Market to watch case count as economy reopens
THE country’s ability to keep the number of coronavirus disease 2019 (COVID-19) cases low despite a relaxed lockdown will determine the movement of the market this week.
PSEi breaches 5,800 on relaxation of Metro Manila lockdown
THE MAIN INDEX broke into the 5,800 level at the end of Friday’s session as bulls flocked to the market on optimism over the easing of the lockdown in Metro Manila starting next week.
Hopes of relaxed lockdown lift Philippine stocks
LOCAL SHARES ended with gains on Thursday as investors looked forward to the relaxation of the Metro Manila quarantine next week.
Stocks rebound on optimism over virus vaccine
LOCAL SHARES ended Wednesday’s session higher as prospects of an anti-coronavirus disease 2019 (COVID-19) vaccine lifted investor sentiment.
PSEi dips as market waits for lockdown decision
THE MAIN INDEX closed lower on Tuesday as investors waited for an announcement about what will happen to the Metro Manila lockdown after May 31.
Worries of surge in infections to pull shares down
LOCAL SHARES are seen to decline this week on lasting worries about second waves of the coronavirus disease 2019 (COVID-19) pandemic.
Stocks to decline due to rising US-China tensions
THE MAIN INDEX is seen to close lower this week as investors continue reacting to the increasing tensions between the United States and China.
Stocks end three-day gains, declines 1.16%
THE LOCAL market fell 1.16% on Friday, ending three consecutive days of gains as worries from investors continue while the coronavirus disease 2019 (COVID-19) pandemic remains.
PSE index extends climb on positive sentiment
THE MAIN INDEX climbed for a third straight day on Thursday, mirroring the rise in Wall Street overnight amid optimism on the government’s warming stance on private partnerships.
Shares rise as stimulus hopes spur bargain hunting
THE MAIN INDEX sustained its uptrend at the close of trading on Wednesday on last-minute bargain hunting amid expectations of further stimulus from the US government.
PHL stocks rebound on news of antiviral drug
LOCAL SHARES recovered on Tuesday as prospects of an antiviral drug against the coronavirus disease 2019 (COVID-19) sparked optimism among investors.
Shares close lower on lack of positive catalysts
PHILIPPINE shares closed lower on Monday as trading was muted on the lack of positive catalysts.