The Philippine Stock Exchange index (PSEi) ended a five-day slump as investors bought cheaper stocks ahead of Friday’s August inflation report. The benchmark PSEi added 23.99 points, or 0.39 percent, to close at 6,106.92 on Thursday, Sept. 4, with advances across the board led by property and...
The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level after breaching its support on Wednesday, Sept. 3, as political noise and US tariff issues continue to dampen investor sentiment. The main index closed at 6,082.93, down 45.96 points or 0.75 percent. The Property sector led the...
The local stock market dipped due to the weaker peso and lower manufacturing data amid concern over massive corruption in flood control projects. The main index shed 11.46 points, or 0.19 percent, to close at 6,128.89. Half of the sectoral indices were in the green. Volume was higher but still...
The Philippine Stock Exchange index (PSEi) fell for the third consecutive day amid expectations of a slight uptick in August inflation and the peso 's recent weakness. The main index shed 15.22 points, or 0.29 percent, to close at 6,140.35 on Monday, Sept. 1. Conglomerates led the retreat,...
The Philippine Stock Exchange (PSE) fell for the second straight day, shedding 34.62 points or 0.56 percent, to close at 6,155.57 as investor sentiment remained bearish a week into the “ghost month” despite the Bangko Sentral ng Pilipinas’ (BSP) rate cut. The Property sector led the retreat,...
The Philippine Stock Exchange index (PSEi) dropped on Thursday, Aug. 28, as investors sold on news that the Bangko Sentral ng Pilipinas (BSP) reduced interest rates as expected. The main index lost 83.15 points, or 1.33 percent, to close at 6,190.19. Banks led the retreat, while miners bucked the...
The Philippine Stock Exchange index (PSEi) bounced back on Wednesday, Aug. 27, recovering most of the previous day’s losses, as investors seized the opportunity to buy bargains in anticipation of an expected rate cut by the Bangko Sentral ng Pilipinas (BSP). The main index jumped 128.10 points,...
The Philippine Stock Exchange index (PSEi) fell on Tuesday, Aug. 26, even when it was expected to be buoyed by prospects of lower interest rates, as investors were more concerned about United States (US) President Donald J. Trump’s firing of US Federal Reserve (Fed) Governor Lisa Cook amid the...
Hann Holdings Inc., the owner and developer of the integrated resort (IR) Hann Resort in Clark, Pampanga, has shelved its planned ₱13-billion initial public offering (IPO) indefinitely due to adverse domestic and global market conditions. An investment banker and other stock market sources...
The main index of the Philippine Stock Exchange (PSEi) ended on Wednesday, Aug. 20, flat as investors awaited the results of the Federal Reserve meeting before making any major moves. The PSEi eked out a marginal gain of 0.2 points, or 0.003 percent, to close at 6,277.87. Sectoral indices were...
The Philippine Stock Exchange index (PSEi) dipped as investors continued to wait for market-moving news. The main index shed 11.21 points, or 0.18 percent, to close at 6,277.67 on Tuesday, Aug. 19. The Services counter led the decliners, while the Conglomerates and Mining sectors managed to...
The Philippine Stock Exchange index (PSEi) started the week on a soft note as share prices declined amid a lack of fresh catalysts. The main index dropped 27.05 points, or 0.43 percent, to close at 6,288.88. Sectoral indices were mixed. Volume declined to 747 million shares worth ₱6.18 billion,...
