Local stocks tumbled to their lowest level in nearly six weeks as mounting geopolitical friction in the Middle East sparked broad-based selling, while market participants adopted a cautious stance ahead of the Bangko Sentral ng Pilipinas’ (BSP) monetary policy review. The Philippine Stock...
The Philippine Stock Exchange index (PSEi) managed to end higher on Monday, Aug. 24, as late buying capped a cautious session, with investors waiting for developments in the war between the United States (US) and Iran. The main index added 12.92 points, or 0.21 percent, to close at 6,251.38....
Philippine stock market investors will be mainly looking forward to the Bangko Sentral ng Pilipinas’ (BSP) policy meeting on Thursday, Aug. 27, while continuing to monitor the conflict in the Middle East, which has recently been causing oil prices to rise and the peso to weaken. “With no end in...
The Philippine Stock Exchange (PSE) is spending ₱2.85 billion on new technology, including a new trading engine and AI, to upgrade its operational capabilities and strengthen its self-regulatory functions. “Technology remains a key investment area for the PSE Group,” said PSE President and...
The Philippine Stock Exchange index (PSEi) rebounded as the surge across global markets emboldened investors to hunt for bargains in the local equity market. The PSEi jumped 80.12 points, or 1.3 percent, to close at 6,238.46 on Thursday, Aug. 20, driven by broad-based gains led by a rally in mining...
The Philippine Stock Exchange (PSE) approved the petition for voluntary delisting filed by Robinsons Retail Holdings Inc. (RRHI), setting Aug. 31, 2026, as the official date the firm’s shares will be removed from the local bourse. Trading of RRHI shares has actually been suspended since July 14,...
Local equities declined as the peso dropped to an all-time low against the United States (US) dollar and global oil prices advanced, stoking fears that accelerating inflation will force borrowing costs to stay elevated. The Philippine Stock Exchange index (PSEi) sank 106.36 points, or 1.7 percent,...
Local stocks finished virtually unchanged in Tuesday session, as a late-stage wave of selective bargain hunting offset lingering investor anxiety surrounding Middle East turmoil and cooling domestic economic indicators. The Philippine Stock Exchange index (PSEi) crept up 2.90 points, or 0.05...
The Philippine Stock Exchange index (PSEi) dropped in thin trades on Monday, Aug. 17, as overseas Filipino (OF) remittance growth slowed down, while United States (US) bourses weakened due to softer economic data. The main index lost 35.5 points, or 0.56 percent, to close at 6,261.80. The services...
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...
