The local stock market rose further as investors digested a slew of corporate earnings reports while waiting for the Monetary Board’s policy meeting on Thursday. The main index rose by 54.52 percent or 0.82 percent to close at 6,704.96 as the Property sector led the advance across the board....
The PSEi recovered the previous day’s losses as investors anticipate a good result from the Monetary Board’s upcoming policy meeting. The main index rose by 37.08 points or 0.56 percent to close at 6,650.44 as the interest rate-sensitive Property sector led the advance while Banks and Miners...
The local stock market declined as investors took profits while waiting for major market moving news from overseas and the domestic front. The main index dropped 34.44 points or 0.52 percent to close at 6,613.36 as the Mining and Oil counter led the retreat while the Services sector managed to buck...
Investors in the local stock market will eagerly wait for the result of the Monetary Board’s policy meeting and the release of US inflation numbers this week, which will determine whether last week’s rebound will be sustained. “Next week, the Bangko Sentral ng Pilipinas’ monetary policy...
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 inched up despite weakness in US bourses after the Philippines reported strong second quarter economic growth. The main index added 14.10 points or 0.22 percent to close at 6,549.27 although sectoral indices were evenly mixed. Volume declined to 748 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...
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...
The local stock market plunged with other regional bourses on growing fears of a US recession. The main index fell 170.57 points or 2.58 percent to 6,434.73 with the Industrial and Property sectors leading the retreat across the board. Volume rose to 638 million shares worth P5.64 billion as losers...
The Philippine Stock Exchange (PSE) announced that there will be no recomposition of the benchmark PSE index (PSEi), the PSE Dividend Yield (PSE DivY) index and the Holdings Firms index, based on the results of the regular review of the bourse’s indices. However all changes to the PSE indices...
Local stocks are seen to be ripe for bargain hunting during the first week of the Chinese Ghost Month, but investor sentiment will be swayed mainly by a slew of important economic data and corporate earnings reports. “The local market is still deemed to be undervalued and, with the two-week...
Regional stocks, including local shares, fell as investors were spooked by fears of a recession in the US. The main index dropped 88.53 points or 1.32 percent to close at 6,605.30 led by the Services sector which weakened despite the hike in Globe’s stock price. Volume remained tepid at 514...
