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MANILA - Bargain hunting again lifted the main stocks index on Thursday while the peso finished the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 1.04 percent, or 73.18 points, to 7,082.61 points. All Shares followed with a jump of 0.93 percent, or 34.60 points, to 3,759.35 points. Most of the sectoral gauges also rose during the day with Mining and Oil gaining by 4.92 percent; Holding Firms, 2.25 percent; Services, 1.65 percent; and Industrial, 0.93 perc...

MANILA - The Philippines' main stocks gauge managed to end the day up amidst expectations for more hikes in the Federal Reserve's key rates and the Ukraine-Russia conflict while the peso kept its footing against the greenback. The Philippine Stock Exchange index (PSEi) ended the day flat after rising by 0.007 percent, or 0.49 points, to 7,009.43 points. All Shares jumped by 0.24 percent, or 8.96 points, to 3,724.75 points. Half of the sectoral indices gained during the day namely Industr...

MANILA - Bargain hunting lifted the main stocks index on Tuesday while the peso finished the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.75 percent, or 52.34 points, to 7,008.94 points. All Shares jumped by 0.49 percent, or 18.16 points, to 3,715.79 points. Majority of the sectoral gauges also finished the day with gains namely Financials, 2.08 percent; Services, 1.32 percent; Property, 0.66 percent, and Holding Firms, 0.11 percent. On the other hand,...

MANILA - The main equities index and the peso ended the week in the negative Friday due partly to the hike in the Federal Reserve's key rates and the ongoing conflict between Ukraine and Russia. After a three-day rally, the Philippine Stock Exchange index (PSEi) shed 1.61 percent, or 114.82 points, to 7,007.63 points. All Shares followed with a decline of 1.11 percent, or 41.92 points, to 3,718.04 points. Most of the sectoral counters also ended the week down, namely Financials, 2.54 percent...

MANILA - Risk-on sentiments buoyed the local stock barometer on Thursday and this benefited the local currency. The Philippine Stock Exchange index (PSEi) rose by 1.37 percent, or 96 points, to 7,122.45 points. All Shares gained 1.25 percent, or 46.28 points, to 3,759.96 points. Most of the sectoral indices tracked the main index namely Financials, 3.39 percent; Services, 1.90 percent; Property, 1.31 percent; Holding Firms, 0.64 percent; and Industrial, 0.52 percent. Only the Mining and Oil inde...

MANILA - Both the main equities index and the local currency posted gains on Wednesday due partly to the decline of oil prices in the international market to below USD100 per barrel. The Philippine Stock Exchange index (PSEi) rose by 0.09 percent, or 6.53 points, to 7,026.45 points. All Shares increased by 0.53 percent, or 19.61 points, to 3,713.68 points. Most of the sectoral indices followed the main index with Mining and Oil rising by 2.21 percent; Industrial, 1.74 percent; Services, 0.55 per...

MANILA - Bargain hunting lifted the main stocks gauge on Tuesday while the peso closed the day sideways against the US dollar ahead of the Federal Reserve's rate decision announcement. The Philippine Stock Exchange index (PSEi) gained 2.98 percent, or 202.97 points, to 7,019.92 points. All Shares followed with a jump of 1.53 percent, or 55.58 points, to 3,694.07 points. Most of the sectoral counters also improved during the day - Property, 3.51 percent; Financials, 3.07 percent; Holding Firm...

MANILA - Both the Philippine Stock Exchange index (PSEi) and peso closed Thursday's trading with gains as global oil prices cooled off. The PSEi ended the day improving by 1.92 percent, or 134.92 points, to 7,124.80. All shares increased by 1.38 percent, or 51.47 points, closing at 3,783.82. All counters ended in the green except Mining and Oil, which declined by 1.65 percent, or 226.03 points to 13,483.12. The big winner during the day was Holding Firms, up by 2.94 percent, or 194.78 points...

MANILA - Escalation of the Ukraine-Russia conflict resulted in the negative close of both the main stocks gauge and the peso on Monday. The Philippine Stock Exchange index (PSEi) shed 0.73 percent, or 53.94 points, to 7,288.07 points. All Shares also declined by 0.73 percent, or 28.54 points, to 3,866.98 points. Most of the sectoral indices also finished the day in the negative territory namely Industrial, 2.44 percent; Financials, 1.08 percent; Holding Firms, 0.72 percent; Services, 0.18 percen...

MANILA - Worries about the Ukraine-Russia conflict continued to hit both the local bourse and the currency on Friday. The Philippine Stock Exchange index (PSEi) shed further by 0.62 percent, or 46.08 points, to 7,342.01 points. All Shares followed with a drop of 0.58 percent, or 22.9 points, to 3,895.52 points. Most of the sectoral gauges also ended the week on the red namely Holding Firms, 1.25 percent; Industrial, 1.03 percent; Services, 0.50 percent; and Financials, 0.18 percent. On the other...