Local stocks fell, ending the week lower as a second day of United States (US) airstrikes in Iran drove oil prices higher, stoking renewed global inflation fears and dimming investor appetite for risk assets. The Philippine Stock Exchange index (PSEi) slid 31.30 points, or 0.53 percent, to close at...
The Philippine Stock Exchange index (PSEi) dipped marginally on Wednesday, June 10, after shots were again fired between the United States (US) and Iran as the prolonged conflict approached its 100th day. The main index shed 4.35 points, or 0.07 percent, to close at 5,941.36. Mining and oil stocks...
Local equities rebounded from a previous session of losses as investors seized on beaten-down shares following the fragile de-escalation of geopolitical hostilities in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 66.3 points, or 1.13 percent, to settle at 5,945.71 on...
The Philippine Stock Exchange index (PSEi) opened the week on a negative note as share prices dropped on Monday, June 8, following an escalation in hostilities in the Middle East. The main index lost 58.97 points, or 0.99 percent, to close at 5,879.41. Miners led the retreat across the board due to...
Local equities advanced as consumer price growth slowed more than economists anticipated, tempering fears of prolonged aggressive monetary tightening, but gains were capped later in the session amid escalating geopolitical tensions in the Middle East. The benchmark Philippine Stock Exchange index...
Local stocks declined, snapping a three-day rally, as investors locked in profits ahead of the inflation data and amid escalating geopolitical tensions in the Middle East that threatened to disrupt global energy markets. The benchmark Philippine Stock Exchange index (PSEi) slid 41.24 points, or...
Local equities rose for the third consecutive session as International Container Terminal Services Inc. (ICTSI) single-handedly propelled the benchmark index higher, masking widespread weakness across the broader market. The Philippine Stock Exchange index (PSEi) gained 40.48 points, or 0.69...
Local stocks surged, reclaiming the key psychological threshold, as rollback in domestic fuel prices and the strengthening local currency lured bargain hunters back to the equity market. The Philippine Stock Exchange index (PSEi) advanced 1.95 percent, or 113.37 points, to close at 5,912.69 on...
The Philippine Stock Exchange index (PSEi) rose on bargain hunting on Monday, June 1, after the steep drop over the last three trading days of the previous week. The main index added 30.56 points, or 0.53 points, to close at 5,799.32, mainly on the strength of the services sector as three sectors...
The Philippine Stock Exchange index (PSEi) plunged on Thursday, May 28, as hopes for peace in the Middle East dimmed following fresh United States (US) strikes in Iran while the two countries’ positions remain incompatible. The main index fell by 103.3 points, or 1.73 percent, to close at...
The Philippine Stock Exchange index (PSEi) dropped on Tuesday, May 26, as investors took profits ahead of the Eid al-Adha holiday on concern over the Middle East situation after the United States (US) launched strikes against Iran. The main index lost 46.14 points, or 0.77 percent, to close at...
The Philippine Stock Exchange index (PSEi) rose for the third day in a row on Monday, May 25, as oil prices continued to decline on hopes for successful peace negotiations between the United States (US) and Iran. The main index added 47.98 points, or 0.8 percent, to close at 6,009.38. Banks led the...
