The Philippine Stock Exchange index (PSEi) surged on Tuesday, March 31, as investors pounced on undervalued stocks following signs of easing geopolitical tensions in the Middle East and fortification of the nation’s fuel reserves. The benchmark PSEi jumped 79.45 points, or 1.35 percent, to finish...
The Philippine Stock Exchange index (PSEi) fell on Monday, March 30, as the conflict in the Middle East worsens despite efforts by the United States (US) to pursue a more diplomatic tack to break Iran’s blockade of the Strait of Hormuz. The main index plunged by 103.34 points, or 1.73 percent, to...
The Philippine Stock Exchange index (PSEi) was slightly lower on Friday, March 27, after the peso slid to a new low amid high oil prices fueled by the conflict in the Middle East. The main index shed 11.37 points, or 0.19 percent, to close at 5,972.83. Miners led the correction, while conglomerates...
Local stocks surged back above the 6,000 threshold on Wednesday, March 25, as investor sentiment shifted toward optimism following reports that the United States (US) has entered formal negotiations with Iran. The prospect of a diplomatic resolution to Middle East tensions sparked a broad-based...
Local stocks retreated as the peso plummeted to a record low, breaching the psychologically significant 60-per-dollar level, while investors trimmed positions ahead of a long weekend amid escalating geopolitical tensions. The Philippine Stock Exchange index (PSEi) slipped 36.84 points, or 0.6...
Filinvest Development Corp. (FDC), the Gotianun Group’s holding company, reported a 24-percent growth in attributable net income to an all-time high of ₱15 billion last year from the ₱12.1 billion generated in 2024. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, March 19,...
Local equities snapped a three-day losing streak on Tuesday, March 17, as investors engaged in selective bargain hunting, though gains remained capped by persistent anxiety over geopolitical tensions and the trajectory of interest rates. The Philippine Stock Exchange index (PSEi) advanced 19.46...
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) shuttered the public offer for its three-year ASEAN sustainability bonds ahead of schedule as investors swarmed the debt sale. In a disclosure to the Philippine Stock Exchange on Tuesday, March 17, the bank said that it shortened the offer period...
Local stocks retreated for a third consecutive session on Monday, March 16, briefly sliding below the critical psychological threshold as the escalating conflict in the Middle East pressured the local currency and fueled concerns over imported inflation. The Philippine Stock Exchange index (PSEi)...
EastWest has launched AutoCash, a vehicle refinancing product aimed at car owners who need access to funds without selling their vehicle. The product allows borrowers to use their car as collateral and draw from its appraised value while keeping the vehicle in service for everyday use. EastWest...
China Banking Corporation will hold its Annual Meeting of Stockholders on April 16, 2026 (Thursday), at 4:00 PM in a hybrid format, allowing both in-person and remote participation. The in-person meeting will be held at the Penthouse, Chinabank Bldg., 8745 Paseo de Roxas corner Villar St., Makati...
Local stocks retreated as the resurgence in global crude oil prices and the weakening peso soured investor sentiment, overshadowing gains in the conglomerate sector. The Philippine Stock Exchange index (PSEi) dropped 44.75 points, or 0.73 percent, to finish at 6,113.58 in Manila. While the services...