Stocks drop on negative US data, stimulus concerns
STOCKS ended lower on Friday on negative US data and news of fresh stimulus to boost the world's largest economy.
The benchmark Philippine Stock Exchange...
Shares rebound as gov’t clears Pfizer vaccine use
PHILIPPINE shares ended higher on Thursday, ending its two-day skid, on the government’s approval of Pfizer, Inc.’s coronavirus disease 2019 (COVID-19) vaccine for emergency use.
Stocks decline further as investors pocket gains
THE MAIN INDEX closed lower on Wednesday, extending its decline to a second day, as investors booked profits from the local market’s heavyweights.
PSEi ends three-day climb as mart turns cautious
PHILIPPINE SHARES closed in negative territory on Tuesday, ending its three-day rally, as investors opted to pocket gains following a global debt watcher’s comments on the country’s growth prospects.
Stocks rise on proposed changes to Constitution
STOCKS ended in positive territory on Monday as the market welcomed a proposal to amend economic provisions of the 1987 Philippine Constitution to attract more foreign investments into the country.
PHL shares to climb on change in US leadership
STOCKS are expected to climb this trading week with market sentiment getting a boost from the upcoming change of leadership in the United States (US).
Local shares end higher as US Congress confirms Biden’s win
By Angelica Y. Yang
Philippine stocks closed higher on Friday as investor sentiment took cues from markets abroad after the US Congress affirmed the win of President-elect Joseph "Joe" R. Biden, Jr. The bellwether Philippine Stock Exchange index (PSEi) climbed 170.27 points or 2.39% to end at 7,289.88. The broader all-shares index also improved, by 82.78 points or 1.94% to 4,354.27.
PSEi up as Democrats gain control of US Senate
PHILIPPINE SHARES closed higher on Thursday as market sentiment was lifted after the Democratic Party gained control of the United States (US) Senate and on the better showing of US markets.
Shares drop further on inflation data, virus fears
SHARES declined on Wednesday as market sentiment was hit by data showing faster inflation and the continuous spread of the coronavirus disease 2019 (COVID-19) across the world.
PSEi drops on manufacturing data, profit taking
SHARES ended in negative territory on Tuesday as investors booked their gains and as market sentiment was dampened by recent manufacturing data.
PHL stocks post gains on global vaccine rollout
LOCAL STOCKS ended the first trading day of 2021 on a high note as investor sentiment got a lift from the ongoing rollout of coronavirus disease 2019 (COVID-19) vaccines around the world.
Shares likely to climb on vaccine developments
STOCKS are expected to climb during the first trading week of 2021 as investor sentiment is seen to improve on the developments on coronavirus disease 2019 (COVID-19) vaccines over the holiday break.