PSEI slips, local currency falls to new record low
Investors are increasingly concerned about the inflationary impact of surging oil prices and a weaker currency; the PSEi decline extended the market’s pullback…
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10,432 results for “PSEi drop”
PSEi rises as peso rebounds from record low
The local bourse rose 0.17 percent to 6,116.53 while the peso appreciated to P62.513 from the previous P62.625 per US dollar. Despite the peso’s recovery,…
Peso breaks record-low streak as PSEi rebounds
Philippine stocks and the peso rebound as the PSEi rises 0.27 percent to 6,069.42 and the currency strengthens to P62.52 against the US dollar.
PSEi falls, peso hits fourth straight record low
The local bourse shed 40.66 points, reversing part of Tuesday’s 2.31-percent rebound even as the peso slumped to P62.56 from September 1’s P62.40 against the…
Peso sets new record low as PSEi falls sharply
The Philippine peso hit a record-low P61.888 against the US dollar as geopolitical uncertainty and renewed dollar strength pressured markets, while the PSEi…
PSEi, peso rebound on improving global sentiment
PSEi rebounds 1.30% to 6,238.46 while the peso strengthens to P61.67 against the dollar as improved global risk sentiment supports Philippine markets.
PSEi falls below 6,300, peso weakens
The Philippine Stock Exchange index slipped 0.60 percent while the peso weakened against the US dollar as renewed US-Iran tensions, higher oil prices, and…
PSEi climbs above 6,300; peso gains
The Philippine Stock Exchange Index rose 0.54% while the peso strengthened against the US dollar as easing Middle East tensions improved investor sentiment,…
PSEi gains 1.25%; peso strengthens further
The Philippine Stock Exchange Index climbed 1.25 percent while the peso strengthened against the US dollar as bargain hunting, improving corporate earnings…
PSEi snaps six-day winning streak as Gulf ceasefire ends
The PSEi ended a six-day rally, dropping 0.83% to 6,223.87 on profit-taking and US-Iran tensions, with financials down 2.14% and International Container…
PSEi extends rally but peso slips
The market marked its fourth consecutive days of gains but the peso dipped, P61.49 from P61.41 previously due to renewed demand for the US dollar and…
PSEi slips under 6,000 as peso weakens
The PSEi plunged 2.2 percent below the 6,000 mark while the peso weakened to P61.55 per US dollar as investors reacted to market volatility, ICTSI losses,…
PSEi slips under 6000 as peso weakens
The Philippine Stock Exchange Index (PSEi) tumbled below 6,000 as ICT-led selling and broad sector losses hit local equities, while the peso weakened to…
PSEi, peso fall after renewed Gulf tensions
The Philippine stock market and peso fell sharply as renewed Middle East tensions and concerns over domestic infrastructure spending fueled investor caution,…
PSEi, peso slip as BSP turns hawkish
The Philippine Stock Exchange Index (PSEi) slipped 18.31 points, or 0.30 percent, to close at 6,135.35 on Friday, while the peso weakened to P60.775 per US…
PSEi gains on US-Iran progress
The Philippine Stock Exchange Index (PSEi) rebounded as easing US-Iran tensions and a memorandum of understanding on keeping the Strait of Hormuz open lifted…
