The benchmark Philippine Stock Exchange index rose by 106.59 points or 1.70% to close at 6,345.41 on Tuesday and the broader all shares index climbed by 48.21 points or 1.43% to 3,400.68.
“Meanwhile, the services sub-index led the market, primarily attributable to the strong rally in telco stocks ,” he added. Most sectoral indices ended higher except for financials, which fell by 4.36 points or 0.29% to 1,483.11.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LIV Golf in Oregon–where local officials aren’t happy | Associated PressSAUDI ARABIA-backed LIV Golf is getting a chilly reception in Oregon, its first stop in the United States. This coming week, the series, which is paying enormous signing fees for players like Phil Mickelson and Dustin Johnson, descends on Pumpkin Ridge Golf Club in tiny North Plains, nestled in the…
Source: BusinessMirror - 🏆 19. / 59 Read more »
Reelected Rep. Paolo Duterte absent in mass oathtaking of local officialsRep. Paolo Duterte casts his vote at the Catalunan Grande Elementary School in Davao City on 9 May 2022. Duterte is seeking a second term at the House of Representatives. Photo courtesy of PTV DAVA…
Source: mindanewsdotcom - 🏆 10. / 68 Read more »
Stocks rise on continued bargain huntingThe PSEi started the week higher in mixed trades as cautious investors picked up bargains.
Source: manilabulletin - 🏆 25. / 51 Read more »
Ecuador cuts gasoline prices as protests continue - BusinessWorld OnlineQUITO — Ecuadorean President Guillermo Lasso said on Sunday he would cut prices for gasoline and diesel by 10 cents a gallon, the latest concession to try to end nearly two weeks of anti-government protests in which at least six people have died.
Source: bworldph - 🏆 9. / 68 Read more »
Weak peso to further bloat PHL debt stock - BusinessWorld OnlineThe Philippines may find it more costly to service its foreign debts, as the peso slumped to its weakest value against the US dollar in over 16 years, economists said. READ:
Source: bworldph - 🏆 9. / 68 Read more »
Hamilo Coast: Nurturing nature for 15 years and beyond - BusinessWorld OnlineSM Prime Holdings, Inc., one of the largest integrated property developers in Southeast Asia, has incorporated its sustainable practices in its developments early on. Through SM Prime’s Costa Del Hamilo Inc., a leader in the leisure resort industry and the movers behind Hamilo Coast – this premium seaside complex in Nasugbu, Batangas, fosters a tangible connection with nature. Marking its quindecennial year, Hamilo Coast looks back at its milestones and achievements with its core emphasis on sustainable development. in Nasugbu, Batangas, fosters a tangible connection with nature.
Source: bworldph - 🏆 9. / 68 Read more »