The Philippine Stock Exchange index (PSEi) dropped as investors continue to cash out of the market due to the coming holidays. The main index lost 51.52 points or 0.79 percent to close at 6,469.23 as the Property sector led the retreat while Banks bucked the trend. Volume rose to 1.99 billion...
The local stock market was flat as investors continued to take cash out due to the coming long Christmas holiday. The main index shed a marginal 0.52 points to close at 6,520.75 with sectoral indices equally divided. Volume improved to 1.15 billion shares worth P6.32 billion as gainers outnumbered...
After a sluggish start, local shares rose following some positive economic news. The main index added 45.77 points or 0.71 percent to close at 6,521.27 as Banks led the charge although Conglomerates and Miners retreated. Volume was thinner though at 748 million shares worth P4.37 billion as...
The local stock market ended a few points down as investors started to take profits after US Federal Reserve officials cooled down rate cut expectations. The main index shed 2.94 points or 0.05 percent to close at 6,475.50 as sectoral indices were evenly split. A total of 602 million shares changed...
(MANILA BULLETIN) With the lack of nurses in hospitals still very much a problem, Makati City 2nd district Rep. Luis Campos Jr. is pushing for the creation of a P1-billion Nursing Education Support Fund. Campos said such fund would help state universities and...
WORD ALIVE Gaudete, which means “rejoice,” “be joyful,” is the message of this 3rd Sunday of Advent. That’s why the liturgical color for this Sunday is not violet but pink. The Sunday tells us to be “joyful in hope” because Christ the Messiah has already redeemed us. However,...
The PSEi rose further after the Bangko Sentral kept rates steady, spurring hopes of a long-awaited Santa Claus rally at the bourse. The main index jumped 67.96 points or 1.06 percent to close at 6,478.44 as Conglomerates led the charge but the Property and Mining counters retreated. Volume also a...
The local stock market surged after news that the US Federal Reserve will likely cut rates starting next year. The main index shot up by 154.74 points or 2.47 percent to close at 6,410.48 as Conglomerates led the rally although the Services counter lagged behind. Volume rose to 385 million shares...
The local stock market declined despite the strong performance by its US counterparts as investors here preferred to wait for results of both US Federal Reserve and Bangko Sentral Pilipinas (BSP) policy meetings. The main index dropped 36.65 points or 0.58 percent to close at 6,255.74 as the...
The local stock market rose on thin volume as it benefited from the hike in US stock prices ahead of the release of the US inflation numbers for November. The main index added 64.10 points or 1.03 percent to close at 6,292.39 as Banks led all sectors in the advance. Volume declined to 314...
The PSEi dipped as investors wait for fresh cues although sentiment was also dampened by the Bangko Sentral ng Pilipinas’ (BSP) signal that it is not lowering rates soon. The main index shed 6.48 points or 0.10 percent to close at 6,228.29 as Banks led the decline while Conglomerates and...
WORD ALIVE A soldier and his wife were preparing for the baptismal party of their baby girl when the chaplain arrived for the Baptism. Taking the father aside, the priest asked, “Are you prepared spiritually for this religious event?” “Well, I don’t know, Father,”...
