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MANILA - The Philippine Stock Exchange index (PSEi) slipped by 1.07 percent, or 77.56 points, to 7,200.88 Monday as the new coronavirus disease 2019 (Covid-19) variant continues to bring concerns among investors. All shares went down by 0.86 percent, or 33.26 points, to 3,838.13. All counters ended in the negative territory, except for the Services index, which rose by 0.51 percent, or 10 points, to 1,986.48. "Philippine shares plunged to end the month of November as the new Covid-19 variant found in South Africa triggered a global shift away from risk assets. Heading into the week, Covid...

MANILA - The Philippine Stock Exchange index (PSEi) ended Thursday in the negative territory due to profit-taking but the peso ended the day sideways against the US dollar. The local stock barometer slipped by 0.67 percent, or 49.83 points, to 7,369.27 points. All Shares declined by 0.57 percent, or 22.27 points, to 3,913.27 points. Most of the sectoral indexes also finished the day down and these include the Holding Firms, 1.12 percent; Financials, 0.75 percent; Services, 0.48 percent; and Property, 0.39 percent. On the other hand, Mining and Oil index rose by 0.60 percent and Industrial by 0...

MANILA - Investors took note of the US government's plan to help address jumps in global oil prices and this boosted sentiments in the local bourse on Wednesday which was mirrored by the peso. The main equites gauge inched up further by 0.24 percent, or 17.94 points, to 7,419.10 points. All Shares, meanwhile, slipped by 0.05 percent, or 2.1 points, to 3,935.54 points. Most of the sectoral indexes also declined during the day and these were the Industrial, 0.65 percent; Financials, 0.26 percent; Mining and Oil, 0.22 percent; and Services, 0.17 percent. Meanwhile, Property rose by 1.17 perce...

MANILA - Bargain hunting led to positive close of all gauges in the local bourse on Tuesday while the peso kept its footing against the US dollar. The Philippine Stock Exchange index (PSEi) gained 1.63 percent, or 118.49 points, to 7,401.16 points. All Shares jumped by 1.51 percent, or 58.69 points, to 3,937.64 points. Services led the sectoral gauges after it increased by 2.32 percent. It was followed by the Financials, 2.27 percent; Mining and Oil, 2.11 percent; Holding Firms, 1.90 percent; Property, 0.98 percent; and Industrial, 0.82 percent. Volume reached 1.55 billion shares amounting to ...

MANILA - The Philippine Stock Exchange index (PSEi) ended Monday's trade sideways in line with its counterparts in the region ahead of the Thanksgiving holiday in the US, but the peso weakened against the greenback. The main equities index rose by 0.03 percent, or 2.10 points, to 7,282.67 points. All Shares increased by 0.02 percent, or 0.84 points, to 3,878.95 points. Most of the sectoral indexes finished the day on the red and these are led by the Industrial, which slipped by 0.30 percent. Services, Property, and Holding Firms declined by 0.17 percent, 0.15 percent, and 0.09 percent, res...