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Manila Bulletin

PSEi ends week in red due to weaker peso
The Philippine Stock Exchange index (PSEi) ended the week lower as oil prices rose while the peso weakened due to the Bangko Sentral ng Pilipinas’ (BSP) rate hike. The main index dropped 40.32 points, or 0.67 percent, to close at 5,943.49 on Friday, April 24. Banks led the decline, while the...
Manila Bulletin

Stocks slip as central bank hike, oil weigh on risk
Local stocks retreated on Thursday, April 23, as the central bank 's interest-rate hike and heightened geopolitical tensions between the United States (US) and Iran dampened investor appetite for riskier assets. The Philippine Stock Exchange index (PSEi) slipped 5.75 points, or 0.1 percent, to...
Manila Bulletin

PSEi up even as Middle East remains tense
The Philippine Stock Exchange index (PSEi) managed to advance on Monday, April 20, despite news that the Strait of Hormuz remains closed amid mixed signals from the United States (US) and Iran regarding their peace talks. The main index added 16.9 points, or 0.28 percent, to close at 6,016.03....
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