The local stock market fell as investors continued selling after news of the presence of local cases of the COVID-19 Delta variant. The main index dropped 106.63 points or 1.59 percent to close at 6,587.20 as the Property sector led in the retreat across the board. Volume improved to 2.11 billion...
The local stock market dropped on late selling on news of the local transmission of COVID-19 Delta variant towards the end of the session. The main index shed 34.10 points or 0.51 percent to close at 6,693.83 as the Mining and Oil counter plunged while the Services sector was the only index to hold...
The local stock market fell again after a brief respite the previous trading day. The PSEi dropped 107.48 points or 1.57 percent to close at 6,727.93 as Holding Firm led the retreat while Mining and Oil was the only sector that managed to advance. Volume remained low at 982.45 million shares worth...
The local stock market recovered some of the previous day’s losses after some major investors picked up bargains. PH STOCKS The main index rose 40.28 points or 0.59 percent to close at 6,835.41 as Holding Firms led the bounce while the Property and Services counters continued to retreat. Volume...
The local stock market fell after the outlook for the country’s credit rating was downgraded by Fitch Ratings. The PSEi lost 118.74 points or 1.72 percent to close at 6,795.13 as the Property and Holding Firms sectors led the retreat across the board. Volume was higher but still thin at 1.89...
The local stock market bounced off last week’s losses on bargain-hunting spurred by upbeat US bourses. PH STOCKS The main index rose 78.95 points or 1.15 percent to close at 6,913.87 as the Services and Mining and Oil counters led the advance across the board. Volume remained tepid though with...
The local stock market ended the week in a low note, giving way to corrective pressures on concern over the threat posed by the COVID -19 Delta variant to the global economy. PH STOCKS The main index fell 90.07 points or 1.30 percent to close at 6,834.92 after trading much lower intraday. Holding...
The local stock market declined for the third day due to absence of market-moving news. The PSEi dipped 18.01 points or 0.26 percent to close at 6,924.99 with only the Services and Mining and Oil counters advancing. PH STOCKS Volume remained thin at 1.36 billion shares worth P5.04 billion as losers...
The local stock market continued to lose ground after failing to stay above the 7,000 level. The PSEi shed 49.43 points or 0.71 percent to close at 6,943.00 as share prices fell across the board with the Services counter leading the retreat. PH STOCKS Volume was anemic at 1.7 billion shares worth...
The local stock market weakened despite the announcement of a lower inflation rate as investors opted to sell on news. PH STOCKS The main index dropped 43.95 points or 0.62 percent to close at 6,992.43 with the Property sector registering the biggest decline while the Services counter was the only...
Local share prices rose, as they continue to ride on a wave of growing optimism among investors. The PSEi added 34.12 points or 0.49 percent to close at 7,036.38 as the Industrial and Property indices led the advance with only the Financials counter retreating. However, volume dropped to 1.79...
Stock market investors will be watching out for the June inflation figure to be released this week while becoming more optimistic as COVID-19 starts to ease and the vaccination drive gains momentum with the arrival of vaccines ordered by the private sector. “The improving COVID-19 situation in...
