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MANILA - The Philippines Stock Exchange index (PSEi) closed higher Wednesday as investors bet on positive earnings reports of listed firms in the United States while the peso ended sideways against the greenback. The local stock barometer went up by 0.42 percent, or 30.77 points, to 7,297.08 points. All Shares inched up by 0.33 percent, or 14.84 points, to 4,466.24 points. Most of the sectoral indexes also gained during the day, namely the Holding Firms, 0.79 percent; Industrial, 0.49 percent; Property, 0.46 percent; and Services, 0.07 percent. On the other hand, Mining and Oil fell by 2.52 pe...

MANILA - The main stocks index closed sideways on Monday as investors awaited new economic data from the United States while the peso weakened against the greenback. The Philippine Stock Exchange index (PSEi) rose 0.09 percent, or 6.35 percent, to 7,219.81 points. All Shares went down by 0.40 percent, or 17.88 points, to 4,430.93 points. Half of the sectoral indexes gained during the day including Property, 1.41 percent; Financials, 0.70 percent; and Mining and Oil, 0.19 percent. Those that closed in the negative territory were Services, 1.21 percent; Holding Firms, 0.46 percent; and Industria...

MANILA - The Philippines' main equities index finished the week up on positive earnings reports by listed firms but the peso depreciated against the US dollar. The Philippine Stock Exchange index (PSEi) gained 0.42 percent, or 30.35 points, to 7,213.46 points. All Shares followed with a jump of 0.11 percent, or 4.86 points, to 4,448.81 points. The majority of the sectoral gauges also gained during the day. These are Mining and Oil, 2.08 percent; Services, 1.07 percent; Financials, 0.68 percent; Property, 0.27 percent; and Industrial, 0.08 percent. Only Holding Firms finished in the red aft...

MANILA - Risk-on sentiments reigned in the local bourse on Thursday following the easing of National Capital Region's (NCR) pandemic alert to Level 3 starting October 16, while the peso ended sideways against the greenback. After hitting a downward path in the past days, the Philippine Stock Exchange index (PSEi) gained 1.62 percent, or 114.19 points, to 7,183.11 points. All Shares rose by 0.92 percent, or 40.69 points, to 4,443.95 points. Holding Firms led the sectoral counters after it jumped by 2.28 percent and was trailed by the Property, 2 percent; Industrial, 1.80 percent; Services, ...

MANILA - A wait-and-see stance on the release of the United States' September 2021 consumer price index (CPI) and earnings report of major US-listed firms dragged the local main equities index on Wednesday but the peso gained against the greenback. The Philippine Stock Exchange index (PSEi) turned negative towards the end of the session after it fell 0.55 percent, or 38.9 points, to 7,068.92 points. All Shares followed with a decline of 0.38 percent, or 16.81 points, to 4,403.26 points. Half of the sectoral counters tracked the main gauge, namely the Industrial, 1.80 percent; Holding Firms...