The local stock market continued to decline due to growing uncertainties in both the global and domestic fronts. The PSEi dropped 36.76 points or 0.54 percent to close at 6,827.06 led by the retreat of the Services sector although Miners and Banks advanced. Volume was weak at 510 million shares...
The local stock market fell following renewed concern over US interest rates. The main index plunged 96.61 points or 1.39 percent to close at 6,863.82 as the Property sector led the retreat. Volume also dropped to 701 million shares worth P4.29 billion as losers outnumbered gainers 119 to 71 with...
The local stock market ended lower on late profit-taking after a strong opening that sent the Philippine Stock Exchange Index (PSEi) above the 7,000 level. The main index lost 19.38 points or 0.28 percent to close at 6,960.43 led by losses of Banks although sectoral indices were evenly split....
The local stock market kicked off the first trading day of the second quarter with a substantial hike following strong economic data from China and the US. The main index jumped by 76.28 points or 1.10 percent to close at 6,979.81 as Conglomerates led the advance while the Industrial sector lagged...
Investors in the local stock market will be looking forward to the release of the March inflation numbers this week to see if there will be further delays in the central bank's policy rate cuts. “For the first week of April, investors are expected to look towards upcoming economic data for clues....
The local stock market recovered some lost ground as investors started picking up cheaper stocks. The main index rose 45.07 points or 0.66 percent to close at 6,898.17 led by the advance of the Services sector while Banks and Miners lagged behind. Volume improved to 699 million shares worth P7.62...
The local stock market declined as investors wait for fresh cues from the US. The main index dropped 28.87 points or 0.42 percent to close at 6,853.10 as Banks led the retreat with only Conglomerates holding on to gains. A total of 553 million shares worth P5.48 billion were traded as losers beat...
The local stock market is seen moving sideways as it benefits from quarter-end window dressing and some bargain hunting although cautious investors may opt to hold on to cash ahead of the long Easter weekend. “At 6,881.97, the local market is still at attractive levels with a price-to-earnings...
The local stock market pulled back from the previous day’s spike as investors cashed out ahead of the weekend marking the start of the Holy Week when many are expected to go on vacations. The Philippine Stock Exchange Index (PSEi) fell 82.25 points or 1.17 percent to close at 6,881.97 as the...
The local stock market jumped after the US Federal Reserve assured that its rate cut plans are unchanged. The main index rose 106.45 points or 1.55 percent to close at 6,963.22 as the Services sector led the advance across the board. Volume declined to 977 million shares worth P6.34 billion as...
The local stock market inched up as investors continued to wait for the results of the US Federal Reserve meeting. The main index added 8.34 points or 0.12 percent to close at 6,856.77 as sectoral indices were evenly divided with the Services counter chalking the biggest gain. Volume rose to 786...
The local stock market dipped slightly as investors turned cautious ahead of the release of US economic data. The main index shed 4.86 points or 0.07 percent to close at 6,848.43 as Miners led the decline while Banks and Property firms advanced. Volume was firm at 897 million shares worth P5.79...