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MANILA - The local stock barometer started the week up ahead of the earnings reporting season but the peso weakened again the US dollar anew. The Philippine Stock Exchange index (PSEi) rose by 3.14 percent, or 217.15 points, to 7,124.01 points. All other counters finished with gains, with All Shares up by 1.97 percent, or 85.38 points, to 4,423.90 points. The Property index led the sectoral gauges with a rise of 5.48 percent and was trailed by Financials, 4.50 percent; Holding Firms, 2.74 percen...

MANILA -The Philippine Stock Exchange index (PSEi) ended Friday in the red partly on rebalancing in the local bourse while the peso finished sideways against the US dollar. The main equities index shed 0.64 percent, or 44.44 points, to 6,906.86 points. All Shares went down by 0.37 percent, or 16.33 points, to 4,338.52 points. Most of the sectoral counters also finished the week on the red and these are Services, 1.82 percent; Holding Firms, 1.06 percent; Property, 0.18 percent; and Industrial, 0...

MANILA - The local stock barometer finished Thursday in the negative territory as investors trooped back to the US and other Asian bourses, but the peso gained against the US dollar. After rising to the 7,000-level on Wednesday, the Philippine Stock Exchange index (PSEi) shed 1.50 percent, or 106.15 points, to 6,951.30 points. All Shares also slid by 1.23 percent, or 54.29 points, to 4,354.85 points. Majority of the sectoral indexes tracked the main gauge, with Services posting the biggest drop ...

MANILA - Risk-on sentiments reigned in the local bourse on Wednesday, with the main index rising to the 7,000-level, but the peso weakened against the US dollar. The main equities index increased by 1.09 percent, or 76.21 points, to 7,057.45 points. All Shares also gained during the day after it rose by 1.17 percent, or 50.97 points, to 4,409.14 points. The Property index posted the highest jump at 2.36 percent and was trailed by Services, 2.32 percent; Mining and Oil, 1.42 percent; Financials, ...

MANILA - Lower-than-expected domestic inflation last September partly lifted the Philippine Stock Exchange index (PSE) while the peso kept its footing against the US dollar. The main equities index rose by 0.29 percent, or 20.35 points, to 6,981.24 points. All Shares inched up by 0.23 percent, or 9.98 points, to 4,358.17 points. Most of the sectoral indexes also gained during the day with Services rising by 1.01 percent; Industrial, 0.60 percent; Holding Firms, 0.43 percent; and Mining and Oil, ...

MANILA - The local stock barometer started the week higher as overseas investors continued to worry about China's real estate developer Evergrande issue, but the peso ended the day sideways against the greenback. "Philippine shares were traded higher as investors sought refuge from regions being sold down due to the Evergrande debacle," said Luis Limlingan, Regina Capital Development Corporation head of sales. Limlingan said among the factors that will play a part in the week's...

MANILA - The Philippines' main equities index ended the week in the red following the higher-than-expected jobless claims in the United States, but the peso strengthened against the US dollar. After a two-day rally, the Philippine Stock Exchange index (PSEi) shed 0.42 percent, or 29.28 points, to 6,923.60 points. All Shares, on the other hand, moved sideways with a rise of 0.02 percent, or 0.67 points, to 4,326.51 points. The majority of the sectoral indexes also gained during the day - Mini...

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