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MANILA - Bargain hunting again lifted the main stocks index on Thursday while the peso finished the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 1.04 percent, or 73.18 points, to 7,082.61 points. All Shares followed with a jump of 0.93 percent, or 34.60 points, to 3,759.35 points. Most of the sectoral gauges also rose during the day with Mining and Oil gaining by 4.92 percent; Holding Firms, 2.25 percent; Services, 1.65 percent; and Industrial, 0.93 percent. On the other hand, Property slipped by 0.53 percent and Financials by 0.008 percent. Volume rea...

MANILA - The Philippines' main stocks gauge managed to end the day up amidst expectations for more hikes in the Federal Reserve's key rates and the Ukraine-Russia conflict while the peso kept its footing against the greenback. The Philippine Stock Exchange index (PSEi) ended the day flat after rising by 0.007 percent, or 0.49 points, to 7,009.43 points. All Shares jumped by 0.24 percent, or 8.96 points, to 3,724.75 points. Half of the sectoral indices gained during the day namely Industrial, 1.81 percent; Mining and Oil, 0.62 percent; and Property, 0.10 percent. On the other hand, Hold...

MANILA - Bargain hunting lifted the main stocks index on Tuesday while the peso finished the day sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.75 percent, or 52.34 points, to 7,008.94 points. All Shares jumped by 0.49 percent, or 18.16 points, to 3,715.79 points. Majority of the sectoral gauges also finished the day with gains namely Financials, 2.08 percent; Services, 1.32 percent; Property, 0.66 percent, and Holding Firms, 0.11 percent. On the other hand, Industrial slipped by 0.58 percent and Mining and Oil by 0.39 percent. Volume reached 1.11 billion ...

MANILA - The main equities index and the peso ended the week in the negative Friday due partly to the hike in the Federal Reserve's key rates and the ongoing conflict between Ukraine and Russia. After a three-day rally, the Philippine Stock Exchange index (PSEi) shed 1.61 percent, or 114.82 points, to 7,007.63 points. All Shares followed with a decline of 1.11 percent, or 41.92 points, to 3,718.04 points. Most of the sectoral counters also ended the week down, namely Financials, 2.54 percent; Industrial, 2.03 percent; Holding Firms, 1.42 percent; Services,1.16 percent; and Property, 0.21 p...

MANILA - Risk-on sentiments buoyed the local stock barometer on Thursday and this benefited the local currency. The Philippine Stock Exchange index (PSEi) rose by 1.37 percent, or 96 points, to 7,122.45 points. All Shares gained 1.25 percent, or 46.28 points, to 3,759.96 points. Most of the sectoral indices tracked the main index namely Financials, 3.39 percent; Services, 1.90 percent; Property, 1.31 percent; Holding Firms, 0.64 percent; and Industrial, 0.52 percent. Only the Mining and Oil index finished in the negative territory after it fell by 1.30 percent. Volume reached 1.43 billion shar...