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MANILA - The main equities index turned negative on Wednesday as investors preferred to focus overseas but the peso was little changed against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.30 percent, or 21.95 points, to 7,230.15 points. All Shares dipped by 0.06 percent, or 2.7 points, to 4,453.82 points. Half of the sectoral indexes also finished the day in the red with the Holding Firms declining by 1.66 percent; Services, 0.39 percent; and Mining and Oil, 0.28 percent. On the other hand, Industrial gained by 1.81 percent, Property by 0.59 percent, and Financials by 0.20 ...

MANILA - Bargain hunting lifted the Philippines' main stocks gauge on Tuesday and the peso managed to close the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.56 percent, or 40.56 points, to 7,252.10 points. Also, All Shares jumped by 0.44 percent, or 19.68 points, to 4,456.52 points. The majority of the sectoral indexes tracked the main index led by the Services, 1.90 percent and was followed by the Industrial, 1 percent; Financials, 0.52 percent; Mining and Oil, 0.48 percent; and Holding Firms, 0.35 percent. Only the Property index finished the d...

MANILA - The Philippines' main equities index ended the week on the red due to correction after days of rally but the peso kept its footing against the greenback. The Philippine Stock Exchange index (PSEi) lost 0.30 percent, or 22.11 points, to 7,289.61 points. All Shares followed with a decline of 0.27 percent, or 12.22 points, to 4,462.70 points. Most of the sectoral indexes also went down during the day and these are the Industrial, 1.16 percent; Mining and Oil, 0.95 percent; Property, 0.42 percent; and Holding Firms, 0.40 percent. On the other hand, Financials rose by 0.63 percent and ...

MANILA - The Philippines' main stocks index rose on Thursday tracking US counterparts but the peso finished barely changed against the greenback. The Philippine Stock Exchange index (PSEi) increased by 0.20 percent, or 14.64 points, to 7,311.72 points. All Shares inched up by 0.19 percent, or 8.68 points, to 4,474.92 points. Half of the sectoral indexes also gained during the day, and these are the Mining and Oil, 2.18 percent; Holding Firms, 1.42 percent; and Industrial, 0.23 percent. On the other hand, Financials slid by 1.86 percent, Services by 0.14 percent, and Property by 0.05 percen...

MANILA - The Philippines Stock Exchange index (PSEi) closed higher Wednesday as investors bet on positive earnings reports of listed firms in the United States while the peso ended sideways against the greenback. The local stock barometer went up by 0.42 percent, or 30.77 points, to 7,297.08 points. All Shares inched up by 0.33 percent, or 14.84 points, to 4,466.24 points. Most of the sectoral indexes also gained during the day, namely the Holding Firms, 0.79 percent; Industrial, 0.49 percent; Property, 0.46 percent; and Services, 0.07 percent. On the other hand, Mining and Oil fell by 2.52 pe...