Local equities market declined as investors adopted defensive posture ahead of next week’s economic growth data, erasing previous gains in session characterized by thinner trading and political uncertainty. The Philippine Stock Exchange index (PSEi)) fell 65.34 points, or 1.02 percent, to...
The Philippine Stock Exchange index (PSEi) rebounded on Thursday, Jan. 22, as investors engaged in bargain hunting, tracking the Wall Street recovery fueled by de-escalating geopolitical tensions over United States (US) interests in Greenland. The benchmark PSEi gained 68.50 points, or 1.08...
Local equities fell for a fourth consecutive day, tracking a global retreat in risk assets after United States (US) President Donald Trump escalated trade tensions with fresh round of tariff threats against European allies to pressure the sale of Greenland. The Philippine Stock Exchange index...
The Philippine Stock Exchange index (PSEi) started the week lower as investors took profits from recent gains, as expected. The main index dropped 26.89 points, or 0.42 percent, to close at 6,437.78 on Monday, Jan. 19. Banks led the retreat, although the services sector advanced, while the...
The Philippine Stock Exchange index (PSEi) rebounded sharply on Thursday, Jan. 15, as investors bet on looming interest rate reduction by the central bank and digested an optimistic medium-term growth outlook from the World Bank. The main index climbed 97.72 points, or 1.53 percent, to finish at...
Profit-taking continued to pull down the Philippine Stock Exchange index (PSEi) as sentiment was weighed down by the weaker peso, which fell to a new record low of ₱59.44 versus the United States (US) dollar on Wednesday, Jan. 14. The main index dropped 18.95 points, or 0.3 percent, to close at...
The Philippine Stock Exchange (PSE) extended its winning streak to open the week as investors increased bets that a looming pivot toward monetary easing will catalyze domestic economic growth. The PSE Index climbed 71.82 points, or 1.1 percent, to finish at 6,419.96 on Monday, Jan. 12. The move...
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...
