The local stock market closed higher after a weak start as investors started picking up bargains before the week ended. The main index rose 54.57 points or 0.82 percent to close at 6,741.40 as the Mining and Oil sector led in the advance across the board. However, volume dropped further to 1.09...
The local stock market declined as investors continue to worry over the global economy. The main index shed 25.38 points or 0.38 percent to close at 6,686.83 although only the Banks and Industrial counters retreated while the Mining and Oil sector led advancers. Volume weakened further to 852...
The local stock market dropped further on concern over the impact of rising inflation and interest rates. The main index lost 62.47 points or 0.92 percent to close at 6,712.21 as Banks led the decline although Mining and Property stocks managed to advance. Volume fell to 659 million shares worth...
The local stock market rose for the second day as investors continued to pick up bargains amid positive remittance data. The main index was up 92.54 points or 1.42 percent to close at 6,594.66 as Holding Firms led the advance while the Services counter was the only one that retreated. Volume dipped...
GT Capital Holdings, Inc. reported an 18 percent growth in core net income to P4.0 billion in the first quarter of 2022 from P3.4 billion during the same period last year largely propelled its bank and car companies' stronger earnings. In a disclosure to the Philippine Stock Exchange, the...
The local stock market bounced from its five-day losing streak on the back of gains in US bourses. The main index jumped 122.95 points or 1.93 percent to close at 6,502.12 with the Property sector registering the biggest gain as all counters advanced. A total of 678 million shares worth P8.06...
Retail Holding firm Cosco Capital, Inc. reported a 10.9 percent improvement in growth consolidated net income to P2.7 billion for the first quarter of 2022 from P2.44 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated revenues...
The government's pandemic task force has approved the recommendation of retaining the Alert Level 1 status of the entire National Capital Region (NCR) from May 16 to 31, 2022, Malacañang said Sunday evening. (JANSEN ROMERO / FILE PHOTO / MANILA BULLETIN) Communications Secretary Martin Andanar...
The local stock market plunged for the 5th straight session, falling a total of over 499 points or 7 percent to the 6,300 level, as foreign investors continue to leave amid uncertainties. The main index dove 153.13 points or 2.34 percent to close at 6,379.17 as Conglomerates led in the retreat...
The local stock market continued to fall as the better-than-expected economic growth numbers failed to boost investor sentiment. The PSEi slid by 103.56 points or 1.56 percent to close at 6,532.30 points with Property and Banks leading the retreat across the board. Volume improved 1.59 billion...
GT Capital Holdings, Inc., the holding company of the family of Dr. George S.K. Ty, announced the appointment of Francisco C. Sebastian as chairman of the company’s Board of Directors as former Chairman Arthur V. Ty takes the back seat as director in a move to further professionalize the...
Local share prices continued to fall amid uncertainties after Monday’s polls. The PSEi lost 85.07 points or 1.27 percent to close at 6,634.86 as Holding Firms led the retreat although the Services and Mining and Oil counters bucked the trend. A total of 1.92 billion shares worth P6.64 billion...
