PH Stocks Re-enter 5,000 Points Territory

Manila–(PHStocks)–Local shares breached the 5,000-point mark at the close of trading day today, 13 March – a week after closing at 5,030.58 points. The mainboard Philippine Stock Exchange index (PSEi) closed at 5,005.75 points, extending its gains by 0.61% from Friday last week. All counters except the Property index pulled in gains as well, led […]
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5,016.30 Points

Manila–(PHStocks)–Local shares made history this week as the bellwether Philippine Stock Exchange index (PSEi) stocks surge past the 5,000-point mark to close at 5,016.30 points – up 2.52% from last week and higher by 14.74% to date. At the close of trading day on Friday, 2 March, all counters were up, led by the Property […]
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PH Stocks Back in the Red

Manila–(PHStocks)–The bellwether Philippine Stock Exchange index (PSEi) slightly wiped off some of the gains last Friday, ending the first market day of the week at 4,644.49 points, down 0.76%. All counters except the Services Index dropped at the close of the market, led by the Industrials segment’s 2.65% decline. The Services sector, on the other hand, […]
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PHStocks Week in Review: Steady She Goes

Still fresh from the heels of the recent announcement regarding Philippine Long Distance Telephone Co.’s (PSE: TEL) acquisition from JG Summit Holdings Inc. (PSE: JGS) ownership interest in Digital Telecommunications Philippines Inc. (Digitel, PSE: DGTL), the local stock market continued its growth this week, with the main board Philippine Stock Exchange index (PSEi)  gaining 0.51% […]
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PHStocks Week in Review: Having a Break

The week that was could have been considered one solid rally for local shares, with PH stocks gaining steady growth for six consecutive days to go past the 3,900-point mark. The target was reached, but at the end of the week, the market retreated as if trading activity has reached the climax and everyone who’s […]
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PH Stocks Edge Closer to 3,900 Mark

Local shares put on a slow, yet positive start for the week amid continuing uncertainty in the global oil supply chain. The bellwether Philippine Stock Exchange index (PSEi) closed at 3,886.48 points, marginally up by 0.097%, and slowly but surely edging closer to the 3,900 mark. The wider all-shares index, however, dropped but just only […]
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AEV 4Q Net Income Up 107%

Aboitiz Equity Ventures Inc. (PSE: AEV) has registered a consolidated net income of PhP5 billion for the fourth quarter of 2010, up 107% from the same period in the previous year. Of the total earnings contributions from the company’s four strategic business units (SBUs), Power accounted for 90%. Income share of the Banking and Food […]
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PH Stocks End Dry Spell

Local shares ended their weak performance Friday, with the main board Philippine Stock Exchange index (PSEi) gaining 0.17% or 6.2 points to close the trading day at 3,737 points, amid easing oil prices. In terms of sectoral growth, the Industrial and the Services indices recovered, posting 0.66% and 0.6% gains, respectively. They join the Mining […]
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