The local stock market dropped on more profit-taking as investors wait for developments here and from overseas. The main index fell 72.42 points or 1.00 percent to close at 7,157.73 as the Property and Mining and Oil counters fell with only the Services sector rising. 42016 Volume was slightly...
The PSEi dipped on foreign selling of some index heavyweights as funds were moved to the US. The main index declined 21.95 points or 0.30 points to close at 7,239.15 although sectoral indices were evenly mixed with Holding Firms leading the retreat while the Industrial counter posted the highest...
The local stock market bounced back on late bargain hunting as investors wait for more news. The main index gained 40.56 points or 0.56 percent to close at 7,252.10 as the Services and Industrial counters led the advance while the Property sector was the sole decliner. PSE_NEW Volume improved but...
The local stock market started the weak on a sour note as share prices dropped on concerns over US corporate earnings and inflation. The main index fell 78.07 points or 1.07 percent to close at 7,211.54 as Property and Holding Firms led the retreat while Banks and Services counters held their...
While the PSEi retreated right after breaching the 7,300 level, the market is seen to try to push it back again if it gets encouraging news from initial corporate earnings results as well as from the new COVID cases reports. “While the local market had a good run this past trading week, it was...
The local stock market took a breather from its rally that started last week as some investors cashed out for the weekend. The main index shed 22.11 points or 0.30 percent to close at 7,289.61 with the Industrial sector leading the retreat although the Financials and Services counters managed to...
The PSEi continued to rally and has breached 7,300 level, as stocks were buoyed by positive developments locally and in the US. The main index gained 14.64 points or 0.20 percent to close at 7,311.72 although sectoral indices were evenly mixed with the Mining and Oil and Holding Firms counters...
The local stock market posted more gains as investors grow more optimistic with the coming earnings season and dropping COVID-19 csses. The PSEi added 30.77 points or 0.42 percent to close at 7,297.08 as Holding Firms led gainers although the Mining and Oil and Financials counters saw some...
The local stock market continued to rise as world oil prices eased while local COVID cases declined further. The PSEi hiked 46.50 points or 0.64 percent to close at 7,266.31 although only the Holding Firms and Industrial counters advanced while the Mining and Oil sector led decliners. 39847 Volume...
The local stock market is seen to be cautiously optimistic this week as it builds up strength above the 7,000 level for its fourth quarter run although inflationary factors may put at damper on sentiment. “Next week, the local market could move sideways. The brightening economic prospects brought...
The local stock market ended the week on a positive note on the back of gains in US bourses. The main index rose 30.35 points or 0.42 percent to close at 7,213.46 as the Mining and Oil counter led the advance while the Holding Firms sector was the only one in the red. Volume was firm at 1.22...
Local shares prices jumped after the government eased quarantine restrictions by a notch as the number of new COVID cases declined. The main index gained 114.19 points or 1.62 percent to close at 7,183.11 as Holding Firms and Property stocks led the advance across the board. PSE_NEW Volume improved...
