The PSEi slipped due to profit taking after its recent runup but managed to stay above the 7,000 mark. The main index shed 31.44 points or 0.45 percent to close at 7,014.04 with the Industrial sector leading theretreat while the Property and Services counters managed to advance. Volume remained...
The local stock market breezed past the 7,000 resistance level as foreign funds bought Philippine shares on expectations of milder US rate hikes. The main index rose 93.94 points or 1.35 percent to close at 7,045.48, after breaching 7,100 intraday, as Banks led the rally while the Services and...
WORD ALIVE Fr. Bel San Luis This Sunday, the immensely popular feast of the Sto. Niño in the Philippines, is celebrated. Rich and poor, young and old alike maintain a strong, if not fanatical, devotion to the Holy Child. Colorful fiestas and processions are held in his honor. * * * In the gospel,...
The local stock market rallied to close the week on a stronger note after news that the US inflation rate eased last month. The main index surged 118.01 points or 1.73 percent to close at 6,951.54 with Banks leading the charge across the board. Volume rose to 1.63 billion shares worth P9.24 billion...
The local stock market surged on the back of gains in US share prices amid hopes of easing inflation. The main index jumped 124.19 points or 1.85 percent to close at 6,833.53 with the Property sector leading the rally while the Mining and Oil counter lagged behind. Volume rose to 1.42 billion...
Local share prices weakened for the second day as US and Philippine monetary authorities are expected to raise interest rates soon. The main index lost 47.35 points or 0.70 percent to close at 6,709.34 with Banks and Property leading the retreat although Industrials and Miners managed to advance. A...
The local stock market declined as investors took profit following mostly weaker US bourses prior to the release of inflation data. The main index dropped 33.55 points or 0.49 percent to close at 6,756.69 with only the Services sector managing to stay in the green. Volume jumped to 2.51 billion...
The local stock market resumed its upward trek after a brief respite last Friday, as investor sentiment was boosted by upbeat overseas markets. The main index jumped 122.27 points or 1.83 percent to close at 6,790.24 as Miners and Banks led all sectors in the rally. Volume was also firmer at 2.46...
Luis Manzano and Jessy Mendiola are officially parents. The two took to social media to post photos of their bundle of joy Saturday. Posting a photo of her holding her baby's hand, Jessy wrote, "I never knew I could love like this." https://www.instagram.com/p/CnGZ5KtvSoM/?hl=en She added, "My...
Here's a clue: It has been two weeks since their daughter was born It's a great start for the 2023 for the couple Luis Manzano and Jessy Mendiola as they share the good news that they are now proud parents to Peanut. "I never knew I could love like this. My little Rosie. Isabella Rose Tawile...
WORD ALIVE Fr. Bel San Luis This Sunday we celebrate the feast of the Three Kings or Magi. Magi were wise men or enlightened astrologers. The feast is also called “Epiphany” (from the Greek word ‘epiphanein’) which means “manifestation” because the newborn Messiah showed himself to the...
After a healthy start this year, stocks dropped on Friday, Jan. 6, as investors took profits at the local stock market after US bourses dropped due to renewed concern over interest rate hikes. The main index fell 93.36 points or 1.38 percent to close at 6,667.97 with the Industrial counter leading...
