The local stock market took a breather from its rally that started last week as some investors cashed out for the weekend. The main index shed 22.11 points or 0.30 percent to close at 7,289.61 with the Industrial sector leading the retreat although the Financials and Services counters managed to...
The PSEi continued to rally and has breached 7,300 level, as stocks were buoyed by positive developments locally and in the US. The main index gained 14.64 points or 0.20 percent to close at 7,311.72 although sectoral indices were evenly mixed with the Mining and Oil and Holding Firms counters...
Shoppers flock along Ylaya in Divisoria Market on Oct. 17, 2021 as the Metro Manila eases to Alert Level 3 for COVID-19. (Photo by Ali Vicoy) The number of coronavirus disease (COVID-19) cases in the country is expected to drop to the level before the recent surge in infections driven by the Delta...
The local stock market posted more gains as investors grow more optimistic with the coming earnings season and dropping COVID-19 csses. The PSEi added 30.77 points or 0.42 percent to close at 7,297.08 as Holding Firms led gainers although the Mining and Oil and Financials counters saw some...
Investment house AB Capital Group is beefing up its operations after it suddeny hulked up with the entry of some of the country’s top billionaires into its board of directors. This comes after private investment holding firm The Campden Hill Group took control from the Gaisano family’s Vicsal...
The local stock market continued to rise as world oil prices eased while local COVID cases declined further. The PSEi hiked 46.50 points or 0.64 percent to close at 7,266.31 although only the Holding Firms and Industrial counters advanced while the Mining and Oil sector led decliners. 39847 Volume...
The local stock market ended the week on a positive note on the back of gains in US bourses. The main index rose 30.35 points or 0.42 percent to close at 7,213.46 as the Mining and Oil counter led the advance while the Holding Firms sector was the only one in the red. Volume was firm at 1.22...
MTD Philippines, a fully owned subsidiary of Malaysia’s top engineering conglomerate MTD Capital, has announced it is investing P12 billion over the next six years in the country. Patrick Nicholas David, president and CEO of MTD Philippines Inc. and chairman of Bandar Hebat Builders Inc. (BHBI),...
Local shares prices jumped after the government eased quarantine restrictions by a notch as the number of new COVID cases declined. The main index gained 114.19 points or 1.62 percent to close at 7,183.11 as Holding Firms and Property stocks led the advance across the board. PSE_NEW Volume improved...
Staycations in accredited hotels in Metro Manila are now allowed to accommodate guests following the decision of the government's pandemic task force to place the region under Alert Level 3 from Oct. 16 to 31. (Photo from Pixabay) Citing guidelines of the Inter-Agency Task Force (IATF) for the...
(MANILA BULLETIN FILE PHOTO) All areas in Metro Manila are now at “moderate-risk” classification for coronavirus disease (COVID-19), the OCTA Research group said Thursday, Oct. 14. In its latest monitoring report, OCTA said the COVID-19 reproduction number in the National Capital Region (NCR),...
The local stock market declined as investors pocket more gains while waiting for more news from thr US and the domestic front. The main index dropped 38.90 points or 0.55 percent to close at 7,068.92 as sectoral indices were evenly mixed with the Industrial counter posting the biggest loss while...
