Local stocks fell in tandem with other bourses in the region which were, in turn, weighed down by the performance of US exchanges. The main index dropped 82.42 points or 1.12 percent to close at 7,261.54aa the Property sector led the retre although the Industrial and Ming and Oil counters managed...
The Philippine Stock Exchange Index (PSEi) bounced back as investors picked up bargains on news that COVID-19 cases in the National Capital Region seems to be easing. The PSEi rose 120.13 points or 1.66 percent to close at 7,343.96 led by the Holding Firms and Services sectors with only the Mining...
The local stock market ended lower on the lack of good news even as local COVID cases continue to rise to record levels. The main index dropped 37.51 points or 0.52 percent to close at 7,223.83 as Banks led the retreat although the Mining and Oil counter posted strong gains. Volume was still low at...
The local stock market is seen to remain volatile this week despite growing optimism over the recovery of the country’s economy amid the surge in COVID cases fueled by the Omicron variant. “Next week, we may see selling pressures take over the market following its 3.57 percent rally last week....
The local stock market dipped as investors cashed out for the weekend after the sharp gains made in the last 2 days. The main index shed 17.72 points or 0.24 percent to close at 7,290.03 as sectoral indices were evenly mixed with Banks leading the retreat while the Mining and Oil counter led...
Stocks gains more ground The local stock market continued to rise on belief that the Omicron variant may not derail economic recovery. The main index jumped 92.62 points or 1.28 percent to close at 7,307.75 with the Mining and Oil counter leasing the advance. However, volume dropped to 1.2 billion...
The local stock market jumped on positive news here and abroad. The main index rose 129.44 points or 1.83 percent to close at 7,215.13 as the Property and Mining and Oil counters led gains across the board. Volume was lower though at 854 million shares worth P5.95 billion as gainers swamped losers...
The Philippine Stock Exchange announced that it will be reverting to shortened trading hours starting Friday, Jan. 14, 2022, “in view of the surge in COVID-19 cases caused by the Omicron variant.” In a circular, PSE President Ramon S. Monzon said the bourse will have shortened trading hours...
The local stock market pulled back after the previous session’s spike as COVID cases continue to mount. PSEI-NEW-PHOTO-1024x683 The main index dropped 54.98 points or 0.77 percent to close at 7,085.69 as the Mining and Oil counter led the retreat across the board. Volume improved to 878 million...
The local stock market started the week on a positive note on bargain hunting spurred by better jobs data. The main index surged 129.56 points or 1.85 percent to close at 7,140.67 as the Property and Financials sectors led the rally across the board. Volume was still low though at 745 million...
The local stock market is seen to continue to be plagued by the rapidly rising cases of COVID-19 in the country and concern that it will again lead to the highest lockdown level. COVID-19 virus “A continuation of this (rising) trend is expected to further escalate worries over the possibility of...
The local stock market fell as investors fret over rising COVID-19 cases and as more areas are put under more stringent quarantine measures. PSEI-NEW-PHOTO-1024x683 The main index dropped 74.41 points or 1.05 percent to close at 7,011.11 as the Property sector led the retreat across the board....
