The local stock market is seen to remain weak, weighed down by recent bad news, although investors are seen to look for more cues from the release of more economic data as well as from the Bangko Sentral ng Pilipinas meeting on rates this week. Traders work beneath an electronic ticker at the...
The local stock market ended the week slightly lower yesterday as investors continue to shy away. The Philippine Stock Exchange index (PSEi) shed 7.14 points, or 0.12 percent, to close at 5,838.66 with sectoral indices evenly mixed. Volume fell to 1.41 billion shares worth ₱3.66 billion as...
Ayala-owned AC Energy Philippines Inc. (ACEN) will be investing P250 million in its subsidiary firm Buendia Christiana Holdings Corporation (BCHC) via shares subscription arrangement. The company disclosed to the Philippine Stock Exchange (PSE) that it already signed a subscription agreement with...
The local stock market was flat again Wednesday as investors lack reason to aggressively buy or sell stocks amid so much uncertainty. The Philippine Stock Exchange index (PSEi) shed 1.56 points ,or 0.03 percent, to end at 5,892.72 with only the Industrial and Holding Firms counters in the...
The local stock market declined on Tuesday despite some late bargain hunting. The Philippine Stock Exchange idex (PSEi) dropped 15.04 points, or 0.26 percent, to 5,894.28 with only the Holding Firms and Services sectors steady. Volume remained low at 4.4 billion shares worth ₱4.63 billion as...
The local stock market managed to end flat Monday even though most stocks issues were lower as some large caps offset these losses. The Philippine Stock Exchange index (PSEi) eked out a gain of 0.42 point to close at 5,909.32 with only the Property sector in the green. Volume weakened to 2.13...
The local stock market ended the last trading day of the week lower as investors continue to lock in gains. The PSEi shed 34.62 points or 0.58 percent to close at 5,908.90 with sectoral indices evenly mixed. Volume rose to 767 million shares worth P7.64 billion with gainers and losers tied at 94...
The local stock market edged lower on Thursday as investors remained cautious amid the pandemic. The Philippine Stock Exchange index (PSEi) finished 30.45 points, or 0.51 percent, lower to close at 5,902.39 with sectoral indices evenly mixed. Volume improved further to 770 million shares worth...
Local share prices fell after a two-day rally on Wednesday after the testing of a COVID-19 vaccine seems to have hit a snag. The Philippine Stock Exchange index (PSEi) lost 101.19 points, or 1.68 percent, to close at 5,932.84 as share prices dropped across the board. Volume was slightly higher at...
