Last week Share prices bounced back last week as tensions in the Middle East eased, but a “high-for-longer” interest rates could dampen investors’ appetite. The benchmark Philippine Stock Exchange index gained 185.75 points, or 2.88 percent, to close at 6,628.75 points. The main index was up all week long, as…
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 gained for the seventh straight week as investors bought stocks on Friday, but the main index remained at the 6,900-point level. The benchmark Philippine Stock Exchange index gained 22.62 points to close at 6,942.21 points. The main index was down from Tuesday to Thursday, when the…
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…
EAST Coast Vulcan Corp., formerly Vulcan Industrial & Mining Corp., said Wednesday that its principal shareholders had executed a deed of assignment for the transfer of more than 486 million partially paid shares of the company to Techno-Asia Construction and Development Inc. (TACD).