The local stock market dropped with Wall Street and as investors worry over the impact of the typhoon. The PSEi lost 45.5 points or 0.61 percent to close at 7,367.66 as the Services sector led the retreat while Miners and Conglomerates advanced. Volume declined to 1.2 billion shares worth...
The local stock market continues to move sideways as investors wait for third quarter earnings reports. The main index eked out a gain of 6.53 points or 0.09 percent to close at 7,413.16 as Services and Industrials advanced, but more sectors were in the red. Volume improved to 916 million shares...
The local stock market dipped on thin trading as investors wait for fresh corporate earnings reports to come out. The main index shed 9.1 points or 0.12 percent to close at 7,406.63 with sectoral indices evenly mixed. Volume was weak at 638 million shares worth P3.3 billion as losers outnumbered...
The local stock market ended the last trading day of the week with a slight uptick with investors looking forward to the start of the season for the release of third quarter earnings reports. The main index added 15.40 points or 0.21 percent to close at 7,415.73 with Miners leading the advance...
Local share prices dropped in afternoon trading as investors turn cautious amid global uncertainties after rising in the morning session due to the rate cut. The main index lost 36.67 points or 0.49 percent to settle at 7,400.33 as Conglomerates led the retreat while Banks managed to advance....
In an exciting move early this year, Victor Consunji Development Corp. (VCDC) successfully acquired 80,290 square meters of prime land from one of the country’s leading developers, Sta. Lucia Land. The acquisition forms part of Sta. Lucia's latest premium offering, Acropolis Loyola, located in...
Ayala Corporation chairman Jaime Augusto Zobel de Ayala, Ayala Land president and CEO Meean Dy, Department of Transportation Undersecretary Andy Ortega, Calamba City Mayor Ross Rizal, Department of Public Works and Highways Director Pelita V. Galvez, Toll Regulatory Board Executive Director Atty....
The local stock market surged on expectations of another rate cut by the Monetary Board later this week. The main index rallied by 129.90 points or 1.77 percent to close at 7,456.31 as the Property sector led the charge although Miners declined due to lower gold prices. Volume was higher at 553...
The PSEi inched up on some bargain-hunting after last week’s correction and as investors wait for market moving news to be released later this week. The main index added 16.09 points or 0.22 percent to close at 7,326.41 as Miners led the advance with only the Services counter in the red. Volume...
The local stock market fell as investors worry about the possible impact of the higher-than-expected US inflation rate might have on interest rate cuts. The main index dropped 101.15 points or 1.36 percent to close at 7,310.32 with the interest rate-sensitive Property sector suffering the biggest...
Tensions in the Middle East are threatening to stop the stock market bull in its tracks, although the low September inflation may continue to boost investor sentiment as it may lead to lower interest rates and higher consumer spending. Philstocks Financial Research Manager Japhet Tantiangco said...
The PSEi saw its gains peter out in late trades as investors exercise caution amid growing tensions in the Middle East. The main index shed 13.89 points or 0.19 percent to close at 7,388.92 with sectoral indices equally split. Volume rose to 1.01 billion shares worth P7.38 billion as gainers beat...
