The local stock market dropped after the government reported an uptick in the inflation rate last month. The main index fell 79.79 points, or 1.20 percent, to close at 6,545.38. The Services sector led the retreat, with only Mining and Oil in the green. Volume was higher but still thin at 1.51...
The local stock market started the week on the positive side, with the PSEi sustaining the advance made in the first two trading days of the year. The main index added 21.36 points or 0.32 percent to close at 6,625.17 although only Banks and Services were up while most sectors were lower. Volume...
WORD ALIVE A story is told about a Franciscan, a Jesuit, and an SVD who paid homage to the Christ Child in Bethlehem. The Franciscan was interested in the manger to serve as reminder of the poverty and simplicity their Order professed. The Jesuit was more interested to have Jesus enrolled at their...
The local stock market rose further after a positive Philippine manufacturing index spurred more bargain hunting. The main index added 53.42 points or 0.82 percent to close at 6,603.81 as Banks led the advance across the board. Volume was still low at 2.77 billion shares worth P3.78 billion as...
Across the country, thousands of bakers wake up in the middle of the night to work all day in front of a hot oven creating premium loaves, bread, cakes, and pastries. The majority of them hail from the town of Cuenca in Batangas. The province of Batangas is more than just about historic churches,...
The local financial markets sent mixed signals to investors as the new year began, with the Philippine Stock Exchange index (PSEi) climbing slightly higher while the peso slipped against the US dollar, setting the stage for a potentially volatile 2025. The peso began the year with a slight...
WORD ALIVE A high school teacher was telling her class about statistics which indicate that more twins are being born these days than in the past. “Why?” asked a teen-aged boy. “Because,” replied a girl, “little children are afraid to come into the world alone.” That...
The local stock market dipped on the last trading day of the year as index heavyweights continued to drag down the PSEi even though more stocks were up. The main index shed 10.23 points or 0.16 percent to close 2024 at 6,528.79 as Banks suffered the biggest loss while Mining stocks surged. Volume...
The Philippine Stock Exchange Index (PSEi) managed to eke out a gain despite some index heavyweights weakening and offsetting the broader market's gains. The main index added 4.11 points, or 0.06 percent, to close at 6,539.02, with the Property sector leading the advance while the Conglomerates and...
Santa Claus finally paid the local stock market a visit, sparking off some recovery on the last trading day before Christmas. The main index surged by 128.53 points or 2.01 percent to close at 6,534.91 with the Industrial sector leading the rally across the board. Volume was thin at 713 million...
WORD ALIVE On the eve of the graduation of a senior high school class, a dedicated and unassuming teacher was invited to a class farewell party. In her inspirational talk, the teacher said, “Someday you will all be successful in life. But remember, a peso is not a peso without one centavo....
The local stock market dropped below the 6,400 level after the US Federal Reserve signaled a slower pace of rate cuts next year. The main index fell 73.48 points or 1.14 percent to close at 6,395.60 with the Mining and Oil sector suffering the biggest loss. Volume grew to 595 million shares worth...
