Stocks reverse gains, ends lower
August 2, 2017
Stocks closed lower on Wednesday after moving higher in the morning session as the Philippine Stock Exchange index finished 33.95 points down to 7,872.65. In the broader market, there were 99 gainers, 92 decliners and 55 unchanged. Volume reached 1.6
Stocks lower, peso gains
August 1, 2017
Stocks closed lower on Tuesday with the main index finishing more than one percent The Philippine Stock Exchange index ended 111.45 points down to 7,906.60. In the broader market, there are 114 decliners, 86 gainers and 45 unchanged. Volume reached
Philippine services trade, income balances continue to improve: DOF
August 1, 2017
The ratio between the economy and net value of services and compensations paid by foreign enterprises to Filipinos rose in the first-quarter, the finance department said in a statement Tuesday, Based on Finance Undersecretary Gil Beltran’s latest economic bulletin, services
DBCC assures House of gov’t commitment to fiscal stability
August 1, 2017
The country’s economic managers assured lawmakers Tuesday of the Duterte administration’s firm commitment to fiscal stability, which it aims to sustain through reforms in tax policy and administration, a manageable budget deficit and a prudent borrowing policy that favors domestic,
Stocks lower after last week’s high
July 31, 2017
Stocks closed lower on Monday after the key index soared to year’s high last week. The Philippine Stock Exchange index shed 53.42 points to 8,018.05. In the broader market, there were 129 decliners, 74 gainers and 53 unchanged. Volume reached
Manila Water foreign currency tariff differential adjustments to adjusted to 96 centavo per cubic meter
July 31, 2017
Manila Water Co will have a foreign currency differential adjustment of 3.92 percent of the basic charge or 96 centavo per cubic meter, the firm disclosed before the Philippine Stock Exchange Monday. “The adjustment is based on the exchange rates
Inflation likely dips anew in July: finance department
July 31, 2017
Prices of widely-used goods and services likely dipped anew last month owing to stable food prices and lower electricity rates, the latest estimate of the Department of Finance (DOF) said Monday. Based on the DOF’s Economic Bulletin dated July 26,
Philippine stock index finish below 8,100 points
July 28, 2017
The Philippine Stock Exchange closed at 8,045.78 points, after going past the 8,100 mark twice on Thursday. The index stood 26 points short of the all-time high of 8,127.48 at 10:30 am, or one hour after the market opened. After
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