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MANILA -The Philippines' main stocks gauge ended the week up and this was mirrored by the local currency after the slower domestic inflation rate in October and the further easing of the quarantine classification in the National Capital Region (NCR). The Philippine Stock Exchange index (PSEi) gained 1.90 percent, or 137.05 points, to 7,340.77 points. All Shares followed with a jump of 1.21 percent, or 53.84 points, to 4,491.01 points. All the sectoral indexes also rose during the day: Property, by 3.30 percent; Services, 2.53 percent; Financials, 1.33 percent; Holding Firms, 1.29 percent; ...

MANILA - Risk-on sentiment buoyed by the earning season lifted anew the Philippine Stock Exchange index (PSEi) on Wednesday but the peso depreciated against the greenback. The main equities index rose by 1.11 percent, or 78.71 points, to 7,184.72 points. All Shares followed with a jump of 0.71 percent, or 31.05 points, to 4,433.09 points. Most of the sectoral indexes also rose during the day with the Property rising by 3.26 percent; Financials, 1.77 percent; Industrial, 0.63 percent; Holding Firms, 0.19 percent; and Services, 0.13 percent. Only the Mining and Oil finished the day in the negati...

MANILA - The Philippine Stock Exchange index (PSEi) started the shortened trading week up after several days of slides in the previous week and this performance was mirrored by the local currency. The main equities index rose by 0.73 percent, or 51.31 points, to 7,106.01 points. All Shares followed with a jump of 0.35 percent, or 15.25 points, to 4,402.04 points. Most of the sectoral indexes also gained during the day with the Holding Firms rising by 1.54 percent; Financials, 1.12 percent; Property, 0.56 percent; and Services, 0.35 percent. On the other hand, the Mining and Oil index shed 2.26...

MANILA - Profit-taking resulted in another drop in the Philippine Stock Exchange index (PSEi) on Friday but the peso appreciated against the US dollar. The PSEi lost 1.44 percent, or 103.03 points, to 7,054.70 points. This performance was mirrored by all the other indexes, with All Shares down by 0.77 percent, or 34.06 points, to 4,386.79 points. Services led the sectoral indexes in terms of decline after going down by 1.94 percent. Trailing behind were Property, 1.45 percent; Holding Firms, 1.30 percent; Financials, 1.13 percent; Industrial, 0.42 percent; and Mining and Oil, 0.09 percent. Vol...

MANILA - Risk-off sentiments resulted in another negative close to the main equities index on Thursday but the peso closed sideways to a greenback. The Philippine Stock Exchange index (PSEi) shed 1 percent, or 72.42 points, to 7,157.73 points. All Shares followed with a drop of 0.74 percent, or 32.97 points, to 4,420.85 points. Majority of the sectoral indexes also declined during the day, led by the Mining and Oil after it fell 3.56 percent. It was trailed by the Property, 2.66 percent; Holding Firms, 1.26 percent; Financials, 1.05 percent; and Industrial, 0.63 percent. Only the Services inde...