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 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...
The Philippine Stock Exchange index (PSEi) declined on Wednesday, Aug. 5, despite the slightly lower July inflation rate of 6.2 percent as investors took profits ahead of the second-quarter gross domestic product (GDP) data release and amid overseas uncertainties. The main index dipped by 10.33...
Local equities fell as global geopolitical friction and domestic fiscal policy concerns eroded risk appetite, halting a previous session rally. The Philippine Stock Exchange index (PSEi) slipped 38.08 points, or 0.6 percent, to close at 6,296.64 on Tuesday, Aug. 4. Sectoral performance was mixed,...
The Philippine Stock Exchange index (PSEi) rallied on Monday, Aug. 3, after oil prices fell on news that the United States (US) had halted strikes against Iran to allow peace negotiations to resume. The main index jumped 98.28 points, or 1.58 percent, to close at 6,334.72. Services led the gains,...
The Philippine Stock Exchange index (PSEi) fell as the week ended on Friday, July 31, as investors cashed out ahead of the release of inflation and gross domestic product (GDP) data, as well as the rebalancing of the bourse’s benchmark index next week. The main index lost 69.31 points, or 1.1...
Local stocks advanced as investors drew encouragement from signals that the Bangko Sentral ng Pilipinas (BSP) will refrain from aggressive interest-rate hikes, easing worries over rising borrowing costs and bolstering appetite for risk assets. The Philippine Stock Exchange index (PSEi) added 49.01...
The Philippine Stock Exchange index (PSEi) dipped on Tuesday, July 28, after President Ferdinand Marcos Jr.’s State of the Nation Address (SONA) last Monday, July 27, failed to distract investors from concerns over the Middle East and upcoming corporate earnings reports. The main index shed 10.87...
The Philippine Stock Exchange index (PSEi) rose on Monday, July 27, after the halt in hostilities in the Middle East prompted some investors to start bargain-hunting. The main index gained 33.89 points, or 0.54 percent, to close at 6,314.90. Miners led the advance, while conglomerates and...
The Philippine Stock Exchange index (PSEi) dipped on Friday, July 24, as share prices fell amid concerns over rising oil prices and the higher tariff the United States (US) slapped on Philippine goods. The main index shed 2.11 points, or 0.03 percent, to close at 6,281.01. Sectoral indices were...
The Philippine Stock Exchange index (PSEi) was slightly higher on Thursday, July 23, as some investors started bargain hunting despite rising oil prices because of the United States (US)-Iran war. The main index added 15.27 points, or 0.24 percent, to close at 6,283.12. Banks led the advance, while...
