The local stock market fell Thursday, (February 18) as investors are jittery over developments here and overseas. The PSEi lost 116.79 points or 1.68 percent to close at 6,849.64 although the Financials and Mining and Oil counters advanced. Volume dropped to 16.62 billion shares worth...
The local stock market bounced back to the 7,000 level as global stocks rallied. The PSEi hiked 84.85 points or 1.22 percent to close at 7.044.06 as sub-indices rose across the board. A hefty 21.86 billion shares worth P18.16 billion changed hands as gainers beat losers 122 to 89 with 54...
The 414-megawatt San Gabriel gas-fired power plant of First Gen Corporation has been synchronized back to the grid this week, following a five-month shutdown due to the technical glitch it suffered from since five months ago. In a disclosure to the Philippine Stock Exchange (PSE), the Lopez firm...
The stock market weakened as investors continued to pocket gains while waiting for more cues to buy up stocks. Photo credit: https://www.pse.com.ph The main index dropped 31.8 points or 0.45 percent to close at 6,959.21 with only the Financials and Mining and Oil counters holding their...
The local stock market fell as investors turned less bullish on the eve of the new year of the Ox. The main index dropped 91.14 points or 1.29 percent to close at 6,991.01 with only the Financials and Mining & Oil counters holding their ground. Volume climbed to 22.92 billion shares worth...
The Philippine stock market gained a little more ground as investors are cautiously becoming more optimistic because of developments here and overseas. PSE file photo The benchmark PSEi moved up 16.60 points or 0.24 percent to close at 7,082.15 although the Financials and Industrial counters...
The Philippine Stock Exchange, Inc. (PSE) is adding newly-listed firms in its sector indices while the main PSE index (PSEi) will see no changes in its composition. In a statement, the bourse said these changes are based on the regular stock performance review for the January to December 2020...
The local stock market chalked up some gains as losers investors were encouraged by a new US stimulus package and the arrival of vaccines in the Philippines. The main index rose 41.07 points or 0.59 percent to close at 7,065.55 with sectoral indices evenly mixed. Volume improved to 30.44 billion...
The PSEi managed to wipe out early losses to end in positive territory as investors were quick to buy back shares. The main index inched up by 5.30 points or 0.08 percent to close at 7,024.48 with only the Property and Holding Firms counters retreating. Volume improved to 29.55 billion shares worth...
The local stock market ended the week on a high note despite the inflation rate rising faster than expected. The main index jumped 115.43 points or 1.67 percent to close at 7,019.18 as share prices rose across the board led by the Property sector. Photo credit: PSE Information Desk However, volume...
AC Energy Corporation (ACEN), the energy investment platform of the Ayala group, is queuing up to 2.0 billion primary shares for its follow-on offering (FOO) that shall be priced at P6.00 to P8.20 per share. The company said its FOO had already been green-lighted by its Executive Committee, upon...
The Philippine Stock Exchange Index (PSEi) moved up as investors started buying again on improving sentiment. PSE file photo The main index gained 44.29 points or 0.65 percent to close at 6,903.75 with only the Industrial and Services counters declining. Volume was a little higher at 36.2 billion...