The local stock market recovered from the previous day’s losses as investors picked up bargains late in the session. The PSEi rose 52.34 points or 0.75 percent to close at 7,008.94 as Banks led the advance while the Industrial and Mining and Oil counters lagged behind. Volume weakened to 1.11...
The local stock market closed below the 7,000 level despite early gains as investors noted the rise in oil prices. The main index dropped 50.03 points or 0.73 percent to settle at 6,956.60 as the Mining and Oil counter led the retreat while the Services sector managed to advance. Volume was weaker...
Share prices gave up the previous day’s gains to end the week lower as investors were quick to take profit amid uncertainties in Europe. The main index fell by 114.82 points or 1.61 percent to close at 7,007.63 on Friday, March 18, as Banks led the retreat while only the Mining and Oil counter...
The local stock market continued to recover lost ground as share prices rose across Asia. The main index jumped 96.0 points or 1.37 percent to close at 7,122.45 on Thursday, March 17, as Banks led the charge while the Mining and oil counter retreated. Volume was relatively stable at 1.43 billion...
The local stock market managed to recover from early losses to push the Philippine Stock Exchange index (PSEi) into positive territory at the close of the day’s trading. The main index inched up 6.53 points or 0.09 percent to close at 7,026.45 on Wednesday, March 16, with the Mining and Oil...
Manila Water Co. reported that it expanded capital expenditures last year by 28 percent to P13.7 billion from the record P10.7 billion spent in 2020 despite the continued challenges posed by the COVID-19 pandemic. “This is the highest CapEx record since the privatization of water service in the...
Metro Manila will remain under the least restrictive Alert Level 1 along with 47 other areas across the country for the rest of the month, Malacañang announced. People flock to Ilaya in Binondo, Manila on Jan. 2, 2022. Metro Manila will be under Alert Level 3 starting Jan. 3 until Jan. 15, 2022...
The local stock market recovered some of the previous day’s losses and returned above the 7,000 level as investors found prices of heavyweights too low to resist. The main index jumped 202.97 points or 2.98 percent to close at 7,019.92 with the Property and Banking sectors leading the advance...
The PSEi plunged to a six-month low as the impact of Russia’s invasion of Ukraine is seem to affect the growth of Asian economies. The main index fell 295.24 points or 4.15 percent to close at 6,816.95, it’s lowest since Sept. 1, 2021 when it ended at 6,785.94. The Services sector led the drop...
Female firefighters showed their skills in rescue operations during the Bureau of Fire Protection National Capital Region (BFP-NCR) Skills Olympics 2022 on Monday, March 14. The event, with the theme “Sa Pag-iwas sa Sunog, Di ka nag-iisa”, is in line with the Fire Prevention Month and the...
The local stock market rose with its regional peers as oil prices eased. The main index jumped 134.92 points or 1.93 percent to close at 7,124.80 as Conglomerates led the advance while the Mining and Oil dropped along with commodity prices. Volume was lower though at 3.35 billion shares worth P7.59...
The local stock market lost most of its intraday gains but still managed to end in the green as oil prices rose further due to the war in Ukraine. The PSEi inched up 12.15 points or 0.17 percent to close at 6,989.88 as Banks led the advance while Conglomerates and Mining firms retreated. Volume was...
