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MANILA - Both the main equities index and the local currency posted gains on Wednesday due partly to the decline of oil prices in the international market to below USD100 per barrel. The Philippine Stock Exchange index (PSEi) rose by 0.09 percent, or 6.53 points, to 7,026.45 points. All Shares increased by 0.53 percent, or 19.61 points, to 3,713.68 points. Most of the sectoral indices followed the main index with Mining and Oil rising by 2.21 percent; Industrial, 1.74 percent; Services, 0.55 percent; and Holding Firms, 0.09 percent. Property fell 0.95 percent and Financials by 0.41 percent. Vo...

MANILA - Bargain hunting lifted the main stocks gauge on Tuesday while the peso closed the day sideways against the US dollar ahead of the Federal Reserve's rate decision announcement. The Philippine Stock Exchange index (PSEi) gained 2.98 percent, or 202.97 points, to 7,019.92 points. All Shares followed with a jump of 1.53 percent, or 55.58 points, to 3,694.07 points. Most of the sectoral counters also improved during the day - Property, 3.51 percent; Financials, 3.07 percent; Holding Firms, 2.95 percent; Industrial, 2.05 percent; and Services, 0.72 percent. Only Mining and Oil finished ...

MANILA - Both the Philippine Stock Exchange index (PSEi) and peso closed Thursday's trading with gains as global oil prices cooled off. The PSEi ended the day improving by 1.92 percent, or 134.92 points, to 7,124.80. All shares increased by 1.38 percent, or 51.47 points, closing at 3,783.82. All counters ended in the green except Mining and Oil, which declined by 1.65 percent, or 226.03 points to 13,483.12. The big winner during the day was Holding Firms, up by 2.94 percent, or 194.78 points. This was followed by Industrial, up 172.81 points; Services, 34.99 points; Financials, 23.61 point...

MANILA - Escalation of the Ukraine-Russia conflict resulted in the negative close of both the main stocks gauge and the peso on Monday. The Philippine Stock Exchange index (PSEi) shed 0.73 percent, or 53.94 points, to 7,288.07 points. All Shares also declined by 0.73 percent, or 28.54 points, to 3,866.98 points. Most of the sectoral indices also finished the day in the negative territory namely Industrial, 2.44 percent; Financials, 1.08 percent; Holding Firms, 0.72 percent; Services, 0.18 percent; and Property, 0.14 percent. Only Mining and Oil rose during the day with a jump of 6.54 percent. ...

MANILA - Worries about the Ukraine-Russia conflict continued to hit both the local bourse and the currency on Friday. The Philippine Stock Exchange index (PSEi) shed further by 0.62 percent, or 46.08 points, to 7,342.01 points. All Shares followed with a drop of 0.58 percent, or 22.9 points, to 3,895.52 points. Most of the sectoral gauges also ended the week on the red namely Holding Firms, 1.25 percent; Industrial, 1.03 percent; Services, 0.50 percent; and Financials, 0.18 percent. On the other hand, Mining and Oil rose by 0.40 percent and Property by 0.11 percent. Volume reached 1.33 billion...