The local stock market inched up to the 6,900 level although some investors have started profit-taking. The main index added 5.79 points or 0.08 percent to close at 6,903.15 with sectoral indices equally divided. Volume was stable at 529 million shares worth P4.92 billion as gainers outnumbered...
The Philippine Stock Exchange Index (PSEi) rose on the back of strong corporate earnings as well as hopes that the Bangko Sentral ng Pilipinas (BSP) will cut rates soon. The main index moved up 42.70 points or 0.62 points to close at 6,897.36 as the Property counter led with a strong recovery while...
The local stock market rebounded after two days of profit taking on renewed rate cut hopes. The main index rose by 56.05 points or 0.82 percent to close at 6,854.66 as the Services sector led the advance although the Industrial and Mining counters continued to retreat. Volume improved to 520...
The local stock market fell as investors continued to take profits made during the recent rally. The main index lost 74.62 points or 1.09 percent close at 6,798.61 as the Property counter led all sectors in the retreat. Volume was thin at 637 million shares worth P4.22 billion as losers whalloped...
The local stock market closed slightly lower as some investors locked in gains made during the week. The main index shed 8.92 points or 0.13 percent to close at 6,873.23 with sectoral indices evenly divided. Volume was low at 1.48 billion shares worth P4.58 billion as gainers edged out losers 85 to...
The local stock market moved up on the back of higher US equities while investors were optimistic about the result of the central bank’s Monetary Board policy meeting. The PSEi added 27.62 points or 0.40 percent to close at 6,882.15 as Industrials led the advance while the Property sector was the...
The local stock market ended slightly higher despite a weak start as investors wait for results of the Bangko Sentral ng Pilipinas (BSP) policy meeting. The main index added 26.61 points or 0.39 percent to close at 6,854.53 with the Industrial sector posting the highest gain while the...
The local stock market recovered the previous day’s loss as investor sentiment got a boost from the higher foreign direct investments data for November. The main index added 20.10 points or 0.30 percent to close at 6,872.92 as Industrials led the advance. Volume improved a bit to 557 million...
TOKAI Corporation of Japan is investing an additional P3.43 billion in publicly-listed renewable energy firm Repower Energy Development Corporation, a subsidiary of Pure Energy Holdings Corporation, to double its stake to 20.1 percent. In a statement, REDC said TOKAI Corporation is the consolidated...
Investors took profits from the local stock market after last week’s rally while waiting for a fresh batch of Philippine and US economic news. The main index dropped 42.34 points or 0.62 percent to close at 6,807.82 as the Property sector led the decline with only the Services counter...
The local stock market dropped from the day’s peak above the 6,900 level but still managed to end higher for the day. The main index added 20.12 points or 0.29 percent to close at 6,850.16 as Banks led the advance while the Mining counter led 3 sub-indices down. Volume was firm at 535 million...
The Gotianun Group’s investment holding firm Filinvest Development Corporation (FDC) has raised P10 billion from the oversubscribed first tranche of its P32 billion shelf-registered Peso-Denominated Fixed Rate Bonds. In the photo are the executives of Filinvest Development Corporation (FDC), led...
