Last week Share prices surged for the third consecutive week, with the main index reaching the 6,800-point level, on the optimism of investors that the Chinese year of the Wood Dragon will be profitable for the market. The benchmark Philippine Stock Exchange index (PSEi) gained 142.91 points to close at…
Last week Share prices gained for the second straight week, with the main index rising above the resistance level of 6,700 points. The benchmark Philippine Stock Exchange index gained 21.16 points to close at 6,707.25 points. The main index was down for the most part of the week, especially after…
Last week Share prices gained slightly, with the main index staying at the 6,600-point level, as investors awaited a stronger catalyst that will encourage them to purchase stocks. The benchmark Philippine Stock Exchange index (PSEi) rose 13.54 points to close at 6,643.18 points. The main index was down in two…
Last week Share prices fell as investors became profit takers during the three-day trading week. The benchmark Philippine Stock Exchange index shed 50.96 points to close at 6,450.04 points. The main index was down almost throughout the week, except on Thursday when it gained 56.31 points. For the year, the…
Last week Share prices surged last week, with the main index rising by 4 percent, as the bulls went on a buying spree, following the dovish remarks by central banks. The benchmark Philippine Stock Exchange index gained 243.67 points to close at 6,478.44 points, its key resistance level. “A seemingly…