The Ty family’s investment arm, GT Capital Holdings, Inc., expects to sustain its strong growth trajectory as it reported a 31 percent jump in core net income to ₱18.11 billion due to the record performances of Metrobank, Toyota, and Metro Pacific. In a disclosure to the Philippine Stock...
The local stock market bounced after dropping in the previous three sessions as investors started bargain hunting. The main index added 35.49 points or 0.57 percent to close at 6,289.85 on Tuesday, Aug. 12, as Conglomerates led the advance while Banks continued to decline. Volume jumped to 756...
The Philippine Stock Exchange index (PSEi) dropped on Monday, Aug. 11, as investors sold off stocks due to a lack of fresh market-moving developments. The main index fell by 85.02 points, or 1.34 percent, to close at 6,254.36. Banks led the retreat, with only the Services counter managing to hold...
Tycoon Lucio L. Co’s retail holding company Cosco Capital Inc. reported a 9.3-percent growth in consolidated net income to ₱7.6 billion for the first half of 2025 from the ₱6.97 billion earned in the same period last year as consumer spending continues to improve. In a disclosure to the...
The Philippines and Southeast Asia may attract foreign investments avoiding China and India if the United States (US) pushes through with its threat of higher tariffs on Indian goods, according to the think tank Capital Economics. “[US] President [Donald] Trump’s threat to impose an additional...
The Philippine Stock Exchange (PSE) has finally announced its much-awaited index recomposition where DigiPlus Interactive Corp. will replace Bloomberry Resorts Corp. in the benchmark PSEi’s basket of 30 stocks starting Aug. 18, 2025. The announcement puts an end to speculation on whether DigiPlus...
While Philippine gross domestic product (GDP) growth showed relative strength in the second quarter, private-sector economists believe it is not strong enough to prevent the Bangko Sentral ng Pilipinas (BSP) from further reducing interest rates, as inflation is expected to remain soft and growth...
The Philippine Stock Exchange index (PSEi) dipped despite the slightly higher gross domestic product for the second quarter, as sentiment was affected after Trump said tariffs would be slapped on semiconductor imports. The main index shed 5.96 points or 0.09 percent to close at 6,364.69 on...
The Philippine Stock Exchange index (PSEi) registered an increase on Wednesday, Aug. 6, fueled by optimism that the Bangko Sentral ng Pilipinas (BSP) will cut key interest rates and support the peso. The main index gained 17.02 points, or 0.27 percent, to close at 6,370.65. Sectoral indices were...
The local stock market posted a marginal gain on Tuesday, Aug. 5, following the government 's report that inflation eased in July. The Philippine Stock Exchange index (PSEi) rose by 4.98 points, or 0.08 percent, to close at 6,353.63. The Property sector led the advance, while only the Banks...
The PSEi continued to rise on bargain hunting as investors anticipate a benign inflation rate for July while the peso also firmed up. The main index added 42.52 points, or 0.67 percent, to close at 6,348.65. Sectoral indices were equally divided, with the property counter leading advancers. A total...
The local stock market finally paused from its six-day losing streak as investors finally decided to pick up bargains after the United States (US) extended its tariff deadline. The main index rose by 53.40 points, or 0.85 percent, to close at 6,306.13. Conglomerates led the advance, although miners...
