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…
Maya Philippines Inc., the financial technology backed by the PLDT Group, has launched its own system that allows users to trade stocks using its platform. Starting December 15, users of its Maya app can buy, sell and manage shares of publicly listed companies acquired through the Maya Stocks marketplace. Its…
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 fell last week, breaking the main index’s month-long winning streak, as investors cashed in on their gains even during the window-dressing period at the end of November. The benchmark Philippine Stock Exchange index fell 24.32 points, to end the four-day trading week at 6,245.18 points. “On…
Last week Share prices gained last week, allowing the main index to close higher for four consecutive weeks, but volume remained thin as investors remained on the sidelines. The benchmark Philippine Stock Exchange index rose 57.61 points to close at 6,299.50 points. “The local market has been building momentum lately,…