With no economic news to be announced this week at the local front, stock market investors will be looking to the United States (US) for news on interest rates and tariffs as well as jobs and manufacturing data on Thursday, plus reports of early birds for the second-quarter earnings season. Online...
The PSEi climbed back to the 6,300 level on mild bargain hunting spurred by gains in United States (US) bourses. The main index added 8.17 points, or 0.13 percent, to close at 6,303.72. Sectoral indices were evenly split. Volume rose to 1.66 billion shares worth ₱8.43 billion, as losers...
Market sentiment is showing certain signs of improvement, an emerging consensus among the biggest players. Amidst growing geopolitical tensions, the outlook remains positive, with the domestic bourse gradually becoming “more conducive” to initial public offerings (IPOs). Mobile wallet service...
The Philippine Stock Exchange index (PSEi) continued to weaken on Thursday, July 17, as investors worried about US President Donald Trump’s proposed tariffs and reports of his plan to change leadership at the US Federal Reserve. The main index lost 41.93 points, or 0.66 percent, to close at...
The Philippine Stock Exchange index (PSEi) plunged following news of a higher United States (US) inflation rate for June. The main index fell by 121.99 points, or 1.89 percent, to close at 6,337.48 on Wednesday, July 16. Miners and conglomerates led the retreat of all sectors. Volume excluding...
The Philippine Stock Exchange index (PSEi) reversed Monday’s gains, closing down 65.57 points, or 1.0 percent, on Tuesday, July 15, at 6,459.47. Renewed concerns over US tariffs and a weaker peso weighed on the main index, with conglomerates leading a broad retreat. Volume was lighter at 1.65...
The local stock market bounced back after last week’s decline, which was a knee-jerk reaction to higher tariffs that may be imposed by the United States (US) on Philippine goods. The main index jumped 65.16 points, or 1.01 percent, to close at 6,525.04. Miners and conglomerates led the advance...
Not even the higher tariff that the United States (US) plans to impose on Philippine goods would dampen the local equity market, thanks to strong domestic macroeconomic fundamentals, according to global investment banking giant Goldman Sachs. In a July 11 report obtained by Manila Bulletin, Goldman...
The acquisition of over 90 percent of the Philippine Dealing System Holdings Corporation (PDSHC) has boosted the net income of the Philippine Stock Exchange by 25 percent, ₱495.7 million for the first six months of 2025 from ₱398 million in the same period last year. In a disclosure, the bourse...
Despite uncertainties posed by United States (US) tariffs, the Philippine Stock Exchange’s (PSE) pipeline for capital to be raised at the bourse is getting more robust with the target for 2025 upgraded again, this time to ₱186.3 billion as more firms apply to list stocks for the second...
Local stock market investors are closely watching two key developments this week, updates on trade negotiations between the Philippines and the United States (U.S.) and the release of data on remittances from overseas Filipinos (OFs). “The US’ planned 20-percent tariffs against the Philippines...
The Philippine Stock Exchange, Inc. (PSE) has re-elected the company’s board of directors at its annual stockholders’ meeting on Saturday, July 12, ensuring the continuity of ongoing reforms and initiatives aimed at attracting more listings and enhancing capital market liquidity. The...
