With the earnings season concluding on Monday, Aug. 17, local stock market investors are seen to remain cautious due to uncertainties in the Middle East, while Philippine economic growth remains sluggish and inflation is still high. Some economic data are also seen to provide some stimulus to the...
Local stocks advanced to end the week higher as in-line United States (US) inflation data eased fears of aggressive monetary tightening by the Federal Reserve, prompting investors to seek bargain shares in local equities. The Philippine Stock Exchange index (PSEi) added 9.05 points, or 0.14...
The Philippine Stock Exchange (PSE) reported a 19.8 percent growth in net income to ₱608.38 million for the first half of 2026 from ₱508.03 million in the same period last year as trading activity picked up following a major reduction in transaction tax. In a statement, the bourse said...
Local equities market retreated as the onset of the traditional “Ghost Month” coincided with portfolio shifts triggered by MSCI Inc.’s quarterly benchmark review and persistent local currency weakness, pushing the country’s main stock index to a one-week low. The Philippine Stock Exchange...
The Philippine Stock Exchange index (PSEi) rose on Wednesday, Aug. 12, as investor confidence was boosted by record highs in United States (US) bourses and the positive first-half performance of domestic blue-chip companies. The main index rose by 39.75 points, or 0.63 percent, to close at...
As property development evolves, projects are increasingly valued not only for what they add to the built environment but also for how they support business growth and resilience. This broader approach is reflected in Ayala Land, Inc.’s (ALI) inclusion in the 2026 S&P Global Sustainability...
Local equities climbed on Tuesday, Aug. 11, tracking improved investor sentiment after signals from the Bangko Sentral ng Pilipinas (BSP) that slower economic momentum may curb the need for further monetary tightening. The Philippine Stock Exchange index (PSEi) gained 37.68 points, or 0.6 percent,...
The Philippine Stock Exchange index (PSEi) closed almost flat on Monday, Aug. 10, as investors waited for a catalyst while remaining wary of the country’s slow economic growth and uncertainty in the Middle East. The main index shed 1.14 points, or 0.02 percent, to close at 6,289.21. The...
The local stock market is expected to remain cautious this week as investors await key catalysts, including US inflation and retail sales data, the MSCI rebalancing, and corporate earnings, while lingering concerns over the Middle East conflict and weaker Philippine economic growth continue to...
The Securities and Exchange Commission (SEC) expressed disappointment after two veteran stockbrokers mounted a court challenge against new rules capping the tenures of broker-directors on the Philippine Stock Exchange (PSE) board. The dispute centers on SEC Memorandum Circular No. 17, which...
The Philippine Stock Exchange index (PSEi) edged higher on the last trading day of the week despite weak economic growth data as investors picked up bargains in anticipation of more corporate earnings reports next week. The main index added 12.4 points, or 0.2 percent, to close at 6,290.35 on...
Stocks closed slightly lower as surprising uptick in the domestic unemployment rate and lingering geopolitical tensions sapped investor confidence ahead of the government economic growth report. The Philippine Stock Exchange index (PSEi) shed 8.36 points, or 0.13 percent, to finish at 6,277.95 on...