The local stock market continues to move sideways as investors wait for third quarter earnings reports. The main index eked out a gain of 6.53 points or 0.09 percent to close at 7,413.16 as Services and Industrials advanced, but more sectors were in the red. Volume improved to 916 million shares...
The local stock market dipped on thin trading as investors wait for fresh corporate earnings reports to come out. The main index shed 9.1 points or 0.12 percent to close at 7,406.63 with sectoral indices evenly mixed. Volume was weak at 638 million shares worth P3.3 billion as losers outnumbered...
WORD ALIVE Once a priest was complaining why his bishop kept naming “monsignors” in his diocese. The bishop said to him, “You know why? When I give the purple attire to some priests, the faces of other priests turn either blue or green. Blue in anger and green in envy.” That priest’s...
The local stock market ended the last trading day of the week with a slight uptick with investors looking forward to the start of the season for the release of third quarter earnings reports. The main index added 15.40 points or 0.21 percent to close at 7,415.73 with Miners leading the advance...
Local share prices dropped in afternoon trading as investors turn cautious amid global uncertainties after rising in the morning session due to the rate cut. The main index lost 36.67 points or 0.49 percent to settle at 7,400.33 as Conglomerates led the retreat while Banks managed to advance....
The local stock market surged on expectations of another rate cut by the Monetary Board later this week. The main index rallied by 129.90 points or 1.77 percent to close at 7,456.31 as the Property sector led the charge although Miners declined due to lower gold prices. Volume was higher at 553...
The PSEi inched up on some bargain-hunting after last week’s correction and as investors wait for market moving news to be released later this week. The main index added 16.09 points or 0.22 percent to close at 7,326.41 as Miners led the advance with only the Services counter in the red. Volume...
WORD ALIVE “How hard it is for a rich man to enter the Kingdom of God. It is easier for a camel to pass through the eye of a needle than for a rich man to enter the Kingdom of God” (Mk 10,25). The words of Jesus sounds shocking and threatening for the rich. What does the Lord mean? Does he mean...
The local stock market fell as investors worry about the possible impact of the higher-than-expected US inflation rate might have on interest rate cuts. The main index dropped 101.15 points or 1.36 percent to close at 7,310.32 with the interest rate-sensitive Property sector suffering the biggest...
WORD ALIVE Once a husband was examining his and wife’s marriage certificate. He looked at the back, trying to find something. Seeing what he was doing, the wife blurted, “What are you doing? You have been scrutinizing that marriage certificate for a long time already.” The husband replied,...
Tensions in the Middle East are threatening to stop the stock market bull in its tracks, although the low September inflation may continue to boost investor sentiment as it may lead to lower interest rates and higher consumer spending. Philstocks Financial Research Manager Japhet Tantiangco said...
The PSEi saw its gains peter out in late trades as investors exercise caution amid growing tensions in the Middle East. The main index shed 13.89 points or 0.19 percent to close at 7,388.92 with sectoral indices equally split. Volume rose to 1.01 billion shares worth P7.38 billion as gainers beat...
