The local stock market rose further as investors digested a slew of corporate earnings reports while waiting for the Monetary Board’s policy meeting on Thursday. The main index rose by 54.52 percent or 0.82 percent to close at 6,704.96 as the Property sector led the advance across the board....
The PSEi recovered the previous day’s losses as investors anticipate a good result from the Monetary Board’s upcoming policy meeting. The main index rose by 37.08 points or 0.56 percent to close at 6,650.44 as the interest rate-sensitive Property sector led the advance while Banks and Miners...
The local stock market declined as investors took profits while waiting for major market moving news from overseas and the domestic front. The main index dropped 34.44 points or 0.52 percent to close at 6,613.36 as the Mining and Oil counter led the retreat while the Services sector managed to buck...
The local stock market surged on stronger volume as investors continued to cheer the strong growth of the country’s economy. The main index jumped 98.53 points or 1.50 percent to close at 6,647.80 as the Mining and Oil sector led the rally across the board. Volume rose to 857 million shares worth...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, reported that its wholly owned subsidiary FDC Utilities, Inc. (FDCUI) plans to triple its generating capacity from the current 411MW to 1,350MW by 2033. In a disclosure to the Philippine Stock Exchange (PSE),...
The local stock market inched up despite weakness in US bourses after the Philippines reported strong second quarter economic growth. The main index added 14.10 points or 0.22 percent to close at 6,549.27 although sectoral indices were evenly mixed. Volume declined to 748 million shares worth...
The local stock market rebounded with its regional peers following gains in US bourses. The main index jumped 101.93 points or 1.58 percent to close at 6,535.17 as the Property sector led the rally across the board. Volume dipped to 543 million shares worth P4.9 billion as gainers outnumbered...
The local stock market ended flat despite some early bargain-hunting after the announcement of the July inflation numbers. The main index shed 1.49 points, or 0.02 percent, to close at 6,433.24, with sectoral indices evenly split. Volume dipped to 419 million shares worth P5.12 billion. Losers...
VCDC’s Victor Consunji and Sta. Lucia Land’s Exequiel D. Robles Victor Consunji Development Corporation (VCDC), Philippines' premier real estate developer, redefines modern living with innovative home concept and the introduction of a new tagline and brand strategy, "Live Differently."...
The local stock market plunged with other regional bourses on growing fears of a US recession. The main index fell 170.57 points or 2.58 percent to 6,434.73 with the Industrial and Property sectors leading the retreat across the board. Volume rose to 638 million shares worth P5.64 billion as losers...
State-run Clark Development Corp. (CDC) announced that Taiwanese firm BB International Leisure and Resort Development Corp. (BBILRDC) is expanding its investments in Clark, Pampanga. In a statement, Agnes VST Devanadera, CDC president and chief executive officer, said that BBILRDC is injecting an...
Regional stocks, including local shares, fell as investors were spooked by fears of a recession in the US. The main index dropped 88.53 points or 1.32 percent to close at 6,605.30 led by the Services sector which weakened despite the hike in Globe’s stock price. Volume remained tepid at 514...
