The local stock market bounced back to the 7,000 level as global stocks rallied. The PSEi hiked 84.85 points or 1.22 percent to close at 7.044.06 as sub-indices rose across the board. A hefty 21.86 billion shares worth P18.16 billion changed hands as gainers beat losers 122 to 89 with 54...
The stock market weakened as investors continued to pocket gains while waiting for more cues to buy up stocks. Photo credit: https://www.pse.com.ph The main index dropped 31.8 points or 0.45 percent to close at 6,959.21 with only the Financials and Mining and Oil counters holding their...
The local stock market fell as investors turned less bullish on the eve of the new year of the Ox. The main index dropped 91.14 points or 1.29 percent to close at 6,991.01 with only the Financials and Mining & Oil counters holding their ground. Volume climbed to 22.92 billion shares worth...
The local stock market ended the week on a high note despite the inflation rate rising faster than expected. The main index jumped 115.43 points or 1.67 percent to close at 7,019.18 as share prices rose across the board led by the Property sector. Photo credit: PSE Information Desk However, volume...
The Philippine Stock Exchange Index (PSEi) moved up as investors started buying again on improving sentiment. PSE file photo The main index gained 44.29 points or 0.65 percent to close at 6,903.75 with only the Industrial and Services counters declining. Volume was a little higher at 36.2 billion...
The local stock market made a strong bounce to recover most of Friday’s losses as investors moved in to buy cheaper shares amid positive news on vaccines and the economy. The main index surged 202.14 points or 3.06 percent to close at 6,814.76 as the Property sector led gains across the board....
The local stock market fell again ahead of the release of GDP figures on Thursday while investors grow increasingly worried over the new strain of the coronavirus. The PSEi lost 113.55 points or 1.63 percent to close at 6,863.61 with only the Mining and Oil counter advancing. Volume was lower with...
The Philippine stock market fell as foreign funds continue to flow out. The main index dropped 94.46 points or 1.32 percent to close at 7,045.83 with only the Industrial and Mining & Oil counters advancing. Volume dipped to 135 billion shares worth P11.39 billion with loaers edging out gainers...
The local stock market managed to recover from early losses to end almost flat as foreign funds moved out. The main index shed 3.01 points or 0.04 percent to close at 7,140.29 with only the Property and Financials counters in the green. PSE file photo Volume was slightly lower at 102.66...
The local stock exchanged continued to suffer from profit-taking Monday as investors wait for more cues to buy shares. The Philippine Stock Exchange index (PSEi) dropped 35.02 points, or 0.48 percent, to close at 7,203.44 with only the Industrial counter managing to hold its ground. PSE file photo...
The local stock market is seen to be weighed down by concern over the impact of the new COVID-19 strain although this may be counterbalanced by excess cash in the system as well as developments overseas. “Next week, we may see sideways movement from the local market with a downward bias. Pandemic...
The local stock market ended the week lower as investor sentiment was dampened by weak economic data reported in the US and Philippines. The PSEi lost 34.69 points or 0.48 percent to close at 7,238.46 although the Services and Mining and Oil counters posted gains. Volume was higher at 147.24...
