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...
Local stocks climbed for a second consecutive session as investors scooped up beaten-down shares, tracking the broader shift in sentiment fueled by expectations of a massive release of global oil reserves. The Philippine Stock Exchange index (PSEi) advanced 31.67 points, or 0.52 percent, to finish...
The Philippine Stock Exchange index (PSEi) staged a sharp recovery on Tuesday, March 10, clawing back a significant portion of the previous session’s losses as retreat in global oil prices bolstered investor appetite for risk. The benchmark PSEi advanced 110.44 points, or 2.01 percent, to finish...
The local stock market lost ₱671.7 billion in market capitalization on Monday, March 9, as the benchmark Philippine Stock Exchange Index (PSEi) plunged to the 6,000 level after the Iran war fueled a surge in oil prices while the peso plunged to a new record low. Philippine Stock Exchange (PSE)...
Stock benchmark tumbled to end the week on a somber note, joining the regional retreat as escalating geopolitical tensions in the Middle East drove the peso back toward record lows and clouded the outlook for domestic inflation. The Philippine Stock Exchange index (PSEi) shed 60.12 points, or 0.94...
The Securities and Exchange Commission (SEC) is moving to overhaul the stock exchange 's leadership, proposing strict term limits that would unseat several long-serving power players in the local brokerage community. Under draft SEC rules released for public comment, broker directors would be...
Local stocks tumbled on Wednesday, March 4, erasing the previous session’s gains as escalating conflict in the Middle East fueled fears that spike in global energy prices will reignite inflation and derail the central bank’s pivot toward monetary easing. The Philippine Stock Exchange index...