The Philippine Stock Exchange index (PSEi) managed to stay above the red line on late bargain-hunting as investors start betting on a rate cut next month. The main index added 6.20 points or 0.10 percent to close at 6,166.05 as the Services sector led the advance while Conglomerates and...
The Philippine Stock Exchange index (PSEi) declined for the third straight session as investors continue to fret over possible impact of Trump’s tariff plans. The main index shed 32.17 points or 0.52 percent to close at 6,159.85 as the Mining counter led losses while Property and Services managed...
The PSEi fell at the close of a trading day shortened by almost two hours due to technical issues, as investor confidence continues to be buffeted by politico-economic issues overseas. The main index dropped 74.73 points, or 1.19 percent, to close at 6,192.02, with the retreat across the board led...
The stock market is seen to remain volatile amid uncertainty caused by US President Donald Trump’s tariff policies, as their impact may affect policy moves by the Federal Reserve. The Fed unanimously voted to keep rates unchanged at 4.5 percent for the second straight meeting of 2025,...
The local stock market closed the week in the red, following overnight losses in the US, as investors grappled with uncertainty over Trump’s tariff policy. The main index dropped 56.38 points or 0.89 percent to close at 6,266.75 on Friday, March 21, as Property firms and Conglomerates led the...
The PSEi only made a small gain even after the US Federal Reserve gave a clearer target for its rate cuts this year. The main index added 10.01 points or 0.16 percent to close at 6,323.13, as the mining sector surged on higher gold prices, while banks retreated. Volume declined to 1.06 billion...
The PSEi regained the previous day’s loss despite weaker US and regional bourses, as investors continued to pick up cheaper Philippine stocks. The main index added 28.44 points or 0.45 percent to close at 6,313.12, as banks led the advance, while services and miners retreated. Volume rose further...
The Philippine Stock Exchange index (PSEi) weakened towards the end of the trading day on Tuesday, March 18, as investors decided to pocket gains made in the past few sessions. The benchmark index lost 21.51 points or 0.34 percent to close at 6,284.68, as the services sector led the retreat, while...
The Philippine Stock Exchange index (PSEi) notched up another gain after investor sentiment got a boost from news that China is taking steps to increase consumption. The main index added 12.08 points or 0.19 percent to close at 6,306.19 on Monday, March 17, although only conglomerates and services...
Amid strong corporate results and hopes for an April rate cut, investors in the local stock market are seen to continue accumulating cheaper stocks this week while waiting for stronger catalysts. “The BSP (Bangko Sentral ng Pilipinas) is reportedly mulling an April rate cut but reiterates how...
The local stock market continued to firm up as investors pick up bargains on hopes of earlier rate cuts after both US and Philippine inflation rates eased. The main index hiked 52.04 points or 0.83 percent to close at 6,294.11 with the Property sector leading the advance while only Conglomerates...
The local stock market dipped although the arrest of former President Rodrigo Duterte was not seen to have affected investor sentiment. The main index shed 11.29 points or 0.18 percent to close at 6,195.26, weighed down by the services sector, although sub-indices were evenly divided. Volume...
