The Philippine Stock Exchange index (PSEi) made a strong start for the year 2026 on improving confidence over the local economy after the latest manufacturing data pointed to a return to expansion mode. The main index leaped by 82.14, or 1.36 percent, to close at 6,135.06 on Friday, Jan. 2. The...
Local stocks were little changed on Tuesday, Dec. 23, as trading volumes dried up ahead of the year-end holidays, with marginal gains in the mining sector offsetting retreat in service and industrial shares. The Philippine Stock Exchange index (PSEi) edged up 0.65 points, or 0.01 percent, to finish...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Monday, Dec. 22, and recovered last Friday’s lost ground on the back of bargain-hunting and some window-dressing for the year’s end. The main index jumped by 120.39 points, or 2.03 percent, to close at 6,041.26, with the advance...
The Philippine benchmark index retreated on Thursday, Dec. 18, as investors locked in gains while awaiting crucial United States (US) inflation data for cues on the Federal Reserve’s interest rate path. The Philippine Stock Exchange Index dropped 47.54 points, or 0.78 percent, to close at...
Philippine stocks climbed as a stronger peso and a retreat in crude oil prices spurred bargain hunting following a brief bout of profit-taking. The Philippine Stock Exchange index advanced 23.34 points, or 0.39 percent, to end at 6,079.02 on Wednesday, Dec. 17. While the services sector led the...
The Philippine Stock Exchange index (PSEi) dipped on last minute profit-taking on Tuesday, Dec. 16, as investors waited for fresh economic data from the United States (US). The main index shed 2.34 points, or 0.04 percent, to close at 6,055.68. The services and mining sectors fell, while the...
The Philippine Stock Exchange Index (PSEi) recovered from the previous day’s decline, adding 30.06 points, or 0.50 percent, to close at 5,990.00 on Thursday, Dec. 11. The advance followed expected rate cuts from both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP). Banks led the...
The Philippine Stock Exchange index (PSEi) was higher on Tuesday, Dec. 9, as investors anticipate the rate cuts that may be announced by the Bangko Sentral ng Pilipinas (BSP) and the United States Federal Reserve (US Fed). The main index added 27.42 points, or 0.46 percent, to close at 5,976.64....
The Philippine Stock Exchange index (PSEi) fell on Wednesday, Dec. 3, due to the ballooning national debt, weaker peso, and the sudden resignation of Rogelio Singson from the body investigating anomalous flood-control projects. The main index dropped 88.56 points, or 1.48 percent, to close at...
The Philippine Stock Exchange Index (PSEi) corrected on Monday, Dec. 1, with investors booking gains after the country’s manufacturing index fell. The main index dropped 32.95 points, or 0.55 percent, to close at 5,989.29. Conglomerates led the retreat, even as the Services and Mining sectors...
The Philippine Stock Exchange index (PSEi) on Friday, Nov. 28, more than recovered the previous day’s losses as the market took confidence from global debt watcher S&P’s affirmation of the country’s investment-grade credit rating. The main index rose by 53.11 points, or 0.89 percent, to close...
Philippine stocks failed to hold the key 6,000-level on Thursday, Nov/ 27, as investors immediately took profit from the previous session’s advance, pulling the main index lower. The Philippine Stock Exchange Index (PSEi) dropped 35.57 points, or 0.59 percent, to close at 5,969.13. Banks led the...