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April 21, 2024
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…
April 20, 2024
Cybeats Technologies Corp. announces that it has been requested by OTC Markets Group Inc. to issue this statement about promotional activity concerning its common shares traded on the OTCQB...
March 31, 2024
Last week Share prices continued to climb last week, though trading was lackluster due to the long weekend holiday for the Holy Week commemorations. The benchmark Philippine Stock Exchange index gained 21.56 points to close at 6,903.53 points during the three-day trading week. The main index started the week on…
February 18, 2024
Last week Share prices inched higher for the fourth straight week after the Bangko Sentral ng Pilipinas (BSP) kept policy rates steady. The benchmark Philippine Stock Exchange index gained 23.07 points to close at 6,873.23 points. The main index fell at the start of the week, but made gains for…
January 21, 2024
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…
January 14, 2024
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…
January 2, 2024
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…
December 31, 2023
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…
October 22, 2023
Last week SHARE prices plunged last week as the main index lost 2 percent, amid ongoing geopolitical tensions in the Middle East and macro-economic headwinds. The main index gave up 123.44 points to close at 6,142.90. “From a technical standpoint, it is noticed that the market is having a hard time getting past its 50-day