Stocks close higher on vaccine optimism; volume declines
SHARE prices closed higher Friday with investors upbeat after a series of developments on the vaccine front, which hold out the prospect of normalizing...
PSEi rebounds as Congress ratifies 2021 budget
SHARES recovered on Thursday as market sentiment improved on the back of progress in the country’s 2021 national budget.
Stocks drop on profit taking, economic outlook
SHARES ended in negative territory on Wednesday as investors booked profits and as market sentiment was affected by the revised gross domestic product (GDP) forecast of the World Bank for the Philippines.
Shares to move sideways on US-China tensions
PHILIPPINE SHARES are expected to go sideways after a one-day trading break as investors will assess the impact of renewed tensions between the United States and China on the market.
PSEi rises to 7,200 level on optimism over vaccine
SHARES bounced back on Monday as investor optimism was sparked by the impending rollout of a coronavirus disease 2019 (COVID-19) vaccine and stronger foreign inflows.
Shares to decline as prospects remain uncertain
PHILIPPINE SHARES are expected to decline this week as investors continue to absorb news on the country’s inflation rate and the upcoming release of other economic data.
PSEi falls on faster-than-expected Nov. inflation
STOCKS ended lower on Friday as market players reacted to the higher-than-expected inflation print logged last month.
The benchmark Philippine Stock Exchange index (PSEi) fell...
Stocks climb as UK approves COVID-19 vaccine
SHARES ended in the green for the third consecutive day as investor optimism was propelled by latest developments on coronavirus disease 2019 (COVID-19) vaccine candidates and the country’s lower unemployment rate.
Shares up on improvement in manufacturing PMI
SHARES improved on Wednesday as investors reacted to the latest manufacturing purchasing managers’ index (PMI) report.
PSEi climbs on vaccine news, bargain hunting
STOCKS ended in green territory on Tuesday following positive developments on a coronavirus disease 2019 (COVID-19) vaccine candidate and bargain hunting.
Stocks may move sideways on bargain hunting
LOCAL SHARES are expected to move sideways this week as some investors may start bargain hunting after last week’s four-day decline.
PSEi ends higher in November on vaccine hopes
THE WAVE of positive news on coronavirus disease 2019 (COVID-19) vaccine candidates and improved third-quarter earnings of listed companies pushed the Philippine stock market to one of its best months in November.