STOCKS inched down on profit taking and developments overseas despite optimism after data released on Monday showed renewed investor interest in the country.
THE main index surged to the 7,100 level on Monday on optimism about the economy’s prospects on the back of the improving coronavirus disease 2019 (COVID-19) situation in the country.
STOCKS may move sideways this week ahead of scheduled data releases from the Philippine Statistics Authority (PSA) and the Bangko Sentral ng Pilipinas (BSP) and as the country’s coronavirus disease 2019 (COVID-19) situation continues to improve.
PHILIPPINE shares finished lower on Friday as market investors went on a last-minute profit taking before the end of the trading week. The benchmark Philippine...
SHARES snapped their three-day rally on Thursday as investors pocketed gains and after Nikkei Asia’s coronavirus disease 2019 (COVID-19) recovery report put the Philippines in last place.
PHILIPPINE shares climbed past the 7,000 mark on Wednesday on the country’s improving coronavirus disease 2019 (COVID-19) situation and the slower inflation print logged in September.
PHILIPPINE shares posted gains on Tuesday on the back of a better-than-expected September inflation print and improving coronavirus disease 2019 (COVID-19) numbers.
SHARES climbed on Monday on the arrival of more coronavirus disease 2019 (COVID-19) vaccine doses over the weekend and as the country continued to report lower infections.
STOCKS could move sideways this week on fears of faster inflation and with the market waiting for more hints from the US central bank on its plan to wind down stimulus measures.
SHARES closed the week lower after the government extended lockdown restrictions in Metro Manila and as market sentiment was clouded by expectations of faster...