Pre-Xmas markets show strong gains
The local bourse and the currency ended trading in positive territory on the eve of Christmas holidays.
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Daily TribuneTopic
The local bourse and the currency ended trading in positive territory on the eve of Christmas holidays.
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TOKYO, Japan (AFP) — Preparations for the 2026 Asian Games in Japan are going “smoothly,” its chairman said Wednesday, after reports the governing body told…
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Hong Kong, China — Son Heung-min scored a landmark 50th goal for his country to move South Korea a step closer to the World Cup on Thursday as…
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‘The Philippine economy grew by 6 percent in the first half of the year and we think that will be sustained. Based on our discussions with clients, we’ve…
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Most investors placed funds in banking firms, holding firms, property developers, transportation providers, and food, beverage and tobacco manufacturers
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The peso strengthened against the US dollar on Wednesday as Filipino households received more remittances from relatives overseas as the long weekend neared.
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At its annual Tech World event, Lenovo announced a landmark partnership with FIFA, becoming the official technology partner for the upcoming FIFA World Cup…
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Only less than half of Filipinos living with human immunodeficiency virus (HIV) are undergoing treatment, according to a recent World Health Organization (WHO)…
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The stock index on Wednesday dropped 45.5 points, or 0.61 percent, to close at 7,367.66.
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The negative spillovers from Wall Street weighed on the local market.
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The 12-month index target now stands at 8,354 based on Bloomberg’s target price compilation.
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The local stock market gauge on Tuesday closed in red, dropping by 17.43 points, or 0.23 percent, to close at 7,537.25.
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The Philippine stock index bounced back on Tuesday, gaining by 107.67 points, or 1.48 percent, to close at 7,380.32 level.
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Profit-taking dragged the PSEi into the red despite remaining in overbought territory, ignoring positive US market momentum.
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Gold prices surged to an all-time high, which he said is driven by escalating tensions in the Middle East and optimism surrounding monetary easing
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A significant drop in weekly jobless claims to 219,000 also bolstered hopes for a U.S. soft landing.
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The local bourse on Friday dropped 1.82 points, or 0.03 percent, to close at 7,022.85, a day after it breached the 7,000 level.
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The Philippine stock market on Monday ended in green, climbing by 48.16 points, or 0.69 percent, to close at 6,984.25.
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