Last week Share prices surged for the third consecutive week, with the main index reaching the 6,800-point level, on the optimism of investors that the Chinese year of the Wood Dragon will be profitable for the market. The benchmark Philippine Stock Exchange index (PSEi) gained 142.91 points to close at…
Last week Share prices plunged last week as investors cashed in on their gains amid increasing concerns over escalating geopolitical tensions. The benchmark Philippine Stock Exchange index fell 139.64 points, or 2 percent, to close at 6,503.54 points. The main index was down almost all-week long, except on Monday, when…
Share prices gained last week after the United States Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) maintained their respective policy rates. The benchmark Philippine Stock Exchange index (PSEi) rose 16.45 points to close at 6,142.79 points. The local bourse recovered following a weak start to the week, after the US Fed and the
Last week Share prices fell again this week as profit-taking continued, despite lower inflation for July and corporate earnings report for the first half of the year. The benchmark Philippine Stock Exchange index dropped 174.42 points to close at 6,450.84 points. The main index was down in three of the…
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…