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(PNA file photo) MANILA - The Philippines' main stocks index reversed its gains on Tuesday and finished the day in the red but maintained its sideways close against the greenback. After several days of rally, the Philippine Stock Exchange index (PSEi) shed 0.70 percent, or 47.64 points, to 6,774.68 points. All Shares followed with a drop of 0.72 percent, or 26.16 points, to 3,606.91 points. It was a mix among the sectoral counters but most tracked the main index. Those that declined during the day are Services, 1.87 percent; Property, 1.42 percent; Industrial, 1.07 percent; and Holding Fir...

MANILA - Positive earnings reports by listed firms here and overseas boosted the Philippines' main stocks index to the 6,8000-level on Monday and the peso mirrored it. The Philippine Stock Exchange index (PSEi) rose by 1.43 percent, or 96.18 points, to 6,822.32 points. All Shares followed with a jump of 1.03 percent, or 36.94 points, to 3,633.07 points. Most of the sectoral indices also gained during the day namely Holding Firms, 2.51 percent; Mining and Oil, 2.09 percent; Financials, 1.95 percent; Property, 1.08 percent; and Industrial, 0.18 percent. Only the Services index finished the d...

UP. Risk-on sentiments again lifted the Philippines' main stocks index on Friday (May 27, 2020) despite the larger decline in the US' 2022 first-quarter growth estimates to 1.5 percent. The positive sentiments in the local bourse helped buoy the local currency against the US dollar. (PNA file photo) MANILA - Risk-on sentiments reigned in the local bourse on Friday, resulting in another increase for the main stocks index, while the peso again finished the trade sideways against the US dollar. The Philippine Stock Exchange index (PSEi) increased by 1.21 percent, or 80.62 points, to 6,726...

(PNA file photo) MANILA - Continued hawkish tone from the Federal Reserve resulted to another uptick in the Philippines' main equities index on Thursday and the peso continued to remain firm against the greenback. The Philippine Stock Exchange index (PSEi) rose by 0.72 percent, or 47.76 points, to 6,645.52 points. All Shares followed with an increase of 0.41 percent, or 14.61 points, to 3,568.65 points. Most of the sectoral indices also gained during the day namely Services, 1.71 percent; Industrial, 1.53 percent; Financials, 0.93 percent; and Holding Firms, 0.14 percent. On the other hand...

MANILA - Philippines shares recovered on Wednesday despite global economic slowdown worries and the peso sustained its sideways close against the US dollar. The Philippine Stock Exchange index (PSEi) gained 0.31 percent, or 20.31 points, to 6,597.76 points. All Shares rose by 0.10 percent, or 3.64 points, to 3,554.04 points. However, most of the sectoral indices finished on the red namely Mining and Oil, 0.43 percent; Property, 0.40 percent; Services, 0.39 percent; and Industrial, 0.06 percent. On the other hand, Holding Firms rose by 1.18 percent and Financials by 0.56 percent. Volume reached...