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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…
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…
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…
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…
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