Page 7 - O 7 News Today

MANILA - Risk-on sentiments again boosted the Philippine Stock Exchange index (PSEi) on Wednesday but the peso depreciated against the US dollar. The main stock index gained 1.32 percent, or 97.34 points, to 7,458.99 points. All Shares rose by 0.74 percent, or 28.87 points, to 3,933.07 points. Most of the sectoral gauges also jumped during the day, led by Property after it increased by 3.02 percent. It was trailed by Financials, 2.50 percent; Mining and Oil, 1.08 percent; Services, 0.74 percent;...

MANILA - Federal Reserve rate hikes anticipation and reports of higher-than-expected growth of the Philippine and US economies in the last quarter of 2021 hurt the local bourse's main index on Friday but the peso improved. The Philippine Stock Exchange index (PSEi) shed 0.30 percent, or 21.55 points, to 7,251.97 points. All Shares followed with a drop of 0.14 percent, or 5.41 points, to 3,856.08 points. Most of the sectoral counters also finished the week in the red - Property, 1.70 percent;...

MANILA - Above-expectations expansion of the economy in the last quarter of 2021 pushed the local stocks gauge higher on Thursday while the peso finished sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.27 percent, or 19.91 points, to 7,273.52 points. All Shares followed with a jump of 0.14 percent, or 5.38 points, to 3,861.49 points. Most of the sectoral gauges also improved during the day, namely Financials, 1.34 percent; Services, 0.62 percent; Industrial, ...

MANILA - The wait-and-see stance on the Federal Reserve's decision this week made investors wary, resulting in the negative close of the Philippine Stock Exchange index (PSEi) on Wednesday, but the peso finished sideways against the US dollar. The main stocks index shed 0.47 percent, or 34.6 points, to 7,253.61 points due partly to the Federal Open Market Committee's (FOMC) two-day meeting from January 25 to 26. All Shares followed after it declined by 0.22 percent, or 8.37 points, to 3,...

MANILA - Bargain hunting lifted the Philippine Stock Exchange index (PSEi) on Tuesday while the peso finished the day sideways against the US dollar. The main stocks index inched up by 0.49 percent, or 35.57 points, to 7,288.21 points. All Shares also rose by 0.44 percent, or 16.97 points, to 3,864.48 points. Most of the sectoral indexes also gained during the day with the Industrial index rising by 1.02 percent; Services, 0.73 percent; Property, 0.63 percent; and Holding Firms, 0.31 percent. On...

MANILA - Bargain hunting lifted the Philippine Stock Exchange index (PSEi) on Tuesday while the peso finished the day sideways against the US dollar. The main stocks index inched up by 0.49 percent, or 35.57 points, to 7,288.21 points. All Shares also rose by 0.44 percent, or 16.97 points, to 3,864.48 points. Most of the sectoral indexes also gained during the day with the Industrial index rising by 1.02 percent; Services, 0.73 percent; Property, 0.63 percent; and Holding Firms, 0.31 percent. On...

MANILA - The Philippine Stock Exchange index (PSEi) ended the week's first trading day in the negative territory ahead of the Federal Reserve meeting while the peso kept its footing against the US dollar. The main stocks index shed 0.56 percent, or 40.88 points, to 7,252.64 points. All Shares went down by 0.57 percent, or 21.89 points, to 3,847.51 points. All the sectoral indexes also contracted during the day, led by the Financials after it slipped by 1.27 percent. It was trailed by the Min...

MANILA - Bargain hunting lifted the local bourse on Friday following its negative close in recent days while the peso ended the week sideways against the greenback. The Philippine Stock Exchange index (PSEi) rose by 0.75 percent, or 52.24 points, to 7,293.52 points. All Shares jumped by 0.35 percent, or 13.56 points, to 3,869.40 points. On the other hand, most of the sectoral counters finished the week in the red - Mining and Oil, 0.70 percent; Services, 0.45 percent; Financials, 0.37 percent; a...

MANILA - The sustained rise of US bond yields continued to hurt the local stock barometer on Thursday, but the peso took a breather against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.31 percent, or 22.26 points, to 7,239.28 points. All Shares moved sideways after it rose by 0.02 percent, or 0.59 points, to 3,855.84 points. Half of the sectoral counters tracked the main index, with Property declining by 1.72 percent; Services, 0.68 percent; and Holding Firms, 0.12 percent. O...

MANILA - The main stock gauge returned to the negative territory on Wednesday after a recovery in the previous session on volatile trading overseas, while the peso managed to close the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) shed 1.12 percent, or 82.42 points, to 7,261.54 points. All Shares followed with a drop of 0.70 percent, or 27.15 points, to 3,855.25 points. The majority of the sectoral indexes tracked the main index, with Property declining by 1.76 p...