The local stock market dropped further after the US Federal Reserve decided not to cut interest rates due to inflation. The main index lost 45.81 points or 0.74 percent to close at 6,107.66 with Miners and Conglomerates seeing the biggest losses while Property and Services managed to advance....
The local stock market fell to a 14-month low as investors turned cautious and sold off shares ahead of the Chinese New Year holiday. The main index dropped 43.41 points, or 0.70 percent, to close at 6,153.47. The services sector plunged, while the banks and industrials sectors managed to gain....
The Philippine Stock Exchange (PSE) index continued its decline as investors awaited the results of the US Federal Reserve meeting and the release of Philippine economic growth figures. The main index plunged 99.32 points, or 1.58 percent, to close at 6,196.88, with the Industrial sector leading...
Share prices fell despite gains in the US after the Philippine government cast doubts about meeting last year’s economic growth target. The main index dropped 82.66 points or 1.30 percent to close at 6,296.20 as Banks led the retreat with only Miners bucking the trend. Volume grew to 1.14...
The local stock market was pulled up by bargain hunters as rising US equities boosted investor sentiment. The main index added 30.52 points or 0.48 percent to close at 6,378.86 as Banks led the advance while Property and Services lagged behind. Volume dipped to 904 million shares worth P4.09...
The Philippine Stock Exchange index (PSEi) managed to eke out a small gain mainly due to the Services sector as investors remain cautious while US President Donald Trump unveils more economic policies. The main index added 8.13 points or 0.13 percent to close at 6,348.34 with only the Services...
The local stock market slipped a little in a muted reaction to the Trump inauguration as Monday was also a holiday in the US. The main index dipped by 9.68 points or 0.15 percent to close at 6,340.21 as Miners led the retreat while Conglomerates and Property firms managed to advance. Volume was...
The local stock market traded flat as investors wait for cues from the inaugural speech of US President Donald Trump. The main index shed just 2.23 points or 0.04 percent to close at 6,349.89 with sectoral indices equally divided although the Property counter saw a big drop. Volume was thin at 1.54...
Share prices recovered as investors position ahead of the inauguration of US President Donald Trump. The main index jumped 86.60 points to 1.38 percent to close at 6,352.12 as Banks led the advance across the board. But volume declined to 994 million shares worth P4.93 billion as gainers...
The PSEi resumed its downward trek after a small bounce the previous day as late selling wiped out gains made due to US inflation numbers coming within expectations. The main index dropped by 64.94 points or 1.03 percent to close at 6,265.52 as Banks led the retreat with only Miners advancing....
The local stock market bounced with global bourses as the steep drop in the past days presented bargain-hunting opportunities. The main index added 30.79 points or 0.49 percent to close at 6,330.46 with the Property counter leading the advance although sectoral indices were evenly split. Volume was...
The local stock market continued its descent as investors wait for positive catalysts while coming to terms with the prospect of fewer interest rate cuts this year. The main index dropped 43.43 points or 0.68 percent to close at 6,299.67 as Industrials led the decline while Miners and the Property...