wall Street’s lead despite the announcement that inflation rate rose further in May. The main index rose 37.13 points or 0.55 percent to close at 6,754.01 as the Mining and Oil sector led all counters in the advance. Volume remained weak though at 877 million...
The local stock market started the week lower as investors continue to worry about inflation and interest rates. The main index shed 24.52 points or 0.36 percent to close at 6,716.88 as only the Property counter advancing while the Mining and Oil sector led the retreat. A total of 1.88 billion...
WORD ALIVE FR. BEL SAN LUIS, SVD Once an archbishop was discussing Christianity with a learned Japanese writer. The writer told the archbishop, "I can understand God the Father and God the Son, but I can never understand the significance of the ‘Honorable Bird’ (Holy Spirit)." * * * Today is...
The local stock market closed higher after a weak start as investors started picking up bargains before the week ended. The main index rose 54.57 points or 0.82 percent to close at 6,741.40 as the Mining and Oil sector led in the advance across the board. However, volume dropped further to 1.09...
The local stock market declined as investors continue to worry over the global economy. The main index shed 25.38 points or 0.38 percent to close at 6,686.83 although only the Banks and Industrial counters retreated while the Mining and Oil sector led advancers. Volume weakened further to 852...
Pope Francis has appointed Filipino Cardinal Luis Antonio Tagle as member of the Congregation for Divine Worship and the Discipline of the Sacraments. Cardinal Luis Antonio Tagle (MB file photo) Church-run Radio Veritas on Thursday said the Vatican made public the appointment on June 1. The Vatican...
The local stock market dropped further on concern over the impact of rising inflation and interest rates. The main index lost 62.47 points or 0.92 percent to close at 6,712.21 as Banks led the decline although Mining and Property stocks managed to advance. Volume fell to 659 million shares worth...
The local stock market rose for the second day as investors continued to pick up bargains amid positive remittance data. The main index was up 92.54 points or 1.42 percent to close at 6,594.66 as Holding Firms led the advance while the Services counter was the only one that retreated. Volume dipped...
The local stock market bounced from its five-day losing streak on the back of gains in US bourses. The main index jumped 122.95 points or 1.93 percent to close at 6,502.12 with the Property sector registering the biggest gain as all counters advanced. A total of 678 million shares worth P8.06...
WORD ALIVE FR. BEL SAN LUIS, SVD Fr. Joseph Dau Vu, SVD, was a Catholic chaplain of the Vietnamese "boat people:" refugees in Morong, Bataan. He related to me how he together with 55 compatriots slipped out of communist Saigon on an old, decrepit motorized boat and sailed to freedom. * * * The...
The local stock market plunged for the 5th straight session, falling a total of over 499 points or 7 percent to the 6,300 level, as foreign investors continue to leave amid uncertainties. The main index dove 153.13 points or 2.34 percent to close at 6,379.17 as Conglomerates led in the retreat...
