The local stock market succumbed to profit-taking on Tuesday, closing below the 6,000 level as investors capitalized on the market’s recent run-up.
The main-share Philippine...
Sun Life Investment Management and Trust Corp. (SLIMTC) chief investment officer Michael Gerard Enriquez projects the Philippine economy will log 4 percent to 5...
Local shares sustained their rebound as the index returned to the 6,000 level on Monday on an improving outlook for the domestic economy.
The 30-company...
Share prices are expected to sustain their upward momentum and test the 6,000 level on improving investor sentiment.
Analysts said the year-end Santa Claus rally...
Share prices ended lower Tuesday on profit-taking activities following the previous day’s rally.
The weakening of the peso against the dollar and the resignation of...
Share prices rebounded strongly Monday, with the main index surging nearly 200 points as investors looked for bargains following last Friday’s steep decline.
The benchmark...
Fresh updates on corruption allegations from resigned Ako Bicol party-list Rep. Zaldy Co dragged Philippine shares back to five-year lows.
The bellwether Philippine Stock Exchange...
The Philippine market ended slightly higher on Thursday as buying pressure remained strong, with investors taking advantage of relatively cheap stock prices.
The peso closed...
Local shares continued their losing streak Tuesday, closing at 5,600 levels, the lowest in more than five years, as concerns about a significant slowdown...
Philippine shares opened the week in the red as investor confidence continued to weaken amid a drop in foreign direct investments (FDI) and concerns...
The Philippine stock market is expected to move sideways as negative sentiment continues to weigh on investor confidence, although recent steep declines could prompt...
