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MANILA - The release of economic data this week, which are expected to impact Federal Reserve's rate decisions, dampened the local stock barometer on Tuesday but the peso managed to keep its footing against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.27 percent, or 19.27 points, to 7,115.09 points. All Shares slipped by 0.30 percent, or 11.52 points, to 3,770.53 points. Most of the sectoral gauges tracked the main index namely Mining and Oil, 3.99 percent; Holding Firms, 0.71 percent; Services, 0.49 percent; and Property, 0.22 percent. On the other hand, Industrial ros...

MANILA - Bargain hunting allowed the Philippine Stock Exchange index (PSEi) to finish Monday in a positive territory anew while the peso ended sideways against the US dollar. The local stock barometer rose by 0.13 percent, or 9.52 points, to 7,134.36 points. All Shares followed with a jump of 0.20 percent, or 7.46 points, to 3,782.05 points. Two of the sectoral gauges tracked the main index namely Industrial, 0.84 percent; and Holding Firms, 0.48 percent. However, most of the sectoral indices slipped during the day namely Mining and Oil, 0.87 percent; Services, 0.45 percent; Property, 0.24 per...

MANILA - Both the main stocks index and the peso gained on Friday partly on improvement of jobless claims in the US, which posted its lowest since 1969. The Philippine Stock Exchange index (PSEi) rose by 0.60 percent, or 42.23 points, to 7,124.84 points. All Shares followed with a jump of 0.41 percent, or 15.24 points, to 3,774.59 points. Most of the sectoral indices also gained during the day including Financials, 1.27 percent; Services, 1.24 percent; Holding Firms, 0.39 percent; and Industrial, 0.37 percent. On the other hand, Mining and Oil fell by 0.57 percent and Property by 0.26 percent....

MANILA - Bargain hunting again lifted the main stocks index on Thursday while the peso finished the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 1.04 percent, or 73.18 points, to 7,082.61 points. All Shares followed with a jump of 0.93 percent, or 34.60 points, to 3,759.35 points. Most of the sectoral gauges also rose during the day with Mining and Oil gaining by 4.92 percent; Holding Firms, 2.25 percent; Services, 1.65 percent; and Industrial, 0.93 percent. On the other hand, Property slipped by 0.53 percent and Financials by 0.008 percent. Volume rea...

MANILA - The Philippines' main stocks gauge managed to end the day up amidst expectations for more hikes in the Federal Reserve's key rates and the Ukraine-Russia conflict while the peso kept its footing against the greenback. The Philippine Stock Exchange index (PSEi) ended the day flat after rising by 0.007 percent, or 0.49 points, to 7,009.43 points. All Shares jumped by 0.24 percent, or 8.96 points, to 3,724.75 points. Half of the sectoral indices gained during the day namely Industrial, 1.81 percent; Mining and Oil, 0.62 percent; and Property, 0.10 percent. On the other hand, Hold...