Last week Share prices fell last week, breaking the main index’s month-long winning streak, as investors cashed in on their gains even during the window-dressing period at the end of November. The benchmark Philippine Stock Exchange index fell 24.32 points, to end the four-day trading week at 6,245.18 points. “On…
Last week Share prices gained last week, allowing the main index to close higher for four consecutive weeks, but volume remained thin as investors remained on the sidelines. The benchmark Philippine Stock Exchange index rose 57.61 points to close at 6,299.50 points. “The local market has been building momentum lately,…
Last week Share prices gained last week following the slowdown in inflation in the United States last October and the decision of the Bangko Sentral ng Pilipinas (BSP) to pause rate hikes. The benchmark Philippine Stock Exchange index gained 50 points to close at 6,211.89 points. The main index was…
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Last week SHARE prices plunged last week as the main index lost 2 percent, amid ongoing geopolitical tensions in the Middle East and macro-economic headwinds. The main index gave up 123.44 points to close at 6,142.90. “From a technical standpoint, it is noticed that the market is having a hard time getting past its 50-day