Local share prices rose on the back of gains in US stocks due to rate cut hopes. The main index added 27.23 points or 0.42 percent to close at 6,556.66 as Conglomerates led the advance while Banks and Miners retreated. Volume rose to 767 million shares worth P6.74 billion as gainers upset losers 97...
The local stock market started the week on a positive note ahead of the release of several important economic data in the Philippines and the US. The main index added 36.68 points or 0.56 percent to close at 6,529.43, although half the sub-indices retreated. Volume rose to 447 million shares worth...
The Philippine Stock Exchange (PSE) edged lower as investors took profits before the bourse closed for the weekend. The PSE index shed 14.74 points or 0.23 percent to close at 6,492.75 with sectoral indices evenly divided. Volume decreased to 455 million shares worth P4.24 billion as losers...
The local stock market rose further as investors place their bets a day before the government announces the July inflation rate. The main index added 57.46 points or 0.89 percent to close at 6,507.49 as the Services and Financials sectors led the advance while Conglomerates lagged behind. Volume...
Local share prices jumped on news that the US Federal Reserve believes is seeing progress in efforts to control inflation. The main index rose by 91.07 points or 1.43 percent to close at 6,450.03, with Banks leading the charge while Miners still retreated. However, volume was still tepid at 263...
The local stock market dropped further as investors continued to wait for market-moving news, particularly those related to possible interest rate cuts, both here and in the US. The main index lost 39.81 points or 0.62 percent to close at 6,358.96 as Banks led the retreat. Volume improved but...
The local stock market saw some profit-taking as investors waited to take cues from the release of economic data this week. The main index shed 13.14 points or 0.20 percent to close at 6,398.77 as Conglomerates led the decline while Banks managed to stay in the green. Volume fell to 4-7 million...
Investors in the local stock market will be watching out for the release of June inflation numbers for cues this week although follow through buying may keep stocks buoyant after the Bangko Sentral’s statements gave sentiment a boost. “This week, investors are expected to watch out for the...
The local bourse closed the week on a positive note as investor sentiment got a boost from expectations of a local interest rate cut. The main index added 21.33 points or 0.33 percent to close at 6,411.91 as Conglomerates led the advance while banks and miners retreated. Volume improved to 1.16...
The local stock market continued to recover as investors turned hopeful that US inflation will be low enough to trigger a rate cut. The main index jumped 77.47 points or 1.23 percent to close at 6,390.58 as Banks led the rally. Volume remained low though at 508 million shares worth P4.52 billion as...
The local stock market inched up as investors continued to slowly pick up bargains. The main index added 14.06 points or 0.22 percent to close at 6,313.11 led by the advance of the Services sector while Conglomerates and Miners retreated. Volume improved to 323 million shares worth P4.91 billion as...
The Philippine Stock Exchange Index (PSEi) added to the previous day’s gains on the back of more bargain hunting and window dressing. The main index rose by 26.59 points or 0.42 percent to close at 6,299.05 as the Services sector led the advance while Conglomerates and Industrials retreated....
