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…
Share prices fell despite the decision of the United States Federal Reserve to hold rates steady, as local investors were more concerned about the April inflation data. ,
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 surged for the third consecutive week, with the main index reaching the 6,800-point level, on the optimism of investors that the Chinese year of the Wood Dragon will be profitable for the market. The benchmark Philippine Stock Exchange index (PSEi) gained 142.91 points to close at…
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…