The Philippine Stock Exchange index (PSEi) fell below the 6,000 level on Friday, April 17, as investors cashed out ahead of the weekend amid concern over the economic impact of the oil crisis. The main index lost 64.56 points, or 1.06 percent, to close the week at 5,999.13. Conglomerates led the...
The Securities and Exchange Commission (SEC) urges financing and lending companies to adopt relief measures for borrowers whose ability to pay their debts may have been compromised by rising fuel prices resulting from the conflict in the Middle East. In a notice dated April 16, the Commission...
The Securities and Exchange Commission (SEC) has warned the public against transacting with three individuals and entities engaged in unauthorized investment schemes, financing, and lending activities. In separate advisories, the SEC alerted the public against Marexx Gadgets and Accessories Shop, a...
Local stocks ended the volatile session virtually unchanged as investors weighed the prospect of extended diplomatic talks in the Middle East against the persistent threat of crude-driven inflation. The Philippine Stock Exchange index (PSEi) edged up 0.34 point, or 0.01 percent, to close at...
The Philippine Stock Exchange index (PSEi) bounced on Wednesday, April 15, as news of another round of United States (US)-Iran talks led to some bargain hunting. The main index added 50.25 points, or 0.84 percent, to close at 6,063.35. Banks and services led the advance across the board. Volume...
The Securities and Exchange Commission (SEC) has extended by 15 days to one month the deadlines for filing 2025 annual financial statements (AFS) and related reportorial requirements of corporations with a fiscal year (FY) ending Dec. 31, 2025. In a notice, the SEC said the extension was approved...
Local equities market extended its decline on Tuesday, April 14, as escalating tensions in the Middle East and domestic political instability dampened investor appetite, offsetting otherwise positive global leads. The Philippine Stock Exchange index (PSEi) retreated 40.95 points, or 0.68 percent,...
The Philippine Stock Exchange index (PSEi) declined on Monday, April 13, after hopes for an early resolution of the Middle East conflict were dashed because the United States (US)-Iran talks failed and US President Donald Trump issued more threats. The main index lost 44.16 points, or 0.72 percent,...
The Securities and Exchange Commission (SEC) is intensifying its crackdown on unauthorized investment schemes, naming two entities, Ecocapsule and the HTX group, in its latest round of regulatory warnings. In a formal advisory, the regulator stated that Ecocapsule is operating without the necessary...
This week, stock market investors will continue to take cues from developments in the Middle East, particularly whether the temporary ceasefire will hold and if there will be progress in United States (US)-Iran negotiations. “Investors are expected to monitor developments among the countries...
Local stocks finished marginally higher in thin trading on Friday, April 10, as investors balanced optimism from a Wall Street rally against heightened anxiety over upcoming geopolitical negotiations. The Philippine Stock Exchange index (PSEi) edged up 8.30 points, or 0.14 percent, to end the week...
The ceasefire-driven rally of Asian currencies, including the Philippine peso, may be short-lived as global oil risks linger, according to Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC). In an April 9 report, OCBC Group Research foreign exchange (FX) strategists Sim Moh Siong and...
