PHILIPPINE shares opened the week in the red on cautious trading due to the lack of positive catalysts and ahead of central bank meetings here and abroad. The Philippine Stock Exchange index (PSEi) lost 54.95 points or 0.79% to close at 6,857.90 on Monday, while the all shares index shed 29.51 points or 0.68% to […]
Tag: points
Shares drop on concerns over new restrictions
PHILIPPINE SHARES declined on Wednesday on concerns over the implementation of new coronavirus disease 2019 (COVID-19) restrictions in Metro Manila. The Philippine Stock Exchange index (PSEi) declined by 40.16 points or 0.58% to close at 6,880.20 on Wednesday, while the broader all shares index went down by 17.37 points or 0.40% to finish at 4,277.63. […]
Stocks climb as metro kept under strict lockdown
PHILIPPINE shares closed in the green on Tuesday after the government decided to keep Metro Manila under strict lockdown measures due to the continued rise in coronavirus disease 2019 (COVID-19) infections. The Philippine Stock Exchange index (PSEi) went up by 36.68 points or 0.53% on Wednesday to close at 6,949.39, while the broader all shares […]
Stocks fall as manufacturing PMI drops in Aug.
SHARES declined on last-minute profit taking after manufacturing activity in the country dropped last month as strict lockdown restrictions were reimposed amid a surge in coronavirus disease 2019 (COVID-19) cases. The benchmark Philippine Stock Exchange index (PSEi) dropped 69.50 points or 1.01% to close at 6,785.94 on Wednesday, while the all shares index lost 10.32 […]
Shares rise after last-minute bargain hunting
PHILIPPINE shares closed higher on Tuesday on last-minute bargain hunting after trading in negative territory for most of the session as the country logged record coronavirus disease 2019 (COVID-19) infections on Monday. The Philippine Stock Exchange index (PSEi) gained 68.82 points or 1.01% on Tuesday to close at 6,855.44, while the all shares index climbed […]
PSEi extends rally on firms’ positive Q2 results
PHILIPPINE shares climbed on Wednesday, along with other markets in the region, as earnings of most companies rebounded in the second quarter. The Philippine Stock Exchange index (PSEi) went up by 118.77 points or 1.81% to close at 6,680.18 on Wednesday, while the all shares index gained 45.94 points or 1.12% to end at 4,118.41. […]
Local stocks rally as investors pick up bargains
STOCKS rose on Monday on the back of bargain hunting following the sell-off seen on Friday and as more companies released their second quarter earnings results. The Philippine Stock Exchange index (PSEi) climbed 193.49 points or 3.06% to close at 6,513.68 on Monday, while the broader all shares index went up by 76.22 points or […]
PSE index sinks on lockdown fears, rebalancing
PHILIPPINE shares sank on Thursday as the country’s coronavirus disease 2019 (COVID-19) situation affected sentiment and as investors adjusted their portfolios to prepare for the index’s rebalancing. The Philippine Stock Exchange index (PSEi) shed 110.29 points or 1.65% to close at 6,556.57 on Thursday, while the broader all shares index went down by 51.68 points […]
Shares climb on Q2 GDP data, earnings reports
PHILIPPINE shares closed higher on Wednesday as investors priced in the country’s faster-than-expected gross domestic product (GDP) growth in the second quarter. The Philippine Stock Exchange index (PSEi) gained 43.63 points or 0.65% to close at 6,666.86 on Wednesday, while the all shares index improved by 15.63 points or 0.38% to end at 4,111.61. “GDP […]
Basilan Peace Riders rout Roxas to take Game 1 of Mindanao leg finals
The Jumbo Plastic-Basilan Peace Riders crushed the Petra Cement-Roxas Vanguards, 81-69, to take Game One of the best-of-three finals in the Chooks-to-Go Pilipinas VisMin Super Cup Mindanao Leg championship on Sunday night at the Pagadian City Gymnasium. Even though the Peace Riders are coming off an 11-day break, they showed no rust whatsoever as they […]
Choco Mucho downs Chery Tiggo, moves closer to finals berth in PVL
The Choco Mucho Flying Titans inched closer to booking a seat in the finals as they defeated the Chery Tiggo Crossovers, 25-18, 25-22, 25-21, in Game One of the Premier Volleyball League Open Conference at the PCV Socio-Civic Cultural Center in Bacarra. The Flying Titans went on a remarkable run in the second and third […]
Basilan guard Hesed Gabo named Mindanao leg MVP of VisMin Super Cup
Jumbo Plastic-Basilan Peace Riders guard Hesed Gabo was named the Most Valuable Player of the 2021 Chooks-to-Go Pilipinas VisMin Super Cup Mindanao Leg on Sunday. Gabo played a key role in Basilan’s perfect 8-0 run through the elimination round that netted the Peace Riders an automatic ticket to the finals. Gabo played superb basketball during […]
Zamboanga City takes Game 1 over Clarin in VisMin Cup semis
JPS Zamboanga City survived Clarin Sto. Niño, 70-68, to win Game 1 of the first phase of the 2021 Chooks-to-Go Pilipinas VisMin Super Cup best-of-three semifinals on Sunday evening at the Pagadian City Gymnasium. With the game tied at 66-all, little-known Jerome Ferrer came up with two straight big baskets off of nice feeds from […]
JPS Zamboanga City moves on to semifinals
THE JPS Zamboanga City ousted the Alza Alayon Zamboanga del Sur, 69-66, in the quarterfinals of the 2021 Chooks-to-Go Pilipinas VisMin Super Cup on Thursday evening, July 29, at the Pagadian City Gymnasium. Fran Yu made crucial plays on both ends for JPS as they barely escaped sixth seed Zamboanga del Sur to move on […]
Kapatagan keeps season alive with win over Pagadian in VisMin Cup playoffs
THE eighth-seeded Kapatagan Buffalo Braves lived to fight another day as they beat the third-seeded Pagadian Explorers, 96-82, in the 2021 Chooks-to-Go Pilipinas VisMin Super Cup quarterfinals at the Pagadian City Gymnasium on Thursday. Faced with a twice-to-win disadvantage, the Buffalo Braves pulled out all the stops to force a deciding rubber match on Friday […]
Shares inch up as gov’t keeps NCR Plus under GCQ
PHILIPPINE shares closed in the green on Thursday, with investors optimistic after the government maintained loose restriction measures for Metro Manila and nearby provinces or the National Capital Region (NCR) Plus bubble. The benchmark Philippine Stock Exchange index (PSEi) improved by 23.50 points or 0.36% to 6,496.53 on Thursday, while the all shares index rose […]
Stocks drop on lockdown fears as cases climb
PHILIPPINE shares slipped on Wednesday on fears of a tighter lockdown as coronavirus disease 2019 (COVID-19) infections rise anew and due to the spread of the Delta variant. The Philippine Stock Exchange index (PSEi) declined by 49.55 points or 0.76% to close at 6,473.03 on Wednesday, while the all shares index shed 29.66 points or […]
Meralco gets back on track with win over Phoenix
THE Meralco Bolts got back on the winning track with a 91-80 win over the Phoenix Super LPG Fuel Masters in the 2021 PBA Philippine Cup on Wednesday, July 28, at the Ynares Sports Arena in Pasig. Up by five after the first 12 minutes of action, Meralco got some more separation from Phoenix in […]
PSEi up on positive data, vaccination progress
STOCKS rebounded on Tuesday as investors picked up bargains following improved energy consumption data reported by Manila Electric Co. in the first half of the year and progress in the country’s vaccination program. The Philippine Stock Exchange index (PSEi) gained 149.97 points or 2.35% to close at 6,522.58 on Tuesday, while the all shares index […]
TNT stifles Terrafirma return try
THE TNT Tropang Giga fought off a spirited comeback attempt by Terrafirma to defeat the Dyip, 86-79, in the 46th PBA Philippine Cup on Saturday, July 17, 2021, at the Ynares Arena in Pasig City. TNT led by as much as 22 points but saw their lead dwindle to just five, 84-79, after two free-throws […]