Last week Share prices resumed its upward trend last week as the main index almost touched the 6,700-point mark on China’s stimulus measures and higher-than-expected US economic growth in the fourth quarter last year. The benchmark Philippine Stock Exchange index gained 182.55 points to close at 6,686.09 points. The main…
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 slightly, with the main index staying at the 6,600-point level, as investors awaited a stronger catalyst that will encourage them to purchase stocks. The benchmark Philippine Stock Exchange index (PSEi) rose 13.54 points to close at 6,643.18 points. The main index was down in two…
Last week Share prices surged during the first trading week of the year, with the main index closing beyond 6,600 points. The benchmark Philippine Stock Exchange index gained 179.60 points to close at 6,629.64 points. The main index lost only once during the four-day trading week, as December inflation, which…
Share prices surged during the first trading day of the year on Tuesday, with the benchmark Philippine Stock Exchange index (PSEi) rising by 104 points to 6,554.04. “We welcome 2024 with hopes of a better performance for the stock market. We are also optimistic that our regulator will continue to…