Local stocks retreated on Friday, May 15, pulling the benchmark index back below the 6,000 psychological threshold as sliding peso and cooling remittance data prompted investors to reduce exposure ahead of the weekend. The Philippine Stock Exchange index (PSEi) fell 38.26 points, or 0.64 percent,...
Local equities market climbed back above the key psychological threshold on Thursday, May 14, as late-session bargain hunting offset persistent anxiety over macroeconomic pressures and geopolitical volatility. The Philippine Stock Exchange index (PSEi) advanced 68.25 points, or 1.15 percent, to...
The Philippine Stock Exchange index (PSEi) dropped further on Wednesday, May 13, due to mixed corporate earnings results as well as uncertainty in the Middle East and in local politics. The main index lost 25.2 points, or 0.42 percent, to end at 5,946.78. The industrial sector led the decline,...
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) is positioning its Hexagon Club premium banking program as a financial platform tailored to the evolving needs of Filipino mothers, highlighting services aimed at supporting household financial management, savings, and long-term wealth planning....
Local equities retreated as weaker-than-expected economic growth print and escalating tensions in the Middle East prompted investors to pocket gains before the weekend. The Philippine Stock Exchange index fell 73.3 points, or 1.2 percent, to close at 5,960.97 on Friday, May 9. The Services sector...
The Philippine Stock Exchange index (PSEi) climbed back above the 6,000 threshold, shrugging off the weaker-than-expected economic growth report as investors focused on potential diplomatic breakthroughs between the United States (US) and Iran. The benchmark gauge advanced 67.06 points, or 1.1...
A pre-dawn fire swept through a row of commercial establishments along Holy Spirit Drive in Barangay Holy Spirit, Quezon City on Thursday, May 7, rapidly escalating and reaching second alarm. Initial investigation by the Bureau of Fire Protection–National Capital Region (BFP-NCR) showed the fire...
Local equities rebounded as global market anxieties eased after United States (US) President Donald Trump announced a temporary pause on naval escort operations in the Strait of Hormuz, shifting Washington’s focus toward securing a peace agreement with Iran. The benchmark Philippine Stock...
RL Commercial REIT Inc (RCR)., the real estate investment trust backed by developer Robinsons Land Corp., reported a 41 percent surge in first-quarter net income, buoyed by property injections last year and robust tenant demand. In a disclosure to the Philippine Stock Exchange, the firm said its...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Monday, May 4, as bargain hunting began after more firms reported first-quarter earnings and outlooks while the United States (US) announced its plan to escort ships passing through the Strait of Hormuz. The main index jumped by...
The Philippine Stock Exchange index (PSEi) retreated to end a shortened trading week as investors weighed the compounding risks of surging energy costs, persistent inflation, and a weakening local currency. The benchmark PSEi fell 74.25 points, or 1.26 percent, to close at 5,833.64 on Thursday,...
The Philippine Stock Exchange index (PSEi) snapped a five-day losing streak on Wednesday, April 29, as investors engaged in bargain hunting despite continued depreciation of the local currency. The benchmark PSEi gained 41.1 points, or 0.7 percent, to settle at 5,907.89. The Industrial and Services...
