Share prices fell despite the decision of the United States Federal Reserve to hold rates steady, as local investors were more concerned about the April inflation data. ,
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…
Last week Share prices gained last week following the slowdown in inflation in the United States last October and the decision of the Bangko Sentral ng Pilipinas (BSP) to pause rate hikes. The benchmark Philippine Stock Exchange index gained 50 points to close at 6,211.89 points. The main index was…
Last week Share prices gained following weeks of declines as investors were elated by the lower-than-expected inflation and a better GDP growth rate in the third quarter, which was above the expectation of analysts. The benchmark Philippine Stock Exchange index gained 172.62 points to close at 6,161.89 points. The main…