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MANILA - The Philippines' main equities index finished the week on the red on Ukraine-Russia concerns but the peso managed to finish sideways against the greenback. The Philippine Stock Exchange index (PSEi) shed 0.27 percent, or 20.14 points, to 7,418.79 points. All Shares also declined by 0.27 percent, or 10.62 points, to 3,923.69 points. A majority of the sectoral indices also finished the week on the red, led by Industrial at 0.85 percent. It was trailed by Holding Firms, 0.57 percent; Services, 0.50 percent; and Financials, 0.30 percent. On the other hand, Property rose by 1.16 percen...

MANILA - News about the possible Federal Reserve rate decision and the Ukraine-Russia geopolitical concerns resulted in the negative close of the local stock barometer on Thursday, but the peso finished sideways against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.19 percent, or 13.89 points, to 7,438.93 points. All Shares, on the other hand, gained 0.10 percent, or 3.77 points, to 3,934.31 points. Half of the sectoral gauges also finished the day on the red namely Property which declined 0.62 percent; Holding Firms, 0.15 percent; and Financials, 0.05 percent. Services gain...

MANILA - Optimism returned to the local bourse on Wednesday on news about the easing of tensions between Ukraine and Russia while the peso strengthened against the US dollar. The Philippine Stock Exchange index (PSEi) gained 1.95 percent, or 142.88 points, to 7,452.82 points. All Shares tracked the main gauge with a jump of 1.82 percent, or 70.34 points, to 3,930.54 points. Property led the sector indices with an increase of 3.99 percent, followed by Services, 2.40 percent; Industrial, 1.70 percent; Mining and Oil, 1.64 percent; Holding Firms, 1.06 percent; and Financials, 0.69 percent. Volume...

MANILA - The Philippine Stock Exchange index (PSEi) finished the trade down anew on Tuesday partly on the Federal Reserve rate direction and the Ukraine-Russia tension, while the peso closed the day sideways against the US dollar. The main equities index shed 0.70 percent, or 51.21 points, to 7,309.94 points. All Shares followed with a drop of 0.84 percent, or 32.74 points, to 3,860.20 points. Most of the sectoral indices also declined during the day, namely Property, 2.21 percent; Industrial, 1.32 percent; Financials, 0.91 percent, and Services, 0.86 percent. On the other hand, Mining and Oil...

Philippine Stock Exchange (File photo) MANILA - The acceleration of United States' consumer price index (CPI) to 7.5 percent in January 2022 - the highest since 1982 - hurt both the Philippine Stock Exchange index and the peso on Friday. The main equities index shed 2.18 percent, or 162.26 points, to 7,270.36 points. All Shares declined by 1.34 percent, or 52.61 points, to 3,872.13 points. Only the Property index gained during the day after it rose by 0.21 percent. Services led the sectoral counters in terms of contraction after it dropped by 3.53 percent. Trailing were Holding Firms, 2.77...