The PSEi only made a small gain even after the US Federal Reserve gave a clearer target for its rate cuts this year. The main index added 10.01 points or 0.16 percent to close at 6,323.13, as the mining sector surged on higher gold prices, while banks retreated. Volume declined to 1.06 billion...
Apex Mining Co. Inc. reported a 28 percent growth in consolidated net income to ₱4.3 billion last year from the ₱3.4 billion earned in 2023 due to higher gold output and prices as well as a more favorable exchange rate. In a disclosure to the Philippine Stock Exchange, the firm said...
The PSEi regained the previous day’s loss despite weaker US and regional bourses, as investors continued to pick up cheaper Philippine stocks. The main index added 28.44 points or 0.45 percent to close at 6,313.12, as banks led the advance, while services and miners retreated. Volume rose further...
The Philippine Stock Exchange index (PSEi) weakened towards the end of the trading day on Tuesday, March 18, as investors decided to pocket gains made in the past few sessions. The benchmark index lost 21.51 points or 0.34 percent to close at 6,284.68, as the services sector led the retreat, while...
The Philippine Stock Exchange index (PSEi) notched up another gain after investor sentiment got a boost from news that China is taking steps to increase consumption. The main index added 12.08 points or 0.19 percent to close at 6,306.19 on Monday, March 17, although only conglomerates and services...
WORD ALIVE A patient, who was being wheeled into the operating room, pleaded with the young doctor: “Doc, please be gentle with me; this…this is my first time to be operated on!” The surgeon, who also looked nervous, glanced at her and blurted out: “Do…don’t worry, madam, this…this is...
The local stock market continued to firm up as investors pick up bargains on hopes of earlier rate cuts after both US and Philippine inflation rates eased. The main index hiked 52.04 points or 0.83 percent to close at 6,294.11 with the Property sector leading the advance while only Conglomerates...
Campos-led Del Monte Pacific Limited (DMPL) continued to report losses for the first nine months of its fiscal year ending on April 30, 2025 (FY2025) but sees a return to profitability in the coming years. In a disclosure to the Philippine Stock Exchange, the firm said it expects to incur a net...
The local stock market dipped although the arrest of former President Rodrigo Duterte was not seen to have affected investor sentiment. The main index shed 11.29 points or 0.18 percent to close at 6,195.26, weighed down by the services sector, although sub-indices were evenly divided. Volume...
The local stock market finally buckled under profit-taking after a six-day rally, as investors grew jittery over US President Trump’s shifting tariff policies. The main index plunged 154.22 points, or 2.42 percent, to close at 6,206.55, on Tuesday, March 11, with the Property sector leading...
The PSEi’s winning streak is in its sixth day as investors hopes for a rate cut has been revived after the inflation rate eased. The main index rose by 62.48 points or 0.99 percent to close at 6,360.77, as miners led all sectors higher. Volume was relatively steady at 627 million shares worth...
With the dry season approaching, the government should allow companies to exercise “common sense” in implementing their health and safety policies, according to Employers Confederation of the Philippines (ECOP) President Sergio Ortiz-Luis Jr. In a recent interview, Ortiz-Luis said employers...
