The local stock market continued to trek higher after the announcement of a favorable inflation rate for December. The main index rose 42.83 points or 0.64 percent to close at 6,761.33 as Banks led the advance while the Services and Mining counters declined. Volume improved slightly to 1.85 billion...
Local share prices surged to the 6,700 level on the second day, Jan. 4, of trading in 2023 as more investors returned to the market from the holidays. The main index jumped 132.49 points or 2.01 percent to close at 6,718.59 as the Mining and Services sectors led the rally across the board. Volume...
The local stock market is off to a good start as investors begin the 2023 with renewed optimism. The main index rose 19.62 points or 0.30 percent to close at 6,586.01 as the Mining and Oil sector led the advance while Banks and Property firms lagged behind. Volume remained thin at 2.06 billion...
The government program that grants a P100,000 one-time cash gift to Filipinos who reached the age of 100 received a P76-million augmentation under this year's national budget. (Danie Franco/ Unsplash) Thus, said Makati City 2nd district Rep. Luis Campos Jr. on Monday, Jan. 2, a day after the...
WORD ALIVE Fr. Bel San Luis As we begin a brand-new year, let’s thank the Lord for the graces and blessings we’ve received. Some pessimist might say, “What’s there to thank when we’re going through hard times?” “Many are still recovering excruciatingly from the economic crisis of...
WORLD ALIVE Fr. Bel San Luis A businessman confides to his friend, “I’m a walking economy after the distressing Covid-19 pandemic.” “How come?” asks his friend. “My hairline is in recession; my stomach is in the state of inflation; both of these are putting me in depression!” “My...
Share prices declined before the long Christmas weekend as US markets weakened on continued worries over rates and recession. The main index shed 35.91 points or 0.55 percent to close at 6,541.03 Friday, Dec. 23, as Conglomerates led the retreat while the Industrial and Services sectors managed to...
Stocks bounce on bargain-hunting By JAMES A. LOYOLA The local equities market bounced after a series of losses as investors started to pick up cheaper stocks. The main index added 43.85 points or 0.68 percent to close at 6,458.12 with the Services sector leading the advance although Banks lagged...
The local stock market continued to drop on worries over a possible recession in the US. The main index lost 82.23 points or 1.27 percent to close at 6,414.27 with the retreat led by the Services sector, mainly due to PLDT’s plunge, with only the Property counter advancing. Volume jumped to 1.31...
WORD ALIVE Fr. Bel San Luis A husband once joked: “My favorite saint is St. Joseph. I can identify with him because I have no voice in my family. My wife is the ‘speaker of the house.’” The spotlight in this 4th Sunday of Advent is on St. Joseph, who was indeed a man of few words that’s...
The local stock market dropped further on growing fears that the US will go into recession. The main index fell 70.30 points or 1.07 percent to close at 6,496.50 as the Mining and Oil sector led the retreat with only the Industrial counter managing to hold its ground. Volume was stable at 558...
Argentina’s basketball legend Luis Scola has been named as the global ambassador for the FIBA 2023 World Cup which is set to be co-hosted by the Philippines along with Japan and Indonesia in August 2023. The world governing body for the sport made the announcement on Wednesday, Dec. 14, as the...
