The Philippine stock market rose Wednesday following the strong showing by US and Asian markets.
The benchmark Philippine Stock Exchange index surged 65.95 points, or 1.01, percent to close at 6,572.75, while the broader all-shares index climbed 16.56 points, or 0.48 percent, to reach 3,463.46.
First Metro Securities said the PSEi went up after US manufacturing data came lower than expected, which kept alive expectations of US Federal Reserve easing this...
Stocks fell slightly Friday along with the rest of Asia as traders resumed their Ukraine-fueled selling after the previous day’s bounce, with data showing...
The Philippine Stock Exchange said Wednesday it approved the P3.5-billion initial public offering of Bank of Commerce, an affiliate of conglomerate San Miguel Corp.
BoC...
Stocks rose slightly Wednesday after crashing Tuesday, but investors remain edgy over skyrocketing oil prices after the United States and Britain moved to ban...
