The local stock market recovered more ground after some positive developments encouraged further bargain-hunting.
The main index jumped 204.57 points or 3.54 percent to close at 5,987.72 as Conglomerates led the rally across the board. Volume improved but was still weak at 514 million shares wort
The PSEi started the week on the green on very selective buying by bargain hunters.
The main index added 42.08 points or 0.73 percent to close at 5,783.15 as Conglomerates led the advance although the Services and Mining and Oil counters declined. Volume fell to 613 million shares worth P3.95 bill
The Philippine Stock Exchange index (PSEi) stock market crashed again after yesterday’s feeble attempt to recover as investors fear that the US Federal Reserve is deadset on aggressively raising interest rates to fight inflation.
The main index plunged 193.18 points or 3.26 percent to close at 5,7
The local stock market finally bounced after its deep plunge in the past days although investors are not sure if the worse is over.
The main index rose 54.57 points or 0.93 percent to close at 5,934.25 as Conglomerates led the advance while the Services sector lost more ground. Volume dipped ti 65
The main stocks index declined anew yesterday amid United States recession worries but the peso was little changed despite touching the 59-level against