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Last week Share prices bounced back last week as tensions in the Middle East eased, but a “high-for-longer” interest rates could dampen investors’ appetite. The benchmark Philippine Stock Exchange index gained 185.75 points, or 2.88 percent, to close at 6,628.75 points. The main index was up all week long, as…
Last week Share prices plunged last week as geopolitical tensions in the Middle East dampened investor sentiment. The benchmark Philippine Stock Exchange index fell 216.39 points to close at 6,443 points. The main index lost 4 percent during the first two days of trading, but recovered some of its losses…
Last week Share prices continued to climb last week, though trading was lackluster due to the long weekend holiday for the Holy Week commemorations. The benchmark Philippine Stock Exchange index gained 21.56 points to close at 6,903.53 points during the three-day trading week. The main index started the week on…
Local stocks retreated yesterday as investor sentiment soured following a sharp drop in foreign direct investments, bucking a global equities uptrend as traders were all but certain that the US Federal Reserve will refrain from hiking interest rates later in the day.
The active stocks were mostly up as well but some managed to end in the red