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Philippines
Friday, March 29, 2024

Stocks

Local stocks rebound amid bargain hunting

Philippine stocks rebounded Tuesday on last-minute bargain hunting. The 30-company Philippine Stock Exchange index added 45.07 points, or 0.66 percent, to close at 6,898.17, while the broader all-shares index advanced by 20.34 points, or 0.57 percent, to reach 3,598.55. Philstocks Financial Inc. research analyst Mikhail Plopenio said the market traded in the red for the most part of the day, but inched up near closing as investors turned into bargain hunters. “With...

PH stocks slump amid lack of catalysts, peso weakening

Philippine stocks opened the week in the red amid the lack of...

Stocks to trade sideways amid holiday break

Philippine stocks are expected to trade sideways on thin trading during this...

Stocks advance on positive US Fed comments

Local stocks advanced Thursday, tracking the US and Asian benchmarks on favorable...

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Russia-Ukraine tensions grip market

Share prices at the Philippine Stock Exchange will likely move sideways this week as investors keep a close eye on the growing tensions between...

Market down for 2nd  day; PLDT and Globe decline

Share prices fell for the second straight day Friday following a steep drop on Wall Street fueled by renewed fears that Russia will soon...

SMIC lists P15-billion bonds at PDEx

Conglomerate SM Investments Corp. on Friday listed P15 billion worth of fixed-rate bonds at Philippine Dealing and Exchange Corp. after a strong demand from...

Stock market retreats; Bloomberry advances

The stock market slipped Thursday on profit taking after climbing to a fresh two-year high the other day. The Philippine Stock Exchange Index lost 13.89...

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