Last week Share prices bounced back last week as the Bangko Sentral ng Pilipinas (BSP) kept its rates steady and its less hawkish comments roused positive energy in the market. The benchmark Philippine Stock Exchange index gained 106.76 points to close at 6,618.69 points. The main index started the week…
Last week Share prices plunged last week as geopolitical tensions in the Middle East dampened investor sentiment. The benchmark Philippine Stock Exchange index fell 216.39 points to close at 6,443 points. The main index lost 4 percent during the first two days of trading, but recovered some of its losses…
Last week Share prices continued to climb last week, though trading was lackluster due to the long weekend holiday for the Holy Week commemorations. The benchmark Philippine Stock Exchange index gained 21.56 points to close at 6,903.53 points during the three-day trading week. The main index started the week on…
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 surged last week, with the main index rising by 4 percent, as the bulls went on a buying spree, following the dovish remarks by central banks. The benchmark Philippine Stock Exchange index gained 243.67 points to close at 6,478.44 points, its key resistance level. “A seemingly…