Tag page - philstocks financial

Local shares weakened slightly Friday after failing to breach the 7,300 level. The Philippine Stock Exchange index (PSEi) retreated 25.22 points, or 0.35 percent, to close at 7,272.80 with sectoral indices evenly mixed. Photo credit: (https://www.pse.com.ph/) Volume rose to 23.55 billion shares...

While there is still momentum in the local stock market from last week’s rally, its sustainability will hinge on whether there will be more positive news on COVID-19 vaccines and the US stimulus package. BDO Chief Market Strategist Jonathan Ravelas said that, after hopes of a vaccine fueled last...

The local stock market surged past the 7,000 level as investors celebrated positive reports on breakthrough in COVID-19 vaccines.  The Philippine Stock Exchange index (PSEi) leaped 349.63 points, or 5.23 percent ,to close at 7,035.48 as share prices rose across the board with the Holding Firms...

The local stock market surged at the start of the US elections as investors look forward to an end in the guessing game over who will lead the world’s most influential economy in the next four years.  The PSEi rose 128.49 points or 2.03 percent to close at 6,464.05 as share prices rose...

All eyes will be on the outcome of the US elections this week while third quarter earnings and lingering concern over COVID-19 will provide cues at the local front. Traders work beneath an electronic ticker at the trading floor of the Philippine Stock Exchange in Bonifacio Global City...