The local stock market surged on stronger volume as investors continued to cheer the strong growth of the country’s economy.The main index jumped 98.53 points or 1.50 percent to close at 6,647.80 as the Mining and Oil sector led the rally across the board. Volume rose to 857 million shares worth...
The local stock market rebounded with its regional peers following gains in US bourses.The main index jumped 101.93 points or 1.58 percent to close at 6,535.17 as the Property sector led the rally across the board. Volume dipped to 543 million shares worth P4.9 billion as gainers outnumbered losers...
The local stock market ended flat despite some early bargain-hunting after the announcement of the July inflation numbers.The main index shed 1.49 points, or 0.02 percent, to close at 6,433.24, with sectoral indices evenly split. Volume dipped to 419 million shares worth P5.12 billion. Losers...
Local share prices jump on hopes that the Fed will cut rates in September.The main index rose by 74.74 points or 1.13 percent to close at 6,693.83 with Banks leading the charge. However, volume was low at 450 million shares worth P4.39 billion as gainers beat losers 104 to 75 with 50...
Local share prices declined further as investors wait for more news that will point to when interest rates will start going down.The main index dropped 42.87 points or 0.64 percent to close at 6,606.36 as Banks continued to lead the retreat while the Industrial and Services sectors recovered some...
Local share prices fell in the aftermath of Typhoon Carina even as sentiment was also dampened by weaker US markets.The main index lost 82.85 points or 1.23 percent to close at 6,670.27 as Miners led the drop across the board. Volume was weak at 553 million shares worth P3.98 billion as losers...
The local stock market rose after President Ferdinand R. Marcos Jr.’s State of the Nation Address despite the drop in property stocks due to the announced POGO ban.The main index rose by 41.07 percent or 0.61 percent to close at 6,753.12 as Conglomerates led the advance while the Property and...
The local stock market edged up on cautious trading, bringing the PSEi back to the 6,700 level as the peso strengthened against the US dollar.The main index rose by 17.30 points or 0.26 percent to close at 6,705.01 as Banks led the advance although half of the sub-indices retreated. Volume was low...
By James A. LoyolaThe local stock market ended weaker after some gains early in the day after investors started pocketing profits.The main index lost 22.28 points or 0.33 percent to close at 2,697.04 with Banks leading the retreat. Volume was firm at 352 million shares worth P5.41 billion as losers...
Local share prices jumped back after the previous day’s contraction as investors continued to bet on a rate cut.The main index surged 119.89 points or 1.85 percent to close at 6,609.24 with Conglomerates leading the rally. Volume rose to 427 million shares worth P6.80 billion as gainers beat...
Local share prices rose on the back of gains in US stocks due to rate cut hopes.The main index added 27.23 points or 0.42 percent to close at 6,556.66 as Conglomerates led the advance while Banks and Miners retreated. Volume rose to 767 million shares worth P6.74 billion as gainers upset losers 97...
Local share prices jumped on news that the US Federal Reserve believes is seeing progress in efforts to control inflation.The main index rose by 91.07 points or 1.43 percent to close at 6,450.03, with Banks leading the charge while Miners still retreated. However, volume was still tepid at 263...
