Stocks up nearly 5% on news of an interest rate cut
THE LOCAL market ended on a positive note on Friday on news that the Bangko Sentral ng Pilipinas (BSP) cut its policy rates by another 50 basis points (bps) to support the economy, which is struggling from the impact of the coronavirus disease 2019 (COVID-19) pandemic.
Shares wipe out recent gains on profit taking
PHILIPPINE STOCKS wiped out their gains on Thursday as profit takers entered the market and fear of the coronavirus disease 2019 (COVID-19) pandemic prevailed.
PHL stocks climb as investors pick up bargains
LOCAL SHARES sustained their climb on Wednesday as bargain hunters continued fanning the market’s rise.
PSE index ends above 5,700 on China trade data
THE MAIN INDEX sustained its climb on Tuesday and broke into the 5,700 level, as investor optimism was fueled by positive trade data from China.
Shares end higher on efforts to boost economy
PHILIPPINE SHARES closed higher on Monday, beating most of their Asian peers, as investors reacted to government efforts to support the economy amid the coronavirus disease 2019 (COVID-19) pandemic.
Local stocks to decline on profit taking, volatility
PHILIPPINE SHARES are seen to decline this week with profit takers taking center stage and volatility still reigning due to the ongoing coronavirus disease 2019 (COVID-19) pandemic.
Stocks decline as COVID-19 cases rise
LOCAL SHARES closed lower on Wednesday ahead of the two-day break due to Holy Week amid rising coronavirus disease 2019 (COVID-19) infections in the...
Shares end higher as inflation eases slightly
LOCAL SHARES finished higher on Tuesday as data showing slightly slower inflation in March drove up confidence among investors amid the coronavirus disease 2019...
PSEi climbs as virus cases abroad peak
THE MAIN INDEX continued its climb on Monday as investors hope for some stability in the coronavirus disease 2019 (COVID-19) pandemic.
The benchmark Philippine Stock...
Shares to drop on cautious trading amid outbreak
LOCAL SHARES may decline this week as investors are expected to err on the side of caution with the expected extension of the Luzon-wide...
PSEi inches higher on hopes of oil war truce
THE MAIN INDEX ended with a slight gain on Friday on hopes of a truce in the oil price war between Saudi Arabia and Russia.
PSEi drops as global shares sink on virus concerns
Philippine shares closed lower yesterday, moving in step with global equities, due to the worsening coronavirus disease 2019 (COVID-19) situation across the world.