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Saturday, April 27, 2024

Stocks

Stocks rise on bargain-hunting ahead of Q1 net income reports

Local share prices ended the week in the green, bucking the Wall Street’s decline, with the main composite index returning to the 6,600 level. The 30-company Philippine Stock Exchange index closed at 6,628.75 Friday, up by 53.87 points, or 0.82 percent from Thursday, while the broader all-shares index rose 24.78 points, or 0.71 percent, to finish at 3,492.7. Regina Capital Development Corp. head of sales Luis Limlingan said the local shares...

Stocks advance; peso dips to 57.78 a dollar

Stocks rose, but the Philippine peso fell to a new 17-month low...

SEC issues rules for cornerstone investors in IPOs

The Securities and Exchange Commission (SEC) laid down the guidelines for cornerstone...

Stocks climb as US production data bolster hopes of Fed monetary easing

The Philippine stock market rose Wednesday following the strong showing by US...

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Stock market likely to drop this week

Share prices are expected to move on a downward trend this week on the possibility that Metro Manila could be placed at an even...

Stocks sink; Puregold, AC Energy lead losers

The stock market sank Friday over worries the economic recovery may stall on further mobility restrictions as daily COVID-19 cases continue to pile up. The...

Stocks flat; AC Energy and Security Bank slip

The stock market closed virtually flat Thursday as nervous investors stayed on the sidelines amid soaring daily COVID-19 cases in the country. The Philippine Stock...

Stock market up on lower inflation rate; PLDT climbs

Stocks rose Wednesday on bargain hunting and a government report showing the inflation rate in December  eased to a one-year low of 3.6 percent...

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