The Philippine Stock Exchange index ended the week on a positive note as share prices continued to be buoyed by gains in the US. 34595 The main index added 36.25 points or 0.52 percent on Friday, Sept. 24, to close at 6,952.53 with the Property sector leading the charge while the Holding Firms...
The Philippine Stock Exchange index gained for the third day on the back of stronger US stocks and the decline in new COVID cases in the country. The main index advanced 24.55 points or 0.36 percent to close at 6,915.28 on Thursday, Sept. 23, as the Industrial sector led the advance while the...
Big banks in the country remained well-capitalized despite the prolonged pandemic-induced crisis, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Benjamin E. Diokno said that big banks’ capital adequacy ratio (CAR), a measure of lenders’ solvency, improved to 17.6 percent in the first...
The average daily coronavirus disease (COVID-19) infections in Metro Manila may reach as low as 2,000 new cases by next month, the OCTA Research said Thursday, Sept. 23. Catholic devotees stand outside the Minor Basilica of the Black Nazarene as they attend a Sunday mass during the fourth day of...
The reproduction number of the coronavirus disease in Metro Manila further decreased to 0.99, the OCTA Research said Thursday, Sept. 23. (MANILA BULLETIN FILE PHOTO) OCTA fellow Professor Guido David said the reproduction number, which refers to the number of people that an infected individual can...
The local stock market made a small bounce even as investors worry about China’s property debt crisis. The main index added 23.30 points or 0.34 percent to close at 6,881.20 although sectoral indices were evenly mixed with the Property counter actually leading the advance. 33937 Volume was...
The local stock market followed through on last Friday’s weakness due to lack of fresh leads. The main index dropped 54.95 points or 0.79 percent to close at 6,857.90 as the Mining and Oil counter led the retreat while the Services sector was the only gainer. 33707 Volume was about average at...
Stock prices declined as investors opted to cash out before the week ends. The main index dropped 55.58 points or 0.80 percent to close at 6,912.85 led by profit-taking in the Services sector while only the Financials counter managed to advance. 33177 Volume jumped to 1.81 billion shares worth...
32938 The local stock market finally bounced from its string of losses after investors found share prices to have reached attractive levels. The main index rose 66.99 points or 0.97 percent to close at 6,947.19 with the Services sector leading the advance across the board as it resumed its upward...
(MANILA BULLETIN FILE PHOTO) The reproduction number of coronavirus disease (COVID-19) in the National Capital Region (NCR) decreased to 1.28, the OCTA Research said Thursday, Sept. 16. OCTA fellow Prof. Guido David said the reproduction number, which refers to the average number of secondary...
The local stock market weakened further due to the decline in US stocks overnight. The main index dropped 40.16 points or 0.58 percent to close at 6,880.20 as the Property and Services sectors led the retreat while only Holding Firms counter managed to advance. 32711 Volume remained hefty at 1.51...
The local stock market dropped after after hitting strong resistance at the 7,000 level. The PSEi lost 47.78 points or 0.69 percent to close at 6,920.36 as Holding Firms and Mining stocks led the decline while the Services counter continued to buck the trend. 32465 Volume surged with the listing of...
