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 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 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...
The local stock market recovered the previous losses as it continues to move sideways due to a lack of fresh leads. The main index rose 18.69 points or 0.27 percent to close at 6,956.65 as Banks led the advance with only the Property and Industrial counters retreating. Volume remained thin with...
The local stock market ended mixed with the PSEi down while more shares traded higher as investors wait for the release of economic data due this week. The main index shed 12.55 points or 0.18 percent to close at 6,937.96 as the Mining and Oil counter led advancers while Banks weighed down the...
The local stock market rose as it continues to gather strength from gains in US bourses. PH STOCKS The main index was 48 points or 0.70 percent higher at 6,918.41 as sectoral indices moved higher across the board. The Property counter recovered and led the day’s advance. Volume improved slightly...
The local stock market started the week lower after US bourses drop on concern that interest rates will soon go up. The main index dropped 24.21 points or 0.35 percent to close at 6,827.17 with Holding Firms leading the retreat while only the Property sector managed buck the trend. Volume fell to...
The local stock market fell after investors lacked conviction to take it above the 7,000 level. The main index lost 85.43 points or 1.23 percent to close at 6,887.92 as share prices fell across the board led by the 2.56 percent drop of the Property counter. Volume jumped to 3.29 billion shares...
