Last week Share prices gained for the second straight week, with the main index rising above the resistance level of 6,700 points. The benchmark Philippine Stock Exchange index gained 21.16 points to close at 6,707.25 points. The main index was down for the most part of the week, especially after…
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 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,…
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 plunged last week with the main index falling by 3 percent to below the psychological 6,000-point level, after the off-cycle 25 basis point rate hike of the Bangko Sentral ng Pilipinas (BSP) on Thursday. The benchmark Philippine Stock Exchange index plunged 180.91 points to close at 5,961.99 points. “The BSP’s unexpected