Local stock market may face selling pressure this week as investors lock in gains following a three-week rally, while shifting their focus to upcoming data on foreign investment and remittances for further direction. The Philippine Stock Exchange index (PSEi) has shown a bullish bias recently,...
The Philippine Stock Exchange index (PSEi) closed the week in the green as investors continued to buy up shares amid upbeat economic forecasts as well as increased foreign buying. The main index added 27.47 points, or 0.43 percent, to close at 6,348.14 on Friday, Jan. 9. Services still led the...
The Securities and Exchange Commission (SEC) has amended the rules governing real estate investment trusts (REITs), expanding the scope of REIT-able income-generating assets and allowing the use of established investment structures, including unlisted special purpose vehicles (SPVs) and...
Local stocks edged higher as investors focused on the prospect of interest-rate cuts by the central bank, looking past the record low for the local currency and a mixed batch of economic data. The Philippine Stock Exchange index rose 28.58 points, or 0.45 percent, to close at 6,320.67 on Thursday,...
The Securities and Exchange Commission (SEC) has authorized La Union Electric Co. Inc. to proceed with a ₱251 million direct public offering, the second utility to utilize the regulator’s expedited registration process to fund infrastructure upgrades. The San Fernando-based power distributor...
The Securities and Exchange Commission (SEC) has cautioned the public against using online trading platforms Exness Global Ltd. and HF Markets (HFM), alleging that the firms are illegally soliciting investments from local investors. In separate advisories, the regulator said both Exness Global and...
The Philippine Stock Exchange index (PSEi) took a breather after its three-day rally as the higher national debt and weaker peso prompted investors to cash out and pocket some profit. The main index dropped 25.82 points, or 0.41 percent, to close at 6,292.09 on Wednesday, Jan. 7. The services...
It’s the New Year, and many are wondering how their stock portfolios performed in 2025. For most Filipinos, the results have been disappointing. Headlines talk about political uncertainty and weak growth, while the Philippine Stock Exchange Index (PSEi) hovers near 6,000—roughly the same level...
The Philippine Stock Exchange index (PSEi) rose substantially in reaction to the low December inflation rate of 1.8 percent, which opens the door for an interest rate cut by the Bangko Sentral ng Pilipinas (BSP) in February. The benchmark index surged by 153.38 points, or 2.49 percent, to close at...
Investment & Capital Corporation of the Philippines (ICCP) expects a new wave of real estate investment trust listings to reach the local market, driven by proposed regulatory changes and the shifting interest-rate environment. The Securities and Exchange Commission (SEC) is moving to amend rules...
Philippine stocks extended their New Year rally for a second session as investors placed bets on a cooling inflation print and welcomed a retreat in global crude prices. The Philippine Stock Exchange index (PSEi) advanced 29.47 points, or 0.48 percent, to finish at 6,164.53 on Monday, Jan. 5. While...
More delistings at the Philippine Stock Exchange are expected this year as low share prices make it challenging to raise capital, thus making it unappealing for public companies to bear the burden of complying with stringent requirements to remain listed at the bourse. Abacus Securities Vice...
