The PSEi started the week stronger and just a few points shy of 7,000 resistance level amid growing optimism spurred by better Philippine economic numbers. The main index rose by 48.16 points or 0.69 percent to close at 6,984.25 as Banks led the charge although Industrials and Miners were in the...
Makati City 2nd district Rep. Luis Campos Jr. (Facebook) Makati City 2nd district Rep. Luis Campos Jr. believes that the Philippines can move the needle in terms of economic growth by simply setting up 50,000 password-free Wi-Fi hotspots all...
WORD ALIVE The gospel episode for this 23rd Sunday relates about Jesus healing a deaf and, simultaneously, a mute man (Mark 7,31). In his commentary on the episode, a biblical author William Barclay wrote, “Most people find deaf folks a nuisance. They sympathize with people who are blind...
The local stock market rose further as optimism generated by the lower inflation rate overcame news of weaker US equities. The main index added 28.12 points or 0.41 percent to close at 6,936.09 with Conglomerates leading the advance while the Services and Mining counters lagged behind. Volume was...
The local stock market firmed up after the August inflation rate dropped lower than expected. The main index added 25.85 percent or 0.38 percent to close at 6,907.97 but sectoral indices were still evenly divided. Volume was lower at 517 million shares worth P5.07 billion as gainers edged out...
The Department of Trade and Industry (DTI) has issued the Domestic Bidders (DoBid) Certificate of Preference for Cemex Holdings Philippines’ APO Cement and SOLID Cement. Cemex Philippines said the DoBid certification assures consumers and government contractors that APO Cement and SOLID...
The PSEi recovered from early losses to close flat as investors initially sold down stocks following weak US markets overnight. The main index shed just 0.8 points or 0.01 percent to close at 6,882.12 with sectoral indices evenly divided. Volume was a little higher at 653 million shares worth P5.56...
Local share prices softened on profit-taking due to lack of fresh cues as US markets were closed while inflation numbers are not due until Thursday. The main index dropped 40.49 points or 0.58 percent to 6,882.92 as the Services sector led the retreat while Conglomerates bucked the trend....
The local stock market managed to advance as investors remain upbeat amid prospects of lower interest rates. The main index added 25.87 points or 0.38 percent to close at 6,923.41 with sectoral indices mixed. Volume was lower at 555 million shares worth P4.89 billion as gainers outnumbered losers...
Pag-asa Island (AFP) Makati City 2nd district Rep. Luis Campos Jr. said the Department of Transportation (DOTr) will allocate P300 million for the construction of a new sheltered port on Pag-asa Island in the West Philippine Sea (WPS) to further spur...
WORD ALIVE There’s a story about a Jewish rabbi (teacher) who was in prison. The rabbi used his small daily ration of water not for drinking, but for religious ritual of hand washing before eating. Because of his determination to obey the rules of ritual cleanliness, the poor rabbi almost died of...
The local stock market increased amid strong trading as investors adjusted their portfolios while waiting for more economic indicators. The main index added 5.99 points or 0.09 percent to close at 6,897.54, with sectoral indices split evenly. Volume shot up to 1.74 billion shares worth P13.3...
