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MANILA - The local bourse main index rebounded on Monday amidst the geopolitical concerns overseas while the peso finished the trade sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 1.37 percent, or 98.78 points, to 7,311.01 points. All Shares followed with a jump of 1.20 percent, or 46.24 points, to 3,889.09 points. Property led the sectoral gauges with an increase of 4.06 percent, and was trailed by the Mining and Oil, 2.77 percent; Industrial, 2.43 percent; Holding Firms, 0.72 percent; and Financials, 0.11 percent. Services is the only index that finished t...

MANILA - Heightened concerns on the geopolitical tensions surrounding Russia and Ukraine further dampened investors' sentiments, resulting in the negative close of both the local stock barometer and the peso on Thursday. The Philippine Stock Exchange index (PSEi) declined by 2.06 percent, or 151.98 points, to 7,212.23 points. All Shares followed with a drop of 1.91 percent, or 75.01 points, to 3,842.85 points. Majority of the sectoral gauges also finished the day in the negative territory with Industrial declining 2.85 percent; Property, 2.60 percent; Financials, 1.94 percent; Services, 1....

MANILA - Geopolitical concerns overseas continued to hurt the local stock barometer and resulted in its negative close on Wednesday but the peso gained against the US dollar. The Philippine Stock Exchange index (PSEi) lost 1.03 percent, or 76.7 points, to 7,364.21 points. All Shares dropped by 0.52 percent, or 20.65 points, to 3,917.86 points. Most of the sectoral indices also tracked the main gauge with Property declining 2.17 percent; Holding Firms, 0.78 percent; Industrial, 0.75 percent; and Financials, 0.53 percent. On the other hand, Services gained 0.23 percent and Mining and Oil by 0.12...

MANILA - The main stocks index rebounded on Tuesday on news about a possible ceasefire in the Russia-Ukraine conflict while the peso continued its sideways close against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.93 percent, or 68.66 points, to 7,440.91 points. All Shares followed with a jump of 0.56 percent, or 21.85 points, to 3,938.51 points. Most of the sectoral indices also gained during the day, namely Holding Firms, 1.91 percent; Mining and Oil, 1.86 percent; Services, 1.14 percent; and Industrial, 0.45 percent. On the other hand, Property declined by 0.22 perce...

MANILA - Geopolitical concerns between the United States and Russia over Ukraine continued to worry investors, resulting in the negative close of the Philippine Stock Exchange index (PSEi) on Monday but the peso remained firm against the US dollar. The main equities index fell by 0.63 percent, or 46.54 points, to 7,372.25 points. All Shares shed 0.18 percent, or 7.03 points, to 3,916.66 points. Half of the sectoral gauges tracked the main index - Holding Firms, 2.38 percent; Services, 1.07 percent; and Industrial, 0.97 percent. On the other hand, Property rose by 2.14 percent, Mining and Oil b...