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MANILA - Bargain hunting lifted the main stocks index on Tuesday while the peso finished the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.75 percent, or 52.34 points, to 7,008.94 points. All Shares jumped by 0.49 percent, or 18.16 points, to 3,715.79 points. Majority of the sectoral gauges also finished the day with gains namely Financials, 2.08 percent; Services, 1.32 percent; Property, 0.66 percent, and Holding Firms, 0.11 percent. On the other hand, Industrial slipped by 0.58 percent and Mining and Oil by 0.39 percent. Volume reached 1.11 billion ...

MANILA - Investors again turned cautious, resulting in the negative close of the local stock barometer after prices of oil in the international market rose anew, but the peso ended the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.73 percent, or 51.03 points, to 6,956.60 points. All Shares followed with a drop of 0.55 percent or 20.41 points, to 3,697.63 points. Majority of the sectoral indices also finished the day in the negative territory namely Mining and Oil, 2.22 percent; Industrial, 1.28 percent; Holding Firms, 1.02 percent; Property, 0.73 percent...

MANILA - The main equities index and the peso ended the week in the negative Friday due partly to the hike in the Federal Reserve's key rates and the ongoing conflict between Ukraine and Russia. After a three-day rally, the Philippine Stock Exchange index (PSEi) shed 1.61 percent, or 114.82 points, to 7,007.63 points. All Shares followed with a decline of 1.11 percent, or 41.92 points, to 3,718.04 points. Most of the sectoral counters also ended the week down, namely Financials, 2.54 percent; Industrial, 2.03 percent; Holding Firms, 1.42 percent; Services,1.16 percent; and Property, 0.21 p...

MANILA - Risk-on sentiments buoyed the local stock barometer on Thursday and this benefited the local currency. The Philippine Stock Exchange index (PSEi) rose by 1.37 percent, or 96 points, to 7,122.45 points. All Shares gained 1.25 percent, or 46.28 points, to 3,759.96 points. Most of the sectoral indices tracked the main index namely Financials, 3.39 percent; Services, 1.90 percent; Property, 1.31 percent; Holding Firms, 0.64 percent; and Industrial, 0.52 percent. Only the Mining and Oil index finished in the negative territory after it fell by 1.30 percent. Volume reached 1.43 billion shar...

MANILA - Both the main equities index and the local currency posted gains on Wednesday due partly to the decline of oil prices in the international market to below USD100 per barrel. The Philippine Stock Exchange index (PSEi) rose by 0.09 percent, or 6.53 points, to 7,026.45 points. All Shares increased by 0.53 percent, or 19.61 points, to 3,713.68 points. Most of the sectoral indices followed the main index with Mining and Oil rising by 2.21 percent; Industrial, 1.74 percent; Services, 0.55 percent; and Holding Firms, 0.09 percent. Property fell 0.95 percent and Financials by 0.41 percent. Vo...