The Securities and Exchange Commission (SEC) is seeking formal counter-proposal from stockbrokers as tensions escalate over the plan to impose term limits on directors at the Philippine Stock Exchange (PSE). SEC Chairman Francis Lim said that while he remains open to feedback from the Philippine...
Local stocks are poised to remain under pressure as an escalating conflict in the Middle East—labeled by analysts as the decade’s second “Black Swan” event—threatens to offset attractive local valuations. The benchmark Philippine Stock Exchange index (PSEi) is struggling to maintain its...
Local stocks retreated as the peso plummeted to a record low, breaching the psychologically significant 60-per-dollar level, while investors trimmed positions ahead of a long weekend amid escalating geopolitical tensions. The Philippine Stock Exchange index (PSEi) slipped 36.84 points, or 0.6...
The Philippine Stock Exchange (PSE) is standing by its ₱170 billion capital-raising target for the year, betting that a de-escalation of Middle East hostilities will allow the recovery in investor sentiment after a volatile start to the year. The local bourse entered the year on a strong...
Local equities snapped a three-day losing streak on Tuesday, March 17, as investors engaged in selective bargain hunting, though gains remained capped by persistent anxiety over geopolitical tensions and the trajectory of interest rates. The Philippine Stock Exchange index (PSEi) advanced 19.46...
Three of the country’s top business leaders remain optimistic that the ongoing conflict in the Middle East will be resolved within the year, although it may lead to weaker consumer demand, rising operating expenses (opex), and higher interest rates. During the Philippine Stock Exchange ’ s...
Local stocks retreated for a third consecutive session on Monday, March 16, briefly sliding below the critical psychological threshold as the escalating conflict in the Middle East pressured the local currency and fueled concerns over imported inflation. The Philippine Stock Exchange index (PSEi)...
The Securities and Exchange Commission (SEC) has cleared a plan by PNB Holdings Corp., the real estate arm of Philippine National Bank, to list its shares on the local bourse by way of introduction, paving the way for the lender to unlock value from its prime property portfolio. The Commission En...
The local stock market is expected to remain bearish this week due to the ongoing conflict in the Middle East and its impact on oil prices and the peso, while investors will also keep an eye on remittances from overseas Filipinos (OFs) last January. “Investors are expected to monitor the...
The Philippine Stock Exchange (PSE) will hold its flagship investment conference InvestPH for a second year from March 17 to 19, 2026, to showcase investment prospects in the country, particularly among publicly listed companies (PLCs). “After the successful inaugural run last year, we are...
The Philippine Stock Exchange index (PSEi) dropped back to the 6,000 level on Friday, March 13, as global markets reacted to Iran’s intent to close the Strait of Hormuz and send oil prices to $200 a barrel. The main index dropped 54.64 points, or 0.89 percent, to close at 6,058.94. The mining...
Local stocks retreated as the resurgence in global crude oil prices and the weakening peso soured investor sentiment, overshadowing gains in the conglomerate sector. The Philippine Stock Exchange index (PSEi) dropped 44.75 points, or 0.73 percent, to finish at 6,113.58 in Manila. While the services...