Credit to Author: Tyrone Jasper C. Piad| Date: Thu, 27 Feb 2020 16:40:02 +0000
Bargain-hunting somehow provided relief to the local bourse on Thursday, but it was not enough to break above the 7,000 level. The benchmark Philippine Stock Exchange index (PSEi) added 0.84 percent or 58 points to close at 6,967.84, while the wider All Shares gained 0.49 percent or 20.30 points to finish at 4,149.67. “The market […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Wed, 26 Feb 2020 17:35:50 +0000
THE stock market tumbled out of the 7,000 territory on Wednesday following a massive global sell-off over the continued impact of the coronavirus disease 2019 (Covid-19) outbreak, with an analyst predicting a recession. The benchmark Philippine Stock Exchange index (PSEi) plunged by 3.86 percent or 277.60 points to finish at 6,909.84, while the wider All […]
Read moreCredit to Author: Lisbet K. Esmael| Date: Thu, 20 Feb 2020 17:26:12 +0000
THE stock market rose for the second straight day on Thursday, returning to the 7,400 level on optimism over China’s measures to combat the coronavirus disease 2019 (Covid-19), which first broke out there late last year. The Philippine Stock Exchange index (PSEi) grew by 0.22 percent or 16.06 points to close at 7, 413.00, while […]
Read moreCredit to Author: Jordeene B. Lagare| Date: Mon, 17 Feb 2020 16:41:42 +0000
LOCAL shares on Monday soared by more than half-percent following a gloomy performance in the past week, with the market cheering on the measures to curtail the spread of the coronavirus disease-2019 (Covid-19). The benchmark Philippine Stock Exchange (PSEi) surged by 0.62 percent or 44.85 points to end at 7,326.85 while the wider All Shares […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Wed, 12 Feb 2020 17:30:18 +0000
THE continued impact of the coronavirus disease 2019 (Covid-19) and concerns over regulatory risks exerted selling pressure on the stock market on Wednesday, dragging it again to the 7,300 territory. The benchmark Philippine Stock Exchange index (PSEi) dropped 0.76 percent or 56.30 points to close at 7,383.10, while the wider All Shares fell 0.79 percent […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Wed, 05 Feb 2020 16:42:50 +0000
After a six-day losing streak, the local bourse managed to end in the green for the second straight day despite the country’s inflation picking up in January. The benchmark Philippine Stock Exchange index (PSEi) surged by 1.74 percent or 125.95 points to finish at 7,352.85, while the wider All Shares climbed by 1.41 percent or […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Mon, 03 Feb 2020 16:20:33 +0000
The local bourse has not yet sought refuge from the global epidemic that is the 2019-novel Coronavirus (2019-nCoV), plunging into red territory for sixth consecutive trading day. The benchmark Philippine Stock Exchange index (PSEi) dropped by 0.89 percent or 63.76 points to end at 7,137.03 while the wider All Shares declined 0.82 percent or 35.38 […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Wed, 29 Jan 2020 16:23:40 +0000
THE stock market continued to slip for the third consecutive day on Wednesday because of souring investor sentiment as the 2019 novel coronavirus (nCoV) and the threat it posed continued to spread worldwide. The benchmark Philippine Stock Exchange index (PSEi) dropped by 0.09 percent or 6.39 points to end at 7,462.31 while the wider All […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Tue, 28 Jan 2020 16:28:14 +0000
THE increasing number of coronavirus cases again dampened market sentiment on Tuesday, sending the stock market and its Asian counterparts to the red territory for the second straight day. The benchmark Philippine Stock Exchange index (PSEi) plunged by 1.57 percent or 118.93 points to end at 7,468.70, while the wider All Shares dropped 1.33 percent […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Wed, 18 Dec 2019 14:00:45 +0000
The stock market ended flat on Wednesday on heavy foreign outflows as investors redirected purchases to Wall Street. The benchmark Philippine Stock Exchange index (PSEi) inched up by 0.04 percent or 3.22 points to close at 7,744.67, while the wider All Shares climbed by 0.11 percent or 4.93 points to finish at 4,587.99. Net foreign […]
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