The local stock market dropped on concern that the US Federal Reserve will keep rates high as inflation remains elevated. The main index lost 48.27 points or 0.73 percent to close at 6,566.80 as the Services sector led all counters in the retreat. A total of 2.06 billion shares worth P7.27 billion...
The local stock market moved up after news that US inflation slowed down in November, boosting hopes of less aggressive interest rate hikes. The main index added 32.69 points or 0.50 percent to close at 6,615.07 as Conglomerates led the advance but the Property counter stayed in the red. Volume...
The PSEi lost most of its early gains but managed to remain in the green at the end of trading. The main index ibched ip 5.08 points or 0.08 percent to close at 6,585.20 mainly on the strength of Banks as the Services and Property counters retreated. Volume was lower at 570 million shares worth...
WORD ALIVE FR. BEL SAN LUIS, SVD In a class on homiletics (preaching), the professor emphasized the importance of making the facial expression harmonize with the homily. “When you speak of heaven,” he said, “let your face light up with a heavenly gleam; let your eyes shine with glory. But...
The local stock market bounced from last Wednesday’s drop on more optimism over the US and Chinese economies. The main index rose 54.96 points or 0.84 percent to close at 6,580.12 as the Services sector led at advance while Banks and Industrials retreated. Volume remained steady at 516 million...
A business leader believes that President Ferdinand "Bongbong" Marcos Jr.'s push to open the economy and create jobs pushed the country's employment rate to pick up. (Photo by Ali Vicoy) Employers Confederation of the Philippines (ECOP) President Sergio Ortiz-Luis Jr. said this after noting that...
Local share prices fell after the previous day’s spike after weakness i US markets prompted investors to take profits. The main index lost 149.22 points or 2.24 percent to close at 6,525.16 as the Property sector led the retreat although the Services and Mining and Oil counters managed to stay...
The local stock market ignored the high November inflation rate amd surged on positive news overseas. The main index jumped 232.25 points or 3.61 percent to close at 6,674.38 as Conglomerates led the rally. Volume improved to 582 million shares worth P6.04 billion as gainers beat losers 100 to 81...
The local stock market lost early gains to end lower as investors opted to take profits late in the session. The main index lost 47.52 points or 0.73 percent to close at 6,442.13 as the Services sector led the retreat although the Industrial and Property counters remained in the green. Volume eased...
WORD ALIVE FR. BEL SAN LUIS, SVD Some years ago when I was assigned at the Divine Word College of Legazpi, Albay, I visited an elderly SVD confrere who was a director of our high school in Sorsogon. One afternoon we were invited to a sumptuous lunch. As we sat in one corner busy, doing justice to...
The local stock market plunged as the weakness in the US and regional bourses prompted investors to continue to take profits. The main index fell 245.34 points or 3.64 percent to 6,489.65 points as Conglomerates led the retraction in share prices. Volume also declined to 874 million shares worth...
Christmas is in the air in Makati as the city government ushered in the yuletide season with the ceremonial lighting of its Christmas tree and lights on Thursday, Dec, 1. The lighting ceremony was led by Makati City Rep. Luis Campos, and other city government officials and employees in front of the...
