Share prices fell despite the decision of the United States Federal Reserve to hold rates steady, as local investors were more concerned about the April inflation data. ,
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Last week Share prices bounced back last week as tensions in the Middle East eased, but a “high-for-longer” interest rates could dampen investors’ appetite. The benchmark Philippine Stock Exchange index gained 185.75 points, or 2.88 percent, to close at 6,628.75 points. The main index was up all week long, as…
Last week Share prices plunged last week as geopolitical tensions in the Middle East dampened investor sentiment. The benchmark Philippine Stock Exchange index fell 216.39 points to close at 6,443 points. The main index lost 4 percent during the first two days of trading, but recovered some of its losses…
Last week Share prices inched higher for the fourth straight week after the Bangko Sentral ng Pilipinas (BSP) kept policy rates steady. The benchmark Philippine Stock Exchange index gained 23.07 points to close at 6,873.23 points. The main index fell at the start of the week, but made gains for…