The Philippine Stock Exchange index (PSEi) rebounded sharply on Thursday, Jan. 15, as investors bet on looming interest rate reduction by the central bank and digested an optimistic medium-term growth outlook from the World Bank. The main index climbed 97.72 points, or 1.53 percent, to finish at...
Profit-taking continued to pull down the Philippine Stock Exchange index (PSEi) as sentiment was weighed down by the weaker peso, which fell to a new record low of ₱59.44 versus the United States (US) dollar on Wednesday, Jan. 14. The main index dropped 18.95 points, or 0.3 percent, to close at...
The Philippine Stock Exchange index (PSEi) rose on Tuesday, Jan. 13, as investors used the double-digit decline in foreign direct investment data as catalyst to lock in gains following a three-day rally. The benchmark index fell 11.2 points, or 0.17 percent, to finish at 6,408.76. While the retreat...
The Philippine Stock Exchange (PSE) extended its winning streak to open the week as investors increased bets that a looming pivot toward monetary easing will catalyze domestic economic growth. The PSE Index climbed 71.82 points, or 1.1 percent, to finish at 6,419.96 on Monday, Jan. 12. The move...
The Philippine Stock Exchange index (PSEi) took a breather after its three-day rally as the higher national debt and weaker peso prompted investors to cash out and pocket some profit. The main index dropped 25.82 points, or 0.41 percent, to close at 6,292.09 on Wednesday, Jan. 7. The services...
The Philippine Stock Exchange index (PSEi) rose substantially in reaction to the low December inflation rate of 1.8 percent, which opens the door for an interest rate cut by the Bangko Sentral ng Pilipinas (BSP) in February. The benchmark index surged by 153.38 points, or 2.49 percent, to close at...
The Philippine Stock Exchange index (PSEi) made a strong start for the year 2026 on improving confidence over the local economy after the latest manufacturing data pointed to a return to expansion mode. The main index leaped by 82.14, or 1.36 percent, to close at 6,135.06 on Friday, Jan. 2. The...
Despite an upbeat start in January, capital market observers agree that 2025 was a disappointing year for the Philippine Stock Exchange (PSE) as the local bourse underperformed significantly while its regional peers rallied. The PSE index closed the final trading day of 2025 at 6,052.92 points,...
Local stocks were little changed on Tuesday, Dec. 23, as trading volumes dried up ahead of the year-end holidays, with marginal gains in the mining sector offsetting retreat in service and industrial shares. The Philippine Stock Exchange index (PSEi) edged up 0.65 points, or 0.01 percent, to finish...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Monday, Dec. 22, and recovered last Friday’s lost ground on the back of bargain-hunting and some window-dressing for the year’s end. The main index jumped by 120.39 points, or 2.03 percent, to close at 6,041.26, with the advance...
Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has increased its interest in Rizal Commercial Banking Corp. (RCBC) to 24.46 percent with the acquisition of an additional 4.46-percent equity stake for ₱6.4 billion. RCBC President and Chief Executive Officer (CEO) Reginaldo B. Cariaso said in a...
The Philippine benchmark index retreated on Thursday, Dec. 18, as investors locked in gains while awaiting crucial United States (US) inflation data for cues on the Federal Reserve’s interest rate path. The Philippine Stock Exchange Index dropped 47.54 points, or 0.78 percent, to close at...
