Philippine stocks ended the week in the green, after a seven-day losing streak on bargain hunting.
The benchmark Philippine Stock Exchange index (PSEi) rose 10.78 points, or 0.17 percent, to close at 6,406.38, while the wider all-shares index gained 4.08 points, or 0.11 percent, to finish at 3,675.83.
The peso also rebounded to 58.81 against the US dollar Friday from a record low of 59 Thursday.
Rizal Commercial Banking Corp. chief economist...
Philippine stocks ended the week in the green, after a seven-day losing streak on bargain hunting.
The benchmark Philippine Stock Exchange index (PSEi) rose 10.78 points, or 0.17 percent, to close at 6,406.38, while the wider all-shares index gained 4.08 points, or 0.11 percent, to finish at 3,675.83.
The peso also rebounded to 58.81 against the US dollar Friday from a record low of 59 Thursday.
Rizal Commercial Banking Corp. chief economist...
Philippine stocks ended lower Thursday, mirroring the mixed results of other markets as investors digest the latest US inflation report.
The Philippine Stock Exchange index...
Philippine stocks declined Wednesday as investors turned cautious ahead of the release of US inflation report which will be a key indicator for possible...
Philippine stocks rebounded Tuesday to close above the 6,700 level on continued strengthening of the peso against the US dollar and positive developments overseas.
The...
