Last week Share prices resumed its upward trend last week as the main index almost touched the 6,700-point mark on China’s stimulus measures and higher-than-expected US economic growth in the fourth quarter last year. The benchmark Philippine Stock Exchange index gained 182.55 points to close at 6,686.09 points. The main…
Last week Share prices fell for the second straight week as investors continued to pocket their gains despite the steady inflation print for November. The benchmark Philippine Stock Exchange index shed 10.41 points to close at 6,234.77 points. The main index recorded the biggest loss during the four-day trading week…
Last week Share prices gained following weeks of declines as investors were elated by the lower-than-expected inflation and a better GDP growth rate in the third quarter, which was above the expectation of analysts. The benchmark Philippine Stock Exchange index gained 172.62 points to close at 6,161.89 points. The main…
Last week Share prices plunged last week with the main index falling by 3 percent to below the psychological 6,000-point level, after the off-cycle 25 basis point rate hike of the Bangko Sentral ng Pilipinas (BSP) on Thursday. The benchmark Philippine Stock Exchange index plunged 180.91 points to close at 5,961.99 points. “The BSP’s unexpected