Local stocks decline as investors pocket gains

INVESTORS succumbed to profit taking on Wednesday due to the lack of significant catalysts to drive the market upward. The Philippine Stock Exchange index slumped...

PSE index rises to new record high on trade data

THE MAIN INDEX hit a new record high on Tuesday as investors remained optimistic amid mixed developments here and abroad. The bellwether Philippine Stock Exchange...

Shares continue climb as investors hunt for leads

STOCKS rose on Monday, extending last week’s gains, as investors opted to stay on the sidelines pending the much awaited tax reform package approval...

Tax reform, earnings in focus after record rally

THE APPROVAL of the final blueprint of the tax reform package will be this week’s highlight, with investors looking to this legislative move to...

PHL stocks trim gains after touching 8400 level

LOCAL stocks pared gains after briefly breaching the 8,400 level on Friday, tracking an Asia-wide rally following a new record close on Wall Street. The...

Stocks drop as investors pocket profit from rally

SHARES finished in negative territory on Thursday as investors took profit from the previous days’ rallies, where the main index hit fresh record highs. The...

PSEi climbs to new high on improved sentiment

THE MAIN INDEX extended gains on Wednesday, hitting a new record high once more, as shares tracked gains in the US market. The bellwether Philippine...

Local stocks rise further to track global markets

STOCKS extended their climb to reach a new record high on Tuesday as investors anticipate the nearing approval of the government’s tax reform package. The bellwether Philippine...

Shares climb on positioning ahead of earnings

STOCKS opened the month with gains as investors look forward to positive earnings results slated for release this month. The bellwether Philippine Stock Exchange index...

Stocks seen sideways as investors hunt for leads

INVESTORS will be divided between optimists and pessimists as the stock market enters the final quarter, ushering in possible volatility for the remaining months...

PSE holds ground as quarter ends

THE BOURSE capped the week and the third quarter on a positive note, though ending nearly flat from Thursday. The Philippine Stock Exchange index (PSEi)...

Stocks resume slide as foreign funds exit market

AFTER a one-day break, local equities resumed their slide on Thursday and went against the direction of US markets, which hit intraday highs after a tax...