The local stock market moved up as investors ignored higher than expected inflation data and focused on the lower jobless rate and the easing of quarantine restrictions. The main index rose 35.61 points or 0.52 percent to close at 6,912.71 although sectoral indices were evenly mixed with the...
The local stock market took a breather from its climb last week while cautious investors locked down gains prior to the announcement of the new quarantine classification. The main index shed 20.03 points or 0.29 percent to close at 6,877.10 although only the heavyweight Holding Firms and Services...
This week, stock market investors will be watching out for three key government announcements on the quarantine classification as well as the latest inflation and unemployment data. “The local bourse may take cues from the government’s decision regarding the quarantine classifications of the...
The local stock market ended the week higher on perception that the surge in new COVID cases seems to be easing. The PSEi added 62.47 points or 0.91 percent to close at 6,897.13 with blue chip Holding Firms leading the charge although thr Services and Mining and Oil counters declined. 30307 Volume...
The local stock market declined due to weaker factory output In August as a result of stricter lockdown measures. The main index dropped 69.5 points or 1.01 percent to close at 6,785.94 although the Financials and Mining and Oil counters managed to hold their ground even as the Property sector led...
The local stock market started the week lower but rose towards the end of the session as funds started window-dressing. The main index gained 68.82 points or 1.01 percent to close at 6,855.44 led by the blue-chip Industrial sector with only the Financials counter retreating. Volume surged to 2.92...
The local stock market is seen to be weighed down by the extension of quarantine measures in the national capital region as well as by rising COVID-19 cases while several issuances may affect market liquidity. “In general, the local market has shown bullish momentum in the past two weeks. The...
The local stock market ended lower as investors cashed out ahead of the long weekend. The main index declined by 33.91 points or 0.50 percent to close at 6,786.62 as the Property sector led the retreat while the Industrial and Financials sectors managed to advance. 28920 Volume was weaker at 1.62...
The local stock market ended flat as profit-taking offset the strong performance of the telecommunications sector. The main index shed 1.62 points or 0.02 percent to close at 6,820.53 with only the Services and Mining and Oil counters advancing. 28701 Volume rose to 2.48 billion shares worth P9.06...
The local stock market moved up further on the back of gains in US markets. The PSEi surged 143.33 points or 2.15 percent to close at 6,822.15 due to the strong performance of the Services sector with only the Mining and Oil counter retreating. 28480 Volume improved to 1.8 billion shares worth...
The stock market rose as investors picked up bargains following encouraging news from the US. The main index jumped 87.15 points or 1.32 percent to close at 6,678.82 as the Holding Firms and Industrial counters led gain across all sectors. 28220 Volume was lower though at 2.68 billion shares worth...
The local stock market started the week lower as investors fret over the rising COVID cases in the country. The main index lost 41.55 points or 0.63 percent to close at 6,592.67 with only the Industrial and Services counters advancing. 28023 Volume was steady at 1.94 billion shares worth P6.29...
