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MANILA - Risk-on sentiments reigned in the local bourse on Wednesday partly due to the decline of US Treasury rates while the local currency finished the trade sideways against the greenback despite touching the 50-level mid-trade. The Philippine Stock Exchange index (PSEi) rose by 1.83 percent, or 129.44 points, to 7,215.13 points. All Shares followed with a jump of 1.44 percent, or 54.45 points, to 3,829.91 points. The Mining and Oil index posted the highest increase among the sectoral indexes after it climbed by 3.40 percent. It was trailed by the Property, 3.26 percent; Financials, 1.85 pe...

MANILA - The Philippine Stock Exchange index (PSEi) ended Tuesday in the negative territory ahead of the release of some major economic reports in the US but the peso gained against the US dollar. After several days of rally, the main equities gauge declined by 0.77 percent, or 54.98 points, to 7,085.69 points. All the other counters also finished the day down, with the All Shares lower by 0.64 percent, or 24.42 points, to 3,775.46 points. The Mining and Oil index registered the biggest decrease with 1.37 percent and was followed by the Property, 1.29 percent; Industrial, 0.89 percent; Holding...

MANILA - Bargain hunting lifted the Philippine Stock Exchange index (PSEi) on Monday while the peso remained firm against the US dollar. The main stock gauge rose by 1.85 percent, or 129.56 points, to 7,140.67 points. It was trailed by all other counters, with the All Shares up by 1.45 percent, or 54.27 points, to 3,799.88 points. The Property index led the sectoral indices after it jumped by 2.78 percent, It was followed by the Financials, 2.76 percent; Industrial, 1.69 percent; Mining and Oil, 1.51 percent; Holding Firms, 1.44 percent; and Services, 0.83 percent. Volume totaled 745.53 millio...

MANILA - The Philippine Stock Exchange index (PSEi) ended sideways Thursday partly on a slower December 2021 domestic inflation rate, while the peso weakened against the greenback. The main stocks index slipped by 0.08 percent, or 5.88 points, to 7,085.52 points. This was the theme for most of the counters, with All Shares down by 0.44 percent, or 16.59 points, to 3,777.58 points. Services registered the biggest drop among the sectoral indexes after it fell by 1.36 percent. Trailing behind were Mining and Oil, 1.02 percent; Industrial, 0.91 percent; Financials, 0.70 percent; and Property, 0.04...

MANILA - The Philippine Stock Exchange index (PSEi) gained on Wednesday on lessened worries on the coronavirus disease 2019 (Covid-19) Omicron variant and the peso followed suit. The main stocks index rose by 0.71 percent, or 50.13 points, to 7,091.40 points. All Shares trailed with a jump of 0.43 percent, or 16.27 points, to 3,794.17 points. Majority of the sectoral indexes also rose during the day, with the Services rising by 1.26 percent; Financials, 1.20 percent; Mining and Oil, 0.76 percent; and Holding Firms, 0.65 percent. On the other hand, the Property and Industrial indexes moved side...