The Philippine Stock Exchange benchmark index (PSEi) inched up following generally positive economic news, including employment and manufacturing data. The main index added 8.36 points, or 0.13 percent, to close at 6,433.60. Only conglomerates and services advanced, while most sectors were down....
The Philippine Stock Exchange index (PSEi) gained on Monday, July 7, buoyed by another extension of the deadline for the United States’ (US) imposition of higher tariffs. The main index added 29.67 points, or 0.46 percent, to close at 6,425.24. Banks led the advance, while mining and conglomerate...
Cautious trading is expected to prevail at the Philippine stock market this week as investors await developments following the July 9 deadline for United States trade negotiations. “We may see cautious sentiment as global trade uncertainties may take center stage again. This is as the US’ trade...
Philippine stock investors cashed out for the weekend after the government reported higher national debt, while there is also concern over the deadline for US trade negotiations next week. The main index dropped 73.41 points or 1.13 percent to close at 6,395.57 on Friday, July 4, with the Property...
The Philippine Stock Exchange index (PSEi) climbed on Thursday, July 3, as investors anticipated a benign June inflation rate, despite recent oil price hikes. The main index rose 49.93 points, or 0.78 percent, to close at 6,468.98. Conglomerates led the advance, while Industrial and Services...
The Philippine Stock Exchange index (PSEi) inched lower on Wednesday, July 2, as investors awaited the country 's June inflation report, while developments in the United States dampened sentiment. The benchmark index shed 4.8 points, or 0.07 percent, to close at 6,419.05, with sectoral indices...
The Philippine Stock Exchange index (PSEi) resumed its upward trend on Tuesday, July 1, driven by improved investor sentiment following the implementation of a lower stock transaction tax. The main index climbed 58.91 points, or 0.93 percent, to close at 6,422.85. The advance was led by...
The local stock market ended lower as investors pocketed gains from the PSEi’s four-day advance last week, as investors exercise caution amid developments in the Middle East and while waiting for more economic data. The main index lost 43.33 points or 0.78 percent to close at 6,364.94 with the...
The upcoming reduction in the Philippine stock transaction tax, effective Tuesday, is expected to boost trading activities, as investors remain cautiously optimistic despite global markets and oil prices being sensitive to developments in the Middle East. “The local market managed to bounce back...
The PSEi ended the week on a positive note as investors continue buying stocks as the ceasefire between Israel and Iran is holding despite a shaky start. The main index jumped by 77.62 points, or 1.23 percent, to close at 6,408.27—led by the strength of the property sector, although miners fell...
The Philippine benchmark index inched up as investor sentiment remained buoyed by easing oil prices amid a ceasefire in the Middle East. The main index added 5.01 points or 0.08 percent to close at 6,330.65 on Thursday, June 26, although only Conglomerates and the Property counter managed to...
The local stock market rose further as the peso firmed up while oil prices dropped due to the ceasefire between Israel and Iran. The main index added 32.89 points or 0.52 percent to close at 6,325.64 on Wednesday, June 25, with the advance led by the Property sector, although Banks and Industrials...
