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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...

MANILA - The Philippine Stock Exchange index (PSEi) rose on Monday, still on bargain hunting, while the peso finished the day sideways against the US dollar. The local equities index increased by 1.25 percent, or 90.79 points, to 7,361.15 points. All Shares followed with a 0.54 percent, or 20.81 points, jump to 3,892.94 points. Majority of the sectoral indices also posted gains namely Holding Firms, 1.89 percent; Financials, 1.53 percent; Property, 0.88 percent; and Services, 0.68 percent. On the other hand, Industrial declined by 0.33 percent and Mining and Oil by 0.25 percent. Volume reached...

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...

MANILA - Profit taking resulted in the negative close of the main equities index on Thursday but the local currency gained against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.93 percent, or 69.86 points, to 7,432.62 points. All Shares followed with a drop of 0.68 percent, or 26.84 points, to 3,924.74 points. Most of the sectoral gauges also finished the day's trade in the negative territory namely Holding Firms, 1.82 percent; Services, 1.70 percent; and Industrial, 0.61 percent. On the other hand, Financials moved sideways with a decline of 0.03 percent while Mining an...