The local stock market recovered some lost ground as investors started picking up cheaper stocks. The main index rose 45.07 points or 0.66 percent to close at 6,898.17 led by the advance of the Services sector while Banks and Miners lagged behind. Volume improved to 699 million shares worth P7.62...
DAVAO CITY – The Bangko Sentral ng Pilipinas-Mindanao, in collaboration with the Philippine Information Agency-11, convened media practitioners in an information session to enhance industry awareness on financial consumer protection on March 21. THE Bangko Sentral ng Pilipinas-Mindanao conducted...
The local stock market declined as investors wait for fresh cues from the US. The main index dropped 28.87 points or 0.42 percent to close at 6,853.10 as Banks led the retreat with only Conglomerates holding on to gains. A total of 553 million shares worth P5.48 billion were traded as losers beat...
The local stock market is seen moving sideways as it benefits from quarter-end window dressing and some bargain hunting although cautious investors may opt to hold on to cash ahead of the long Easter weekend. “At 6,881.97, the local market is still at attractive levels with a price-to-earnings...
Senator Alan Peter Cayetano assured consumers that the passage of the proposed Anti-Financial Account Scamming Act (AFASA) into law would help put a stop to the persistent problem of digital highway robbery. Cayetano, chairperson of the Senate Committee on Science and Technology, and...
The local stock market pulled back from the previous day’s spike as investors cashed out ahead of the weekend marking the start of the Holy Week when many are expected to go on vacations. The Philippine Stock Exchange Index (PSEi) fell 82.25 points or 1.17 percent to close at 6,881.97 as the...
BACOLOD CITY – Fourteen former communist rebels received financial and livelihood assistance totaling P980,000 in Negros Oriental on Wednesday, March 20. GOV. Manuel Sagarbarria (ninth from left) leads the turnover of P980,000 worth of cash and livelihood assistance to 14 former members of the...
The local stock market jumped after the US Federal Reserve assured that its rate cut plans are unchanged. The main index rose 106.45 points or 1.55 percent to close at 6,963.22 as the Services sector led the advance across the board. Volume declined to 977 million shares worth P6.34 billion as...
CEBU CITY – The provincial government of Bohol has extended financial assistance to the families of five New People’s Army rebels who died in an encounter with government troops in Bilar last month. AUMENTADO (FB) Through the Provincial Social Welfare and Development, Gov. Aris Aumentado handed...
The local stock market inched up as investors continued to wait for the results of the US Federal Reserve meeting. The main index added 8.34 points or 0.12 percent to close at 6,856.77 as sectoral indices were evenly divided with the Services counter chalking the biggest gain. Volume rose to 786...
The local stock market dipped slightly as investors turned cautious ahead of the release of US economic data. The main index shed 4.86 points or 0.07 percent to close at 6,848.43 as Miners led the decline while Banks and Property firms advanced. Volume was firm at 897 million shares worth P5.79...
The local stock market bounced from last Friday’s steep drop but lost most of its intraday gains as investors remain cautious ahead of the release of US economic data and the Fed meeting. The main index added 30.97 percent or 0.45 percent to close at 6,853.29, after rising above the 6,900 level...