The Philippine Stock Exchange index (PSEi) dropped on concern that the Philippine national debt will balloon further next year. The main index shed 33.24 points, or 0.53 percent, to close at 6,291.85, although sectoral indices were equally divided. “The market slipped today as some investors may...
The defense team of Vice President Sara Duterte is getting ready to face another impeachment complaint against her by February next year. Lawyer Michael Poa, one of the 16-member defense team for the Vice President, mentioned the “big possibility” that another impeachment complaint will be...
The local stock market bounced after dropping in the previous three sessions as investors started bargain hunting. The main index added 35.49 points or 0.57 percent to close at 6,289.85 on Tuesday, Aug. 12, as Conglomerates led the advance while Banks continued to decline. Volume jumped to 756...
The Philippine Stock Exchange index (PSEi) dropped on Monday, Aug. 11, as investors sold off stocks due to a lack of fresh market-moving developments. The main index fell by 85.02 points, or 1.34 percent, to close at 6,254.36. Banks led the retreat, with only the Services counter managing to hold...
The Philippine Stock Exchange index (PSEi) registered an increase on Wednesday, Aug. 6, fueled by optimism that the Bangko Sentral ng Pilipinas (BSP) will cut key interest rates and support the peso. The main index gained 17.02 points, or 0.27 percent, to close at 6,370.65. Sectoral indices were...
In celebration of Filipino design and elegance, fashion designer Michael Leyva has opened the doors to his newest flagship atelier at The Peninsula Manila in Makati City. The July 30 affair gathered Manila’s most stylish set, influential figures, industry tastemakers, and high-profile...
The PSEi continued to rise on bargain hunting as investors anticipate a benign inflation rate for July while the peso also firmed up. The main index added 42.52 points, or 0.67 percent, to close at 6,348.65. Sectoral indices were equally divided, with the property counter leading advancers. A total...
The local stock market will be taking cues from several Philippine economic reports—including inflation, jobs, and gross domestic product (GDP)—as well as corporate earnings while the recent weakness of the peso and concern over United States (US) tariffs will continue to cast a shadow over...
The local stock market finally paused from its six-day losing streak as investors finally decided to pick up bargains after the United States (US) extended its tariff deadline. The main index rose by 53.40 points, or 0.85 percent, to close at 6,306.13. Conglomerates led the advance, although miners...
The Philippine Stock Exchange index (PSEi) extended its losing streak, dropping 65.50 points or 1.04 percent to close at 6,252.73 on Thursday, July 31. Mining shares led the broad retreat. Volume increased to 902 million shares valued at P7.85 billion, with losers outnumbering gainers 134 to 61,...
The Philippine Stock Exchange index (PSEi) closed in the red for the fifth consecutive day, as investors exercised caution ahead of an Aug. 1 deadline for talks on US tariffs. The main index shed 7.19 points, or 0.11 percent, to close at 6,318.23 on Wednesday, July 30. Banks led the decline, while...
The camp of Vice President Sara Duterte is ready to face another impeachment complaint against her, in case one is filed by 2026 after the one-year bar rule. Lawyer Michael Poa, one of the 16 defense lawyers of the Vice President, said in an interview on GMA’s Unang Balita on Tuesday, July 29,...
