Philippine stocks closed above the 6,500 level on continued bargain hunting while the peso continued to lose value to finish at 57.19 against the US dollar Thursday.
The bellwether Philippine Stock Exchange index added 73.15 points, or 1.13 percent to finish at 6,523.19, while the broader all-shares index gained 26.30 points, or 0.77 percent, to reach 3,456.32.
Rizal Commercial Banking Corp. chief economist Michael Ricafort said the index rebounded for the...
The Philippine Stock Exchange (PSE) said Tuesday it will initiate the delisting process for Abra Mining and Industrial Corp., after the company and its...
Philippine stocks continued to retreat, with the main index declining for the 8th straight trading day, on worries arising from heightened conflict in the...
The Philippine Stock Exchange (PSE) approved the P7.88-billion initial public offering of miner OceanaGold Philippines Inc.
The PSE said in a notice posted on its...
Philippine stocks are expected to move sideways with a downward bias this week amid the lack of positive news or catalysts.
Analysts said the string...
