The Philippine Stock Exchange index (PSEi) fell below the 6,000 level on Friday, April 17, as investors cashed out ahead of the weekend amid concern over the economic impact of the oil crisis. The main index lost 64.56 points, or 1.06 percent, to close the week at 5,999.13. Conglomerates led the...
The Philippine Stock Exchange index (PSEi) bounced on Wednesday, April 15, as news of another round of United States (US)-Iran talks led to some bargain hunting. The main index added 50.25 points, or 0.84 percent, to close at 6,063.35. Banks and services led the advance across the board. Volume...
Local equities market extended its decline on Tuesday, April 14, as escalating tensions in the Middle East and domestic political instability dampened investor appetite, offsetting otherwise positive global leads. The Philippine Stock Exchange index (PSEi) retreated 40.95 points, or 0.68 percent,...
Batangas 2nd district Rep. Gerville “Jinky Bitrics” Luistro set a somewhat defiant tone in the resumption of the House Committee on Justice 's impeachment proceedings against Vice President Sara Duterte on Tuesday, April 14. Luistro, chairperson of justice committee did so by referencing...
The Philippine Stock Exchange index (PSEi) declined on Monday, April 13, after hopes for an early resolution of the Middle East conflict were dashed because the United States (US)-Iran talks failed and US President Donald Trump issued more threats. The main index lost 44.16 points, or 0.72 percent,...
The government exceeded its short-term borrowing target on Monday, April 13, as investors swarmed the primary market, driving down yields across all maturities and ending a month-long streak of underwhelming auctions. The Bureau of the Treasury raised ₱32.1 billion in three-month, six-month, and...
This week, stock market investors will continue to take cues from developments in the Middle East, particularly whether the temporary ceasefire will hold and if there will be progress in United States (US)-Iran negotiations. “Investors are expected to monitor developments among the countries...
Local stocks finished marginally higher in thin trading on Friday, April 10, as investors balanced optimism from a Wall Street rally against heightened anxiety over upcoming geopolitical negotiations. The Philippine Stock Exchange index (PSEi) edged up 8.30 points, or 0.14 percent, to end the week...
Irish actor Michael Patrick, known for his role as a Wildling in "Game of Thrones" Season 6, has passed away at the age of 35 after a three-year battle with Motor Neurone Disease (MND). He died on April 7, in a hospice in Northern Ireland, surrounded by his family and loved ones. His passing was...
Batangas 2nd district Rep. Gerville "Jinky Bitrics" Luistro insisted that the House of Representatives ' impeachment proceedings against Vice President Sara Duterte were faultless following the Supreme Court 's (SC) non-issuance of a temporary restraining order (TRO) agaisnt it. “We...
The Philippine Stock Exchange index (PSEi) rallied back to the 6,000 level on Wednesday, April 8, after the United States (US) and Iran agreed to a ceasefire, which led to a drop in oil prices. The main index surged by 132.04 points, or 2.22 percent, to close at 6,089.91. Miners led the charge...
The Philippine Stock Exchange index (PSEi) inched up on Tuesday, April 7, as bargain hunting prevailed despite the impact of the higher-than-expected inflation rate on investor sentiment. The main index added 9.54 points, or 0.16 percent, to close at 5,957.87. Miners led the advance while the...
