PSEi sinks to new 3-year low
The sustained weakness of the peso, which closed at P59.04 against the US dollar — its third straight day of slight depreciation — added to the cautious mood.…
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The sustained weakness of the peso, which closed at P59.04 against the US dollar — its third straight day of slight depreciation — added to the cautious mood.…
Investors are increasingly concerned about the inflationary impact of surging oil prices and a weaker currency; the PSEi decline extended the market’s pullback…
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,…
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.
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…
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…
The Philippines’ gross international reserves (GIR) declined to $103.3 billion at the end of July from $104.7 billion a month earlier, while the country posted…
DHSUD said License to Sell applications remain on track in 2026 after digital reforms and a 15-day processing rule helped maintain eight consecutive weeks with…
The decline in foreign direct investment was driven by a 91.7 percent drop in net investments in debt instruments - $44 million from $522 million in April…
The Philippine Stock Exchange Index (PSEi) rebounded 0.53% to 5,799.32, snapping a three-day losing streak as investors reacted to stronger manufacturing data,…
The Philippine stock market extended losses as geopolitical tensions in the Middle East, renewed threats involving Iran, domestic political uncertainty, and a…
The Philippine peso hits a third straight record low while the PSEi slides below 6,000 as investors react to escalating Middle East tensions, rising oil…
The Philippine Stock Exchange Index fell 1.26% as investors turned risk-off amid inflation concerns, rising oil prices, Fed policy uncertainty, and peso…
The benchmark PSEi dropped 56.73 points to close at 5,702.64, its lowest since 28 May 2020, when it ended at 5,570.22. The index has now fallen for the second…
The PSEi sank to a new three-year low at 5,739 as weaker Q3 GDP, soft earnings, and a weaker peso weighed on sentiment, with broad losses across sectors.