Sugar Regulatory Administration (SRA) Administrator Pablo Luis Azcona has submitted his courtesy resignation, following the administration’s move to revamp the leaderships of government-owned and/or -controlled corporations (GOCCs). “I think we already received the memo and we ’ re loyal to...
he PSEi rose after the US announced another pause in the implementation of tariffs on products from the European Union. The main index added 41.18 points or 0.64 percent to close at 6,425.80 as Banks led gains accross the board. Volume improved to 601 million shares worth P6.3 billion as gainers...
The Philippine Stock Exchange index (PSEi) ended slightly negative as investors continue their wait-and-see stance as several economic data are die for release later this week. The main index shed 5.32 points or 0.08 percent to close at 6,384.62 with sectoral indices equally divided. Volume...
The PSEi declined on mixed trading as investors waited for the release of economic data due this week. The main index shed 23.16 points or 0.36 percent to close at 6,389.94 with sectoral indices equally divided. Volume was low at 486 million shares worth P4.74 billion as gainers outnumbered losers...
Cardinal Luis Antonio Tagle has been appointed titular cardinal-bishop of Albano, a suburbicarian diocese just outside Rome previously held by Pope Leo XIV before his election, the Catholic Bishops’ Conference of the Philippines (CBCP) confirmed on May 24. Tagle, who currently serves as...
The PSEi rose on the last trading day of the week as uncertainties eased after President Marcos chose to keep his economic team intact after asking his cabinet secretaries to tender their courtesy resignations. The main index jumped 107.73 points or 1.71 percent to close at 6,413.10 as Banks led...
The Philippine Stock Exchange Index (PSEi) resumed its downward trek after a day’s pause as investors cashed out while waiting to see how the President will reconstitute his cabinet. The main index dropped 69.98 points or 1.10 percent to close at 6,305.37 with only the Mining sector managing...
The local equities market finally bounced after a five-day correction as investors began to pick up cheaper stocks. The main index added 40.02 points or 0.63 points to close at 6,375.35 led by the jump in the Mining sector on the back of higher gold prices. Volume was relatively stable at 712...
The PSEi fell today, its fifth straight day of declines, on delayed reaction to the Moody’s downgrade of its credit rating for the US. The main index dropped by 119.51 points or 1.85 percent to close at 6,335.33 with the Services sector leading the retreat across the board. Volume rose to 1.35...
The PSEi dipped only slightly despite a credit rating downgrade for the US by Moody’s. The main index shed 10.69 points or 0.17 percent to close at 6,454.84 with sectoral indices evenly mixed. Volume was firm at 755 million shares worth P6.19 billion as losers outnumbered gainers 109 to 86 with...
The country’s sugar production in the current crop year is expected to reach 1.84 million metric tons (MT), three percent higher than the government’s initial forecast of 1.78 million MT, as the industry steadily recovers from the El Niño phenomenon last year. Data from the Sugar Regulatory...
The PSEi managed to close almost flat despite weaker economic data released both in the US and in the Philippines. The main index shed 1.33 points or 0.02 percent to close at 6,465.53 with sectoral indices evenly divided. Volume was relatively stable at 730 million shares worth P6.59 billion as...
