The local stock market rose on encouraging news on peace talks between Russia and Ukraine which led to a decline in oil prices. The main index added 51.93 points or 0.73 percent to close at 7,167.02 as the Services sector led the advance of all sub indices. Volume improved but was still low at 719...
The local stock market dipped as investors remain cautious prior to the release of various economic data in the US and locally. The main index shed 19.27 points or 0.27 percent to close at 7,115.09 with the Mining and Oil counter leading the retreat while Banks and Industrials managed to advance....
The local stock market was again saved by last-minute buying to close higher after early losses. The main index inched up by 9.52 points or 0.13 percent to close at 7,134.36 although only the Industrial and Holding Firms sectors managed to advance while the rest retreated. Volume was low at 768...
Analysts are cautiously optimistic about prospects at the local stock market given the resilience showed by the PSEi last week although risks posed by global supply disruptions and inflation remain. Last trading week, the local market managed to close still at its 7,000 - 7,100 support range. Also,...
The local stock market firmed up on optimism over the government’s new agenda to boost the economy. The main index rose 73.18 points or 1.04 percent to close at 7,082.61 as the Mining and Oil counter surged while Banks and the Property sector retreated. Volume improved to 15 billion shares worth...
The PSEi managed to end flat on low volume as investors pushed the benchmark back to the green towards the end of the session. The main index eked out a fractional gain of 0.49 of a point or 0.01 percent to close at 7,009.43 with sectoral indices evenly mixed. Volume dropped to 1.4 billion shares...
The local stock market recovered from the previous day’s losses as investors picked up bargains late in the session. The PSEi rose 52.34 points or 0.75 percent to close at 7,008.94 as Banks led the advance while the Industrial and Mining and Oil counters lagged behind. Volume weakened to 1.11...
The local stock market closed below the 7,000 level despite early gains as investors noted the rise in oil prices. The main index dropped 50.03 points or 0.73 percent to settle at 6,956.60 as the Mining and Oil counter led the retreat while the Services sector managed to advance. Volume was weaker...
The local stock market is seen to remain volatile this week due to the ongoing invasion of Ukraine by Russia and its impact on oil prices and inflation. “We may still see a turbulent week ahead for the local market amid the lingering uncertainties on the Russia - Ukraine conflict,” said...
Share prices gave up the previous day’s gains to end the week lower as investors were quick to take profit amid uncertainties in Europe. The main index fell by 114.82 points or 1.61 percent to close at 7,007.63 on Friday, March 18, as Banks led the retreat while only the Mining and Oil counter...
The local stock market managed to recover from early losses to push the Philippine Stock Exchange index (PSEi) into positive territory at the close of the day’s trading. The main index inched up 6.53 points or 0.09 percent to close at 7,026.45 on Wednesday, March 16, with the Mining and Oil...
The local stock market recovered some of the previous day’s losses and returned above the 7,000 level as investors found prices of heavyweights too low to resist. The main index jumped 202.97 points or 2.98 percent to close at 7,019.92 with the Property and Banking sectors leading the advance...
