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Market climbs; AC Energy, Apollo Global lead gainers
The stock market rebounded Thursday in step with the rest of Asia, as investors await Joe Bidens proposals for a vast new stimulus as well as comments from the head of the Federal Reserve on its policy outlook.
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Index falls anew on concerns over vaccine rollout
Index falls anew on concerns over vaccine rollout Iris Gonzales © STAR/ File Index falls anew on concerns over vaccine rollout MANILA, Philippines The local stock market pared its losses, but stayed in negative territory yesterday as concerns over the slow rollout of the COVID-19 vaccine weighed down investor sentiment. The benchmark Philippine Stock Exchange index (PSEi) closed at 7,242.85, down 15.26 points or 0.21 percent. The broader All Shares index also slipped, declining by 2.83 points or 0.06 percent to end at 4,334.93. Among the subsectors, only mining and oil and financials finished higher, with the rest closing in the red. A total of P9.173 billion worth of shares changed hands yesterday, with advancers trumping losers, 131 to 105, while 37 issues were unchanged.
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