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MANILA - Bargain hunting lifted the main stocks gauge on Tuesday while the peso closed the day sideways against the US dollar ahead of the Federal Reserve's rate decision announcement. The Philippine Stock Exchange index (PSEi) gained 2.98 percent, or 202.97 points, to 7,019.92 points. All Shares followed with a jump of 1.53 percent, or 55.58 points, to 3,694.07 points. Most of the sectoral counters also improved during the day - Property, 3.51 percent; Financials, 3.07 percent; Holding Firms, 2.95 percent; Industrial, 2.05 percent; and Services, 0.72 percent. Only Mining and Oil finished ...

MANILA - The wait-and-see stance on the Federal Reserve's rate decision this week, along with concerns on the Ukraine-Russia conflict, weakened both the local stock barometer and the peso on Monday. The Philippine Stock Exchange index (PSEi) shed 4.15 percent, or 295.24 points, to 6,816.95 points. All Shares followed with a decline of 3.37 percent, or 126.87 points, to 3,638.49 points. All the sectoral gauges also finished in the negative territory, led by the Services with a contraction of 5.27 percent. Mining and Oil trailed with a drop of 4.64 percent as well as Property, 3.92 percent; ...

MANILA - The local stock barometer took a breather on Wednesday despite the volatility caused by the Ukraine-Russia problem while the local currency finished the day sideways against the US dollar. After several days of finishing in the negative territory, the Philippine Stock Exchange index (PSEi) rose by 0.17 percent, or 12.15 points, to 6,989.88 points. All Shares slid by 0.19 percent, or 7.17 points, to 3,732.35 points. Most of the sectoral gauges also finished the day up-- Financials, 1.44 percent; Services, 1.15 percent; Industrial, 0.81 percent; and Property, 0.09 percent. On the other ...

MANILA - Worries on the Ukraine-Russia conflict, along with expectations for further acceleration of inflation due to jumps in oil prices, resulted in the negative close of the local stock barometer and the peso on Tuesday. The Philippine Stock Exchange index (PSEi) shed 4.26 percent, or 310.34 points, to 6,977.73 points. All Shares declined by 3.30 percent, or 127.46 points, to 3,739.52 points. Most of the sectoral gauges also finished in the negative territory -- Financials, 5.16 percent; Holding Firms, 4.23 percent; Property, 4.08 percent; Industrial, 3.74 percent; and Services, 3.31 percen...

MANILA - Escalation of the Ukraine-Russia conflict resulted in the negative close of both the main stocks gauge and the peso on Monday. The Philippine Stock Exchange index (PSEi) shed 0.73 percent, or 53.94 points, to 7,288.07 points. All Shares also declined by 0.73 percent, or 28.54 points, to 3,866.98 points. Most of the sectoral indices also finished the day in the negative territory namely Industrial, 2.44 percent; Financials, 1.08 percent; Holding Firms, 0.72 percent; Services, 0.18 percent; and Property, 0.14 percent. Only Mining and Oil rose during the day with a jump of 6.54 percent. ...