The local stock market jumped as investors scooped up bargains following last Friday’s huge drop in share prices.
The main index rose 193.49 points or 3.06 percent to close at 6,513.68 as the battered Holding Firms sector led the rally with only the Mining and Oil counter retreating.
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Local share prices plunged as foreign investors dumped stocks ahead of the effectivity of the new PSEi composition next week. The main index fell 236.38 points or 3.61 percent to close at 6,320.19 after the Holding Firms counter lost 5.21 percent. Only the Financials sector managed to hold its groun
Local share prices plunged as foreign investors dumped stocks ahead of the effectivity of the new PSEi composition next week. The main index fell 236.38 points or 3.61 percent to close at 6,320.19 after the Holding Firms counter lost 5.21 percent. Only the Financials sector managed to hold its grou
The local stock market fell after the MSCI index rebalancing as well as due to concern over rising COVID cases. The main index lost 110.29 points or 1.65 percent to close at 6,556.57 as thr Property and Holding Firms counters led the retreat with only the Mining and Oil sector managing to advance.
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