"Bill Russell's unparalleled success on the court and pioneering civil rights activism deserve to be honored in a unique and historic way," NBA Commissioner Adam Silver said.
LITTLE CHANGED. The main stocks index and the peso end little changed on Wednesday (Aug. 9, 2022) ahead of the release of the US' July 2022 inflation report. An economist said the July 2022 consumer price index in the US is expected to have decelerated given the decline in the prices of oil in the international market. (PNA file photo) MANILA - The wait-and-see stance for the release of the US' July 2022 consumer price index (CPI) report resulted in the flat close of the local bourse's main index and the sideways finish for the peso on Wednesday. The Philippine Stock Exchange index (PSEi) gained 0.04 percent, or 2.87 points, to 6,471.84 points. All Shares rose by 0.15 percent, or 5.07 points, to 3,461.51 points. Most of the sectoral gauges inched up namely Mining and Oil, 1.15 percent; Services, 0.54 percent; Property, 0.48 percent; and Holding Firms, 0.18 percent. On the other hand, Financials slipped by 0.55 percent and Industrial by 0.34 percent. Volume reached 843.4 mil
CONTINUED RECOVERY. The local stock barometer rises again on Tuesday (Aug. 9, 2022), buoyed partly by the continued recovery of the domestic economy, but the peso moves sideways against the US dollar. The Philippine Statistics Authority (PSA) reported the 7.4 percent growth of the domestic economy in the second quarter of this year, slower than the previous quarter's 8.2 percent. (PNA file photo) MANILA - The main stocks index rose anew on Tuesday as the domestic economy continued to show resilience following the release of the second-quarter economic growth but the peso finished sideways against the dollar. The Philippine Stock Exchange index (PSEi) jumped by 0.54 percent, or 34.73 points, to 6,468.97 points. All Shares also increased by 0.22 percent, or 7.71 points, to 3,456.44 points. However, only two of the six sectoral gauges followed the main index namely Property and Holding Firms, which rose by 2.40 percent and 1.21 percent, respectively. Financials fell by 1.14 percent an
MIXED RESULTS. The main stocks index slipped on Friday (Aug. 5, 2022) after rising for several days ahead of the new rebalancing in the local bourse and the release of the July 2022 jobs report in the US. On the other hand, the peso gained compared to the US dollar. (PNA file photo) MANILA - The main equities index ended its rally on Friday after the rebalancing in the local bourse and ahead of the release of the US jobs report but the peso gained against the greenback. After a three-day rally, the Philippine Stock Exchange index (PSEi) lost 1.20 percent, or 77.61 points, to 6,405.50 points. All the other counters tracked the main index, with All Shares down by 0.86 percent, or 29.7 points, to 3,432.06 points. Property posted the biggest drop among the sectoral gauges after it fell by 1.73 percent, followed by Services, 1.54 percent; Mining and Oil, 1.46 percent; Holding Firms, 1.35 percent; Financials, 0.27 percent; and Industrial, 0.16 percent. Volume remained thin at 712.87 million