Last week Share prices resumed its upward trend last week, as the United States Federal Reserve kept its rates steady. The benchmark Philippine Stock Exchange index (PSEi) gained 59.65 points to end at 6,881.97 points. “The Fed’s status quo move boosted another round of global buying this week, but supply…
Last week Share prices inched higher for the fourth straight week after the Bangko Sentral ng Pilipinas (BSP) kept policy rates steady. The benchmark Philippine Stock Exchange index gained 23.07 points to close at 6,873.23 points. The main index fell at the start of the week, but made gains for…
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 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 fell last week, with the main index returning to the 6,500-point level, as profit-taking ensued during most of the sessions mainly due to the uncertain outcome of the United States’ debt ceiling issue. The benchmark Philippine Stock Exchange (PSE) index fell 2 percent or 134.35 points…