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MANILA - Bargain hunting lifted the Philippine Stock Exchange index (PSEi) on Tuesday while the peso finished the day sideways against the US dollar. The main stocks index inched up by 0.49 percent, or 35.57 points, to 7,288.21 points. All Shares also rose by 0.44 percent, or 16.97 points, to 3,864.48 points. Most of the sectoral indexes also gained during the day with the Industrial index rising by 1.02 percent; Services, 0.73 percent; Property, 0.63 percent; and Holding Firms, 0.31 percent. On the other hand, Mining and Oil dropped by 0.98 percent and Financials by 0.02 percent. Volume reach...

MANILA - The Philippine Stock Exchange index (PSEi) ended the week's first trading day in the negative territory ahead of the Federal Reserve meeting while the peso kept its footing against the US dollar. The main stocks index shed 0.56 percent, or 40.88 points, to 7,252.64 points. All Shares went down by 0.57 percent, or 21.89 points, to 3,847.51 points. All the sectoral indexes also contracted during the day, led by the Financials after it slipped by 1.27 percent. It was trailed by the Mining and Oil which declined by 1.22 percent; Holding Firms, 0.68 percent; Services, 0.57 percent; Ind...

MANILA - Bargain hunting lifted the local bourse on Friday following its negative close in recent days while the peso ended the week sideways against the greenback. The Philippine Stock Exchange index (PSEi) rose by 0.75 percent, or 52.24 points, to 7,293.52 points. All Shares jumped by 0.35 percent, or 13.56 points, to 3,869.40 points. On the other hand, most of the sectoral counters finished the week in the red - Mining and Oil, 0.70 percent; Services, 0.45 percent; Financials, 0.37 percent; and Industrial, 0.17 percent. Property and Holding Firms, meanwhile, rose by 1.74 percent and 1.41 pe...

MANILA - The sustained rise of US bond yields continued to hurt the local stock barometer on Thursday, but the peso took a breather against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.31 percent, or 22.26 points, to 7,239.28 points. All Shares moved sideways after it rose by 0.02 percent, or 0.59 points, to 3,855.84 points. Half of the sectoral counters tracked the main index, with Property declining by 1.72 percent; Services, 0.68 percent; and Holding Firms, 0.12 percent. On the other hand, Mining and Oil rose by 3.25 percent, Financials by 0.97 percent, and Industrial by...

MANILA - The main stock gauge returned to the negative territory on Wednesday after a recovery in the previous session on volatile trading overseas, while the peso managed to close the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) shed 1.12 percent, or 82.42 points, to 7,261.54 points. All Shares followed with a drop of 0.70 percent, or 27.15 points, to 3,855.25 points. The majority of the sectoral indexes tracked the main index, with Property declining by 1.76 percent; Financials, 1.38 percent; Services, 1.15 percent; and Holding Firms, 1.03 percent. On the ot...