Investors in the equity market are bracing for a week of high-stakes data releases, with February inflation figures and a heavy slate of United States (US) economic indicators expected to dictate the trajectory of the benchmark index. After a strong finish in February, the Philippine Stock Exchange...
The Philippine Stock Exchange index (PSEi) snapped a seven-day winning streak on Friday, Feb. 27, as investors locked in gains and digested disappointing trade figures. The benchmark gauge fell 14.22 points, or 0.21 percent, to close at 6,611.24 in Manila. While property developers led the decline,...
Local equities market extended its winning streak to the seventh consecutive session on Thursday, Feb. 26, though a wave of late-session profit-taking pared gains as investors locked in returns from the recent rally. The Philippine Stock Exchange index (PSEi) edged higher by 5.59 points, or 0.08...
The Philippine stock benchmark climbed for a sixth consecutive session, reclaiming the 6,600 level as a strengthening peso and optimistic corporate earnings outlooks spurred a broad-based rally. The Philippine Stock Exchange index (PSEi) advanced 71.89 points, or 1.1 percent, to finish at 6,619.87...
Local stocks climbed for a fifth consecutive session to reach a nine-month high as strengthening peso and robust corporate earnings results insulated the market from the broader global selloff. The Philippine Stock Exchange index (PSEi) gained 59.47 points, or 0.9 percent, to finish at its intraday...
The Philippine Stock Exchange index (PSEi) gained on the back of positive corporate earnings reports as well as the United States (US) high court ruling against US President Donald Trump’s tariffs. The main index added 23.39 points, or 0.36 percent, to close at 6,488.51. Miners led the advance,...
Local stocks are expected to trade on the strength of corporate earnings this week as investors pivot away from a sparse economic calendar and focus on the health of the private sector. With the fourth-quarter and full-year 2025 reporting season underway, analysts suggest corporate performance...
Local stocks climbed for a third consecutive session Friday, Feb. 20, buoyed by the central bank’s recent pivot toward monetary easing and stabilizing currency. The Philippine Stock Exchange index (PSEi) gained 57.97 points, or 0.90 percent, to finish at 6,465.12. Financial stocks led the...
The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are moving to revitalize the domestic capital market by introducing rules for Global Philippine Depository Receipts, which would allow local investors to trade foreign stocks in the local currency. SEC Chairman...
The Philippine Stock Exchange index (PSEi) declined for the third straight session on Monday, Feb. 16, as its investors cashed out before the Lunar New Year holiday and the Bangko Sentral ng Pilipinas ’ (BSP) policy meeting. The main index shed 16.03 points, or 0.25 percent, to close at...
Local stock market is poised to trade on expectations surrounding the Bangko Sentral ng Pilipinas’ (BSP) upcoming policy meeting, with investors looking for a pivot toward monetary easing. The Monetary Board’s decision and subsequent guidance will be crucial in determining whether the...
The Philippine Stock Exchange index (PSEi) fell on continued profit-taking on Friday, Feb. 13, after the government reported a steep fall in foreign investment pledges. The main index dropped 86.67 points, or 1.34 percent, to close at 6,384.58. Miners led the retreat across the board. Volume...