Local equities market retreated as the onset of the traditional “Ghost Month” coincided with portfolio shifts triggered by MSCI Inc.’s quarterly benchmark review and persistent local currency weakness, pushing the country’s main stock index to a one-week low. The Philippine Stock Exchange...
The Philippine Stock Exchange index (PSEi) rose on Wednesday, Aug. 12, as investor confidence was boosted by record highs in United States (US) bourses and the positive first-half performance of domestic blue-chip companies. The main index rose by 39.75 points, or 0.63 percent, to close at...
As property development evolves, projects are increasingly valued not only for what they add to the built environment but also for how they support business growth and resilience. This broader approach is reflected in Ayala Land, Inc.’s (ALI) inclusion in the 2026 S&P Global Sustainability...
Local equities climbed on Tuesday, Aug. 11, tracking improved investor sentiment after signals from the Bangko Sentral ng Pilipinas (BSP) that slower economic momentum may curb the need for further monetary tightening. The Philippine Stock Exchange index (PSEi) gained 37.68 points, or 0.6 percent,...
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 local stock market is expected to remain cautious this week as investors await key catalysts, including US inflation and retail sales data, the MSCI rebalancing, and corporate earnings, while lingering concerns over the Middle East conflict and weaker Philippine economic growth continue to...
The Securities and Exchange Commission (SEC) expressed disappointment after two veteran stockbrokers mounted a court challenge against new rules capping the tenures of broker-directors on the Philippine Stock Exchange (PSE) board. The dispute centers on SEC Memorandum Circular No. 17, which...
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...
Veteran stockbrokers Ma. Vivian Yuchengco and Eddie T. Gobing have asked the Court of Appeals to bar the Securities and Exchange Commission (SEC) from implementing its new rule imposing term limits on broker-directors of the Philippine Stock Exchange (PSE) board. In their petition, they asked the...
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...
An iconic scene in The Odyssey is Odysseus’ encounter with the Sirens. Their singing was so beautiful that anyone who heard it lost all self-control. Captivated by the music, sailors would steer their ships toward the Sirens and crash into the rocks. Odysseus wanted to hear the song without...
