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Stocks get boost from foreign funds

The local stock market continued to recover lost ground partly due to news of some foreign buying. The PSEi added 46.07 points or 0.69 percent to close at 6,752.50 as Banks posted strong gains while the Services and Mining and Oil counters declined. Volume improved to 1.47 billion shares worth P10

Stocks rise on US gains

The PSEi climbed back to the 6,700 level after US markets snapped a 3-day decline. The main index rose 62.98 points or 0.95 percent to close at 6,706.43 as Conglomerates led the advance with only the Mining and Oil counter declining. Volume dropped to 1.28 billion shares worth P3.99 billion as gai

Stocks slide on bargain hunting

The local stock market halted its slide after bargain hunters started picking up cheaper stocks. The main index added 25.07 points or 0.38 percent to close at 6,643.45 as the Property sector led the advance while the Industrial and Services counters lagged behind. Volume was slightly lower at 60

Stocks slip further on US losses

The local stock market slipped further after US share prices fell anew. The main index dropped 86.03 percent or 1.28 percent to close at 6,618.38 with the Mining and Oil counter leading the retreat. Volume was relatively stable at 972 million shares worth P5.67 billion as losers swamped gainers 15

Stocks fall on new US rate hike fears

The local stock market fell amid concerns over further US rate hikes. The main index lost 159.45 points or 2.32 percent to close at 6,704.41 as Conglomerates led the retreat across the board. A total of 817 million shares worth P5.44 billion changed hands as losers trounced gainer 132 to 62 while

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