Manila—(PHStocks)—The Philippine Stock Exchange index flirted with 8,000 level yesterday—the inauguration of incoming President Rodrigo Roa Duterte—before closing down at 7,796.25, just 2.28 point lower from the previous day’s close. As intra-day high hit 7,980.75 yesterday, profit taking pulled back the gains as investors lock in their gains. For the month of June, below are […]
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Primaries of the MJC Investments Corp. (MIC, PSE: MJIC), along with representatives of the Philippine Amusement and Gaming Corporation (PAGCOR), today launched its newest project, the Winford Hotel at the San Lazaro Business and Tourism Park in Santa Cruz, Manila. Present during the launch were MIC Chairman and CEO Atty. Alfonso R. Reyno Jr., Chief Financial […]
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Manila—(PHStocks)—The bulls beat the bears as the Philippine Stock Exchange (PSE) index continued its steady growth on Monday, 26 January, buoyed by market sentiment on the European Central Bank’s (ECB) stimulus announcement last week. The PSEi closed today’s trading at 7,586.67, up by 0.5% or 37.74 points. This is despite the profit-taking early in the […]
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Manila—(PHStocks)—The Philippine Stock Exchange (PSE) index was down for a second session Tuesday, January 20, as profit taking continued amid new highs last week. The PSEi closed today’s trading at 7,452.81, a 0.43% decline from yesterday’s finish. PSEi closed last week’s trading at 7,490.88 (14 January)—a new high for this year—before the local stock market […]
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Manila—(PHStocks)—The Philippine economy grew by 5.3% for the third quarter; lower than most analysts’ expectations, and down from 6.4% in the previous quarter. Nevertheless, investors local and abroad remained optimistic of the Philippine stock market, driving up the local stock barometer in the positive side during the last trading day of November. The PSE index […]
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Manila—(PHStocks)—Philippine stocks surge Monday, 24 November, tracking performance in other Asian markets as investors cheer the prospect of further policy stimulus in Europe, and the Chinese central bank’s interest rate cut. The Philippine Stock Exchange (PSE) index went up by 0.67% or 48.95 points to close today’s trading at 7,325.13. All counters finished in the […]
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Manila—(PHStocks)—Philippine stocks ended the week and greeted the first trading day of February on a strong note, reaching another record high and cementing their level above 6,300. The mainboard Philippine Stock Exchange index (PSEi) went up by 2.45% to 6,318.61 week-on-week, on the back of the country’s strong economic performance in the fourth quarter of […]
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Manila—(PHStocks)—Philippine stocks displayed their resilience as they end this week on a new record high despite two consecutive days of declines amid investors’ profit taking. The Philippine Stock Exchange index (PSEi) closed the week at 6,139.21 – another milestone for the local bourse – up 1.1% from Thursday’s close of 6072.18, and up 1.45% from […]
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