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 fell as investors became profit takers during the three-day trading week. The benchmark Philippine Stock Exchange index shed 50.96 points to close at 6,450.04 points. The main index was down almost throughout the week, except on Thursday when it gained 56.31 points. For the year, the…
Last week Share prices gained last week following the slowdown in inflation in the United States last October and the decision of the Bangko Sentral ng Pilipinas (BSP) to pause rate hikes. The benchmark Philippine Stock Exchange index gained 50 points to close at 6,211.89 points. The main index was…
WELLEX Industries Inc. posted a net income of P360,000 in the third quarter of 2023, reversing the P1.13-million net loss recorded in the same period of 2022.
Last week Share prices slightly went up as analysts said the local market showed resiliency despite geopolitical tensions in the Middle East and the sustained high inflation rate in the United States. The benchmark Philippine Stock Exchange index gained 6.39 points to close at 6,226.34 points. The main index was up in three of the