The PSEi failed to hold above the key 7,000 level as stocks succumbed to profit-taking after rising in the first three days of the week. The main index fell 106.15 points or 1.5 percent to close at 6,951.30 with the Services counter suffering the biggest loss while the Financials sector was the...
The PSEi breached the 7,000 resistance level as share prices rode on optimism from gains in US bourses as well as the declining COVID numbers in the Philippines. The main index rose 78.27 points or 1.12 percent to close at 7,059.51 as the Services sector continued to lead the charge across the...
The local stock market managed to recover from early losses after the announcement of a lower-than-expected inflation rate for September. The main index rose 20.35 points or 0.29 percent to close at 6,981.24 as the Services sector led the advance although the Financials and Property counters...
The local stock market kicked off the week on a positive note although volume was thinner. The main index rose 37.29 points or 0.54 percent to close at 6,960.89 with the Mining and Oil counter leading the advance while the Industrial sector was the only one in the red. 36569 Volume dropped to 861.4...
The local stock market will be looking out for the release of September’s inflation rate, the impact of rising oil prices on goods and services, as well as the filing of candidacies for next year’s national elections. “Next week, the local market’s movement could depend on our COVID-19...
The Philippine benchmark index declined, weighed down by the weakness in US markets. The main index dipped 29.28 points or 0.42 percent to close at 6,923.60 although only the Holding Firms and Property counters were in the red whole the Mining and Oil sector led gainers. 36063 Volume surged to 2.32...
The local stock market posted a small gain amid quarter-end window dressing. The main index gained 18.77 points or 0.27 percent to close at 6,952.88 as the Industrial and Mining and Oil counters leading the advance while Banks and Property firms retreated. 35771 Volume continued to be strong at...
The local stock market resumed its climb after seeing a slight correction the previous day. The main index rose 48.75 points or 0.71 percent to close at 6,934.11 although sectoral indices were evenly mixed with heavyweight Holding Firms leading the advance while the Industrial counter suffered the...
The local stock market started the week flat, supported by the gains of the Services sector. The main index inched up by 4.73 points or 0.07 percent to close at 6,956.26 as the Services sector’s advanve offset the retreat staged by the Mining and Oil, Financials, and Property counters. 35046...
The local stock market is seen to be cautiously optimistic this week although it is still uncertain if it will have enough steam to breach, and stay above, the 7,000 resistance level. “The local market may still take cues from our COVID-19 situation. Last week, our case counts have averaged...
The Philippine Stock Exchange index ended the week on a positive note as share prices continued to be buoyed by gains in the US. 34595 The main index added 36.25 points or 0.52 percent on Friday, Sept. 24, to close at 6,952.53 with the Property sector leading the charge while the Holding Firms...
The Philippine Stock Exchange index gained for the third day on the back of stronger US stocks and the decline in new COVID cases in the country. The main index advanced 24.55 points or 0.36 percent to close at 6,915.28 on Thursday, Sept. 23, as the Industrial sector led the advance while the...
