The local stock market increased amid strong trading as investors adjusted their portfolios while waiting for more economic indicators. The main index added 5.99 points or 0.09 percent to close at 6,897.54, with sectoral indices split evenly. Volume shot up to 1.74 billion shares worth P13.3...
Local share prices weakened as investors take profits after the index failed to hold above the 7,000 resistance level. The main index lost 66.46 points or 0.96 percent to close at 6,891.55 as Conglomerates led the retreat although the Property and Mining counters stayed in the green. Volume was...
The local stock market initially rose on the back of strong US equities but dipped after failing to hold its ground above the 7,000 level. The main index shed 15.4 points, or 0.22 percent, to close at 6,958.01, with sectoral indices equally split. Volume was weaker at 1.27 billion shares worth...
The local stock market ended with a marginal gain after failing to breach the 7,000 resistance level. The main index added 11.45 points or 0.16 percent to close at 6,973.41 although only the Property and Mining counters managed to advance. A total of 831 million shares worth P6.8 billion changed...
The local stock market recovered the previous day’s loss and resumed climbing as investors hope for signs of a September cut by the US Federal Reserve. The main index added 61.34 points or 0.89 percent to close at 6,961.96 as Banks surged while the Property and Mining counters were in the...
The local stock market finally took a breather from its strong rally while investors wait for cues from the US Federal Reserve. The main index dropped 44.14 points or 0.64 percent to close at 6,900.62 with the Property sector leading the retreat while Industrials managed to advance. Volume...
The PSEi continues to rally and is moving closer to the 7,000 level as investor sentiment continues to be buoyed by last week’s positive developments. The main index hiked by 54.89 points or 0.80 percent to close at 6,944.76 although sectoral indices were evenly divided due to late...
The local stock market rose further on follow-through buying after last week’s cut in a key policy rate. The main index rose by 42.50 points or 0.62 percent to close at 6,889.87 led by the interest-rate sensitive Property sector although Industrials and Conglomerates declined on profit-taking....
The Board of Investments (BOI) vowed to enhance awareness of incentives for Energy Efficiency and Conservation (EE&C) projects to motivate companies to transition to renewable energy (RE). In a recent roadshow at the Clark Freeport Zone in Pampanga, the BOI presented new guidelines for...
FDC Green Energy Corporation, a subsidiary of FDC Utilities, Inc. (FDCUI) of Gotianun-led Filinvest Development Corp., is poised to advance to construction phase its 20.75-megawatt solar farm project following groundbreaking rites at its PHIVIDEC Industrial Estate project site in Misamis Oriental ....
The local stock benchmark surged past the 6,800 level after the Bangko Sentral finally cut the key policy rate after months of market speculation. The main index leaped by 165.53 points or 2.47 percent to close at 6,858.44 as the Services sector led the rally across the board. A total of 629...
Filinvest Development Corporation’s (FDC), the Gotianun family’s investment holding company, registered a 41 percent jump in attributable net income to P5.5 billion in the first half of 2024 from P3.9 billion in the same period last year. In a disclosure to the Philippine Stock Exchange,...
