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...
Trading on the Philippine Stock Exchange (PSE) finally began after a delay of almost two hours due to connectivity issues. PSE President Ramon S. Monzon said that the adjusted schedule for the market phases this morning included the pre-open at 11:05 a.m. and the market open at 11:10 a.m. Trading...
As of 10:50 this morning, trading at the Philippine Stock Exchange has yet to open “due to a system connectivity issue that is currently being resolved.” “Kindly standby for further announcements,” said PSE President and CEO Ramon S. Monzon.
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...
Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go The Philippine equities market hopes to see a surge in trading activity after the anticipated enactment of the Capital Market Efficiency Promotion Act (CMEPA), which includes slashing the stock transaction...
The Securities and Exchange Commission (SEC) has approved a proposal by the Philippine Stock Exchange (PSE) to exempt giant initial public offerings (IPOs), such as the upcoming IPO of GCash owner Mynt, from the 20-percent minimum public float requirement. “We have been able to get approval from...
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...
