PSEi falls 1.73% as foreign selling continues
The local stock barometer dropped below the 6,200 mark yesterday as foreign funds dumped a number of local blue chip companies. The Philippine Stock Exchange index (PSEi) slid by 108.95…
PSEi closes down 0.53% on foreign selling, profit-taking
The local stock barometer slipped on Friday as investors reassessed their portfolios while other markets in the region firmed up. The main-share Philippine Stock Exchange index (PSEi) shed 33.38 points…
Index heavyweights lift PSEi amid ‘second wave’ virus threat
Philippine stocks advanced on Thursday despite worries of a second coronavirus wave around the globe. By the closing bell, the benchmark Philippine Stock Exchange index (PSEi) rose 1.06 percent, or…
Despite strong start, PSEi closes flat as sellers overpower buyers
The local stock barometer ended flat on Wednesday while newly listed retailer, MerryMart Consumer Corp., soared to new heights for the third straight session. The main-share Philippine Stock Exchange index…
PSEi resumes upswing; property stocks lead the way
The local stock barometer resumed its upswing on Thursday, bucking the downturn seen across regional markets, as some investors picked up selected blue chip firms. The main-share Philippine Stock Exchange…
Profit-taking pulls PSEi down 2.19%
The local stock barometer pulled back to the 6,400 level on Wednesday as investors took their cue from Wall Street, which took a respite from its dizzying equities run-up. The…
Another PSEi rally in the offing, yet road is dark and foreboding
Local stocks could take their cue from upbeat Wall Street sentiment this week, giving a window of opportunity for investors to lock up recent gains. Last week, the main-share Philippine…
Somber reality for virus-hit businesses brings PSEi rally to a halt
Despite its strong rebound from the lows in March when the number of COVID-19 cases started picking up in the country, the stock market is still not out of the…
Still on a high from metro’s restart, PSEi breaks past 6,500
The local stock barometer rallied past a key barrier at 6,500 on Thursday to close at its highest level since the COVID-19 pandemic hit local shores in March. Tracking upbeat…
PSEi shoots past 6,200, highest since March
The local stock barometer surged to the 6,200 mark on Wednesday, hitting its highest level since the number of new coronavirus disease (COVID-19) cases began to rise in the country…