Local share prices fell as investors preferred to hold on to cash over the long weekend. The main index lost 71.08 points or 1.13 percent to close at 6,234.77 as Banks led all sectors in the retreat. Volume eased to 270 million shares worth P3.67 billion as gainers edged out losers 83 to 82 with 49...
The PSEi was able to recover most of the day’s loss to end almost flat amid some profit-taking as investors wait for fresh cues. The main index shed 3.1 points or 0.05 percent to close at 6,305.85 as Banks led the decline while Conglomerates and Services advanced. Volume improved to 345...
The local stock market ended up after early profit-taking following the release of lower-than-expected inflation figures for November. The main index rose by 24.58 points or 0.39 percent to close at 6,308.95 even though sectoral indices were evenly split. Volume was still low at 622 million...
Philippine shares rose ahead of the release of economic data here and overseas including the November inflation number. The main index added 39.19 points or 0.63 percent to close at 6,284.37 with the advance led by the surge in Mining and Oil stocks. Volume remained weak though at 446 million...
WORD ALIVE Somebody once said, “There are two things we cannot escape in this life — paying taxes and dying.” The first is certainly not true because we know too well that there are tax evaders. But with death, that’s a hundred-percent certainty. And, most often, we do not know when it...
The PSEi was up today, Dec. 1, following gains made by US bourses amid hopes that interest rates will not be raised. The main index added 21.45 points or 0.34 percent to close at 6,245.18 as the Property counter led the advance while Banks and Miners lagged behind. Volume declined to 1.68...
The local stock market continued to decline as investors adjust their holdings to the new MSCI index composition. The main index dropped 41.41 points or 0.66 percent to close at 6,223.73 with Conglomerates leading the retreat although Banks and Property stocks managed to advance. Volume...
The local stock market opened the shorter trading week on a positive note as month’s end window dressing started while oil prices weakened. The main index rose by 40.07 points or 0.64 percent to close at 6,309.57 as the Property sector surged to lead the advance while the Industrial and...
WORD ALIVE Tomorrow is the feast of Christ the King. When Jesus was crucified, a wooden sign (caratola) was nailed over his head with the inscription INRI, which in Latin means “Iesus Nazarenus Rex Iudaeorum”; in English, “Jesus of Nazareth King of the Jews.” * * * Is Christ really a...
Word Alive When I studied at the SVD theological seminary in Tagaytay, we had an exceptionally bright seminarian. In class when the professor was lecturing, he would make sketches on his notebook, seemingly unmindful of what the mentor was saying. When examinations came, he would get a perfect or...
MONTEVIDEO (AFP) -- Uruguay's record goalscorer Luis Suarez on Monday, Nov. 13, received his first call-up under new coach Marcelo Bielsa who named the 36-year-old in his squad to face Argentina this week in a 2026 FIFA World Cup qualifier. Uruguay's Luis Suarez (left) and Lionel Messi of Argentina...
WORD ALIVE Sometime ago, a news item in Divisoria, Manila, related about how burglars broke into a shop. This would not have raised eyebrows at all since the incident took place in a notorious place. What made it amusing was that it happened to a company that manufactures burglar-proof glass...
