Local stocks snapped their four-day winning streak as weakening currency prompted investors to lock in recent profits, pulling the benchmark index back from near-overbought levels. The Philippine Stock Exchange index (PSEi) fell 81.92 points, or 1.28 percent, to close at 6,333.80 on Tuesday, July...
The Philippine Stock Exchange (PSE) is proposing a phased increase in the minimum capital required for stockbrokers and dealers to ₱100 million to hedge against rising transaction sizes, inflation, and systemic risks. The exchange issued a memorandum requesting public feedback through July 31,...
The Philippine Stock Exchange (PSE) is executing its biggest overhaul of index rules in more than a decade, cutting the public float requirement for giant companies and tightening liquidity tests to make its benchmarks more reflective of market activity. The exchange said it is revising its PSE...
Local equities managed to carve out modest gains on Monday, July 20, holding above a key technical floor as strength in heavyweights like International Container Terminal Services Inc. (ICTSI) offset growing anxiety over rising global oil prices sparked by conflict in the Middle East. The...
The domestic capital market ground to a complete halt in the first half of the year, failing to log a single initial public offering (IPO) even as Southeast Asian neighbors captured billions in blockbuster listings. According to data from the Deloitte Southeast Asia Mid-Year IPO Snapshot 2026, the...
While easing inflation in the United States (US) reduced concerns over an interest rate hike, the impact of renewed hostilities in the Middle East is seen weighing on investor sentiment in the local stock market this week. “The US-Iran war remains the biggest downside risk to the local bourse....
Local equities advanced, pushing the benchmark index back above the key 6,400 threshold, as the temporary breather in global energy markets and anticipation of strong second-quarter earnings lured bargain hunters back to the table. The Philippine Stock Exchange index (PSEi) climbed 78.96 points, or...
Local equities rose for the second consecutive day as easing concern over the path of United States (US) interest rates and major foreign investment proposal in the local energy sector bolstered investor sentiment, overshadowing geopolitical tensions in the Middle East. The Philippine Stock...
International Container Terminal Services Inc. (ICTSI) has become the first company listed on the Philippine Stock Exchange (PSE) to surpass a market capitalization (MCAP) of ₱2 trillion, underscoring sustained investor confidence in the port operator’s global expansion. In a statement on...
The Philippine Stock Exchange index (PSEi) rose on Wednesday, July 15, lifted by gains on United States (US) markets after a lower inflation rate eased fears of an aggressive US Federal Reserve (Fed) rate hike. The main index gained 46.48 points, or 0.74 percent, to close at 6,302.5. Banks led the...
Local equities slipped as rising crude prices and intensifying geopolitical friction in the Middle East drove investors to the sidelines. The Philippine Stock Exchange index (PSEi) fell 9.7 points, or 0.15 percent, to close at 6,256.02 on Tuesday, July 14, due to cautious sentiment across regional...
The Philippine Stock Exchange (PSE) suspended trading of Robinsons Retail Holdings Inc. (RRHI) on July 13, after a share buyout by the founding Gokongwei family squeezed the company’s public ownership to a fraction of a percent, effectively trapping remaining minority shareholders. The trading...