By James A. Loyola The local stock market ended weaker after some gains early in the day after investors started pocketing profits. The main index lost 22.28 points or 0.33 percent to close at 2,697.04 with Banks leading the retreat. Volume was firm at 352 million shares worth P5.41 billion as...
The local stock market ended the day higher but below the 6,700 level which it breached in the morning, as investors anticipate rate cuts in the US and Philippines. The Philippine Stock Exchange index (PSEi) added 41.14 points or 0.62 percent to close at 6,689.37 with the Property sector leading...
WORD ALIVE Some time ago I celebrated the culminating mass of a two-day Life in the Spirit Seminar (LSS) of the Loved Flock charismatic community at the DPWH chapel, Port Area in Manila. What I considered remarkable was that the organizers were lay people and professionals who took time out to...
The local stock market closed the week higher as investor sentiment remains upbeat amid expectations of a rate cut following the decline in the US inflation rate. The Philippine Stock Exchange index added 38.99 points, or 0.59 percent, to end at 6,648.23. The Services sector led the advance, while...
Local share prices jumped back after the previous day’s contraction as investors continued to bet on a rate cut. The main index surged 119.89 points or 1.85 percent to close at 6,609.24 with Conglomerates leading the rally. Volume rose to 427 million shares worth P6.80 billion as gainers beat...
The Philippine Stock Exchange Index (PSEi) dropped on profit-taking despite the Nasdaq and S&P hitting all-time highs. The main index lost 67.31 points or 1.03 percent to close at 6,489.35 with the Industrial sector posting the biggest loss. Volume was steady at 413 million shares worth P6.22...
Local share prices rose on the back of gains in US stocks due to rate cut hopes. The main index added 27.23 points or 0.42 percent to close at 6,556.66 as Conglomerates led the advance while Banks and Miners retreated. Volume rose to 767 million shares worth P6.74 billion as gainers upset losers 97...
The local stock market started the week on a positive note ahead of the release of several important economic data in the Philippines and the US. The main index added 36.68 points or 0.56 percent to close at 6,529.43, although half the sub-indices retreated. Volume rose to 447 million shares worth...
(MANILA BULLETIN) Here's potential good news for workers who toil the night shift. Makati City 2nd district Rep. Luis Campos Jr. has filed House Bill (HB) No. 10534, which would free the night shift differential pay from taxes so that...
WORD ALIVE There’s a saying that goes, “Familiarity breeds contempt.” In today’s gospel, this saying applies to Jesus when he returned to his hometown and taught in the synagogue. His town mates could not accept him because he was too familiar to them. “How can he claim to be a...
The Philippine Stock Exchange (PSE) edged lower as investors took profits before the bourse closed for the weekend. The PSE index shed 14.74 points or 0.23 percent to close at 6,492.75 with sectoral indices evenly divided. Volume decreased to 455 million shares worth P4.24 billion as losers...
The local stock market rose further as investors place their bets a day before the government announces the July inflation rate. The main index added 57.46 points or 0.89 percent to close at 6,507.49 as the Services and Financials sectors led the advance while Conglomerates lagged behind. Volume...
