Bourse extends gains to close in on 8,000 mark

THE MAIN INDEX closed in on the 8,000 level on Wednesday as investors resorted to bargain hunting ahead of President Rodrigo R. Duterte’s second...

Bourse inches up for second consecutive day

LOCAL SHARES continued largely sideways trades on Tuesday amid a lack of drivers and profit-taking by investors. The bellwether Philippine Stock Exchange index climbed 18.42...

PSEi up as poor US data dulls Fed hike prospects

LOCAL SHARES rebounded on Monday as US stocks closed higher last Friday following disappointing retail sales and inflation data that triggered bets that the...

Stocks seen sideways as investors hunt for leads

THE MARKET will take its cue from US economic data this week, as investors scout for catalysts to push stocks to higher levels. The Philippine...

Stocks end flat as Fed chief signals ‘gradual’ hikes

LOCAL SHARES traded sideways on Thursday after the much anticipated testimony of Federal Reserve Chair Janet L. Yellen to the US Congress failed to...

PSEi climbs ahead of Yellen’s Congress testimony

THE MAIN INDEX rose on Wednesday, nearing the 8,000 level, but still remains in consolidation phase and may be stuck between support and resistance...

Local shares rebound as Wall Street posts gains

THE main index rebounded on Tuesday, tracking US stocks which edged higher overnight, led by gains in technology stocks as investors were optimistic ahead...

PSEi slides as US jobs data boost rate hike bets

THE MAIN INDEX started the week in the red as positive US economic data boosted chances of another rate hike by the Federal Reserve...

Stocks to consolidate amid lack of major drivers

STOCKS may move sideways this week as the market continues to consolidate and in the absence of major catalysts. Local equities posted some gains during...

Stock market hardly moves on lack of leads

THE Philippine Stock Exchange index (PSEi) barely moved yesterday in the absence of any catalyst. At the close of trading on Friday, the benchmark index...

Philippine stocks post uptick, buck Asian trend

THE LOCAL bourse bucked the trend as major Asian markets saw a decline on Thursday, after minutes from the US Federal Reserve’s last meeting...

Local stocks decline amid lack of fresh catalysts

THE STOCK MARKET failed to sustain gains posted in the last two trading sessions on Tuesday, signaling weakness in the absence of any positive...