Philippine stocks mirror Wall Street gains

The Philippine Stock Exchange index won its second straight session yesterday, rising by 0.89 percent or 57.46 points to close at 6,507.49.MANILA, Philippines —

Philstocks Financial research and engagement officer Mikhail Plopenio said the local market joined its Asian peers in the green territory on Wednesday, with the region taking cues from the S&P 500 and the NASDAQ’s record performances overnight. However, he said net market value turnover was tepid at P4.04 billion, lower than the year-to-date average of P4.98 billion.Services and financials led the charge, surging by 1.78 percent and 1.72 percent, respectively.

As the world continues to progress with many technological innovations, we often overlook a basic need that surprisingly, remains as scarcity for some: stable electricity service. Despite advancements in society,... FedEx, one of the world’s largest logistics providers, has committed to double the size of its facility at the Clark...

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today (June 5, 2024): Asian stocks trade mixed after Wall Street logs modest gainsAsian shares traded mixed Wednesday, as investors weighed recent data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street. Japan's benchmark Nikkei 225 shed 1.0% in early trading to 38,448.61. Australia's S&P/ASX 200 edged up 0.3% to 7,759.20. South Korea's Kospi jumped 1.2% to 2,695.02.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Wall Street gains fuel peso, stocks reboundTHE peso and the stock market posted a rebound on Wednesday following a two-day decline as sentiment rose on hopes that the US Federal Reserve (Fed) could cut interest rates more than once this year.
Source: TheManilaTimes - 🏆 2. / 92 Read more »