The local stock market extended its losing streak but some bargain-hunting helped the PSEi to recover most of the day’s losses. The main index shed 4.39 points or 0.07 percent to close at 6,741.07 with sectoral indices evenly divided. Volume was low at 572 million shares worth P4.26 billion as...
WORD ALIVE An SVD missionary in one of the Pacific Islands related how surprised he was one day to be visited in his parish by a woman carrying a handful of sand. “Do you know what this is?” she asked. “It looks like sand,” replied the missionary. “What does this all mean?” “Well,...
The Philippine Stock Exchange's bellweather fell by more than 200 points on Friday, April 5, from Monday’s level after a four-day losing streak, as investors were spooked by the rising inflation rate and the prospect of a delay in the reduction of interest rates. The main index dropped 81.6...
The local stock market continued to decline due to growing uncertainties in both the global and domestic fronts. The PSEi dropped 36.76 points or 0.54 percent to close at 6,827.06 led by the retreat of the Services sector although Miners and Banks advanced. Volume was weak at 510 million shares...
The local stock market fell following renewed concern over US interest rates. The main index plunged 96.61 points or 1.39 percent to close at 6,863.82 as the Property sector led the retreat. Volume also dropped to 701 million shares worth P4.29 billion as losers outnumbered gainers 119 to 71 with...
The local stock market ended lower on late profit-taking after a strong opening that sent the Philippine Stock Exchange Index (PSEi) above the 7,000 level. The main index lost 19.38 points or 0.28 percent to close at 6,960.43 led by losses of Banks although sectoral indices were evenly split....
Cardinal Luis Antonio Tagle advised parents to prioritize faith over financial status when selecting godparents for their children. (Cardinal Luis Antonio Tagle / Photo from CBCP) "Remember that the role of [a] ninong and ninang (godfather and godmother) is not to give gifts. They are supposed to...
The local stock market kicked off the first trading day of the second quarter with a substantial hike following strong economic data from China and the US. The main index jumped by 76.28 points or 1.10 percent to close at 6,979.81 as Conglomerates led the advance while the Industrial sector lagged...
WORD ALIVE In the vigil service of Holy Saturday tonight, Christians await the Lord as He comes forth from the tomb. The paschal candle symbolizes the Risen Christ dispelling the darkness of sin and death. This is dramatically enacted as the church, with all the lights switched off, is enveloped in...
WORD ALIVE There is a true story about a Russian general, the governor of a province in one of the former Soviet Republics. Concerned with the outbreak of a rash of petty crimes, he issued an edict that anyone caught and convicted would receive one hundred lashes. As fate would have it, the first...
The local stock market recovered some lost ground as investors started picking up cheaper stocks. The main index rose 45.07 points or 0.66 percent to close at 6,898.17 led by the advance of the Services sector while Banks and Miners lagged behind. Volume improved to 699 million shares worth P7.62...
The local stock market declined as investors wait for fresh cues from the US. The main index dropped 28.87 points or 0.42 percent to close at 6,853.10 as Banks led the retreat with only Conglomerates holding on to gains. A total of 553 million shares worth P5.48 billion were traded as losers beat...
