The bellwether Philippine Stock Exchange index lost 49.11 points, or 0.78 percent, to close at 6,219.16, while the broader all-shares index dropped 19.61 points, or 0.58 percent, to settle at 3,365.79.
Regina Capital Development Corp. head of sales Luis Limlingan said local shares were sold down on rising 10-year Treasury yields. Limlingan said the upcoming speech of Federal Reserve Chair Jerome Powell at the Economic Club also kept investors on edge as the market wait for clues on where the US rate policy is heading.Pursuing their goal of contributing to the environment and the community where they operate, GNPower Mariveles Energy Center Ltd. Co...West zone concessionaire Maynilad Water Services Inc. earned recognition under the “Clean and Green Energy” category of the 2023 Europa...
Manila Standard website , launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry.
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Stocks fall on China, Middle East worriesShare prices fell yesterday as investors took their cue from developments abroad, particularly the escalating conflict between Israel and Hamas.
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