Local share prices eased as some investors took profit while most stayed on the sidelines at the start of the week. The PSEi dropped 32.42 points or 0.48 percent to close at 6,763.92 with only the Mining and Oil and Industrial counters staying in the green. Volume fell to 1.86 billion shares worth...
Investors in the local stock market will be closely watching the COVID numbers after the easing of quarantine measures in the nation’s capital while also waiting for the release of employment this week. “Next week, the local market may decline if our country’s COVID-19 situation further...
The Bureau of Internal Revenue (BIR) has reported that 1.43 million or 99.5 percent of all the income tax returns filed (ITRs) during the last tax filing season were filed online. In a report to the Secretary of Finance, the BIR said that only 7,139 returns were filed manually. This is clearly a...
The local stock market barely moved Friday, (June 4) after the government’s announcement of the inflation rate for the month of May. The main index inched up 4.47 points or 0.07 percent to close at 6,796.34 as sectoral indices were evenly mixed with Banks leading advancers and Mining stock...
The local stock market declined as investors stepped on the brakes to pocket some gains from the surge in past days. The main index dropped 49.82 points or 0.73 percent to close at 6,791.87 as the Property sector led the retreat although the Mining and Oil counter posted strong gains while the...
Local share prices rallied due to favorable developments at home and overseas. The PSEi surged 214.26 points or 3.23 percent to close at 6,841.69 as share prices rose across the board with the Property and Holding Firms counters leading the charge. A hefty 1.9 billion shares worth P9.51 billion...
The local stock market ended flat Tuesday, June 1 after a weak start as the listing of Monde Nissin’s shares failed to spark a rally. The main index shed 1.06 points or 0.02 percent to close at 6,627.43 as the Mining and Oil counter led the retreat while the Financials and Property sectors...
ONE FOR THE ROAD James Deakin Brace yourselves. The next phase of the digital revolution has just kicked into hyperdrive; the battle to decentralize money and power through technology has entered its next crucial phase and I can’t think of a more exciting time to be alive. I’m talking about...
The local stock market dropped after investors locked in gains from last week’s rally amid uncertainty whether quarantine measures will be eased or tightened. The main index lost 46.02 points or 0.69 percent to close at 6,628.49 with only the Financials sector mamaging to hold its ground. Volume...
Vice President and opposition leader Leni Robredo on Monday, May 31, took time to thank her office’s volunteers highlighting their valuable contribution in building the nation. Vice President Leni Robredo (Geric Cruz/Bloomberg) “This is also what we believe government must be - a center of...
After the unexpected surge in stock prices last week, investors will now be looking forward to the government’s decision on whether to further relax quarantine measures in the National Capital Region and surrounding provinces. “While maintaining MECQ (modified enhanced community quarantine) is...
The local stock market held its ground as investors remain optimistic and did not pocket substantial gains made in the past two days. The main index inched up 9.37 points or 0.14 percent to close at 6.674.51 as the Services and Property counters led gainers while the Holding Firms sector was the...
