The Philippine Stock Exchange index (PSEi) closed a lackluster year in the red, but above the 6,000 level, as investors exercised caution on the last trading day of 2025. The main index lost 12.72 points, or 0.21 percent, to close at 6,052.92 on Monday, Dec. 29. The property sector led the decline...
Local stocks extended their climb on Thursday, Dec. 26, as investors gingerly repositioned portfolios for the coming year, though a lack of fresh catalysts and the holiday lull kept trading activity subdued. The Philippine Stock Exchange index gained 23.73 points, or 0.39 percent, to finish at...
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...
The Lucio Tan Group’s (LTG) lender, Philippine National Bank (PNB), has entered into a strategic partnership with Discovery Capital Finance Corp. (DCFC) through the signing of a loan facility agreement to boost financial support for small and medium enterprises (SMEs). The new loan facility...
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...
Philippine stocks climbed as a stronger peso and a retreat in crude oil prices spurred bargain hunting following a brief bout of profit-taking. The Philippine Stock Exchange index advanced 23.34 points, or 0.39 percent, to end at 6,079.02 on Wednesday, Dec. 17. While the services sector led the...
Ty-led GT Capital Holdings Inc. units are exiting a long-standing real estate joint venture, selling their combined 52 percent stake in Crown Central Properties Corp. to partner Crown Equities Inc. (CEI) for ₱73.48 million. In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday,...
The Philippine Stock Exchange index (PSEi) dipped on last minute profit-taking on Tuesday, Dec. 16, as investors waited for fresh economic data from the United States (US). The main index shed 2.34 points, or 0.04 percent, to close at 6,055.68. The services and mining sectors fell, while the...
The local stock market started the week on firmer footing, with investor sentiment continuing to be supported by signs that the central bank may cut rates further. The main index added 21.3 points, or 0.35 percent, to close at 6,058.02 on Monday, Dec. 15. The mining and property sectors led the...
The Philippine Stock Exchange Index (PSEi) recovered from the previous day’s decline, adding 30.06 points, or 0.50 percent, to close at 5,990.00 on Thursday, Dec. 11. The advance followed expected rate cuts from both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP). Banks led the...
The Philippine Stock Exchange index (PSEi) was higher on Tuesday, Dec. 9, as investors anticipate the rate cuts that may be announced by the Bangko Sentral ng Pilipinas (BSP) and the United States Federal Reserve (US Fed). The main index added 27.42 points, or 0.46 percent, to close at 5,976.64....
State-owned Philippine Guarantee Corp. (PHILGUARANTEE) has partnered with Discovery Capital Finance Corp. (DCFC), one of the fastest-growing financing institutions in the Philippines, to expand credit access for small and medium enterprises (SMEs) across the country. The strategic alliance...
