The local stock market jumped on further bargain hunting as investors cheered a series of good news. The main index rose 118.49 points or 1.63 percent to close at 7,401.16 as telcos and banks led the rally across the board. 48245 Volume improved to 1.55 billion shares worth P9.28 billion as gainers...
The local stock market managed to end flat after starting the week in the red with investor sentiment stuck in the doldrums. The main index eked out a 2.1-point or 0.03 percent gain to close at 7,282.67 with only the Financials and Mining and Oil counters advancing while most sectors retreated....
All regions in the country are now at minimal to low risk case classification for the coronavirus disease (COVID-19) as cases continue to dip in recent weeks, the Department of Health said on Monday, Nov. 22. DOH DOH Undersecretary Maria Rosario Vergeire reported all regions have negative two week...
The PSEi continued its losing streak as sentiment weakened overnight while investors wait for fresh leads at the domestic front. The main index dropped 50.48 points or 0.69 percent to close at 7,299.34 as Banks and Miners led the retreat although the Property counter managed to eke out a small...
Metro Manila may be placed under Alert Level 1—the most lenient quarantine classification—by December if the number of coronavirus disease (COVID-19) in the region continues to decline, the OCTA Research group said Thursday, Nov. 18. People flock at the Manila Bay Dolomite Beach in Manila after...
People stroll near a mall in Pasay City on Nov. 7, 2021. (Photo by Ali Vicoy) Metro Manila is back in its track after its one-week growth rate for coronavirus disease (COVID-19) cases improved anew, the OCTA Research group said Thursday, Nov. 18. OCTA fellow Prof. Guido David said the average daily...
The local stock market weakened further as investors wait for the outcome of the policy meeting of the Monetary Board on Thursday, Nov. 18. The Philippine Stock Exchange index shed 17.6 points or 0.24 percent to close at 7,349.82 on Wednesday, Nov. 17, with sectoral indices evenly mixed as the...
Cosco Capital, Inc., the retail holding firm of businessman Lucio L. Co, reported a 17 percent growth in consolidated net income to P7.27 billion in the first nine months of 2021 from the P6.23 billion earned in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm...
The local stock market saw some profit-taking at the start of the week as investor sentiment was weighed down by negative news from overseas. The main index dropped 40.47 points or 0.55 percent to close at 7342.37 as the Mining and Oil counter fell while only the Holding Firms sector managed to...
GT Capital Holdings Inc., the flagship of the Ty family, posted 168 percent leap in consolidated net income to P8.7 billion in the first nine months of 2021 from P3.2 billion in the same period last year year. In a disclosure to the Philippine Stock Exchange, the firm said its core net income...
The local stock market bounced from its two-day correction yesterday as investors continue to regain optimism. The Philippine Stock Exchange index (PSEi) rose 51.19 points, or 0.70 percent, to close at 7,382.84 although sectoral indices were evenly mixed with Property stocks leading the advance...
The local stock market continued to be pulled lower by profit-taking following the decline in US bourses. The main index lost 44.03 points or 0.60 percent to close at 7,331.65 as the Property sector led the retreat while the Services counter managed to hold its ground. 45341 Volume was lower at...
