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
Share prices fell last week, with the main index remaining at the 6,400-point level, as investors parted with their shares following the release of GDP data for the second quarter.
Last week SHARE prices fell last week, but the main index stayed at the 6,600-point level as investors started to sell following the US Federal Reserve’s rate hike of 25 basis points. The benchmark Philippine Stock Exchange index shed 52.66 points to close at 6,625.26 points. The main index started…
Last week Share prices rose last week, with the main index climbing to 6,600 points, despite an anemic trading volume, as the market appeared to be building momentum ahead of the upcoming earnings season. The benchmark Philippine Stock Exchange (PSE) index gained 22.77 points to close at 6,647.56 points. “The…
Last week Share prices gained last week, with the main index breaching the key trend line since it touched a milestone in January, as inflation in the United States again reached a 12-month low. The benchmark Philippine Stock Exchange index (PSEi) gained 245.76 points, or almost 4 percent, to close…