Peso breaches P61 as market slides for fifth straight day
The local bourse declined for the fifth straight trading day, slipping below the 5,900 level on Tuesday as the peso fell to a new record low of P61.30 per US…
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The local bourse declined for the fifth straight trading day, slipping below the 5,900 level on Tuesday as the peso fell to a new record low of P61.30 per US…
· 2 MIN READ
Anticipation of broader price hikes and additional policy tightening dampened trading even as the peso marginally depreciated P60.71 from previously P60.70 per…
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The flagship Philippine Stock Exchange index (PSEi) extended its losses to start the trading week, closing at 5,901.15 (-0.71%) on Monday, 27 April.
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The Philippine Stock Exchange index (PSEi) extended its decline on Friday, closing at 5,943.49, down 0.67 percent, as investors reacted to the Bangko Sentral…
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The Philippine Stock Exchange index (PSEi) slipped further on Thursday, closing at 5,983.81 (-0.10 percent), extending its cautious drift as investors stayed…
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The Philippine Stock Exchange index (PSEi) slipped further on Thursday, closing at 5,983.81 (-0.10%), extending its cautious drift as investors stayed on the…
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The PSEI was down amid subdued trading alongside a weakened peso at P60.13 per US dollar, depreciating from P59.94 as markets grew skeptical over the US-Iran…
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The local bourse and foreign exchange market posted losses on Wednesday as risk sentiment weakened amid renewed uncertainty surrounding the US-Iran…
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The Philippine Stock Exchange index (PSEi) held steady on Tuesday, closing at 6,018.70, up a modest 0.04 percent, as investors awaited the upcoming monetary…
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The Philippine Stock Exchange index (PSEi) held steady on Tuesday, closing at 6,018.70, up a modest 0.04 percent, as investors awaited the upcoming monetary…
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The Philippine Stock Exchange index (PSEi) rebounded on Monday, closing at 6,016.03 (+0.28%), as investors engaged in bargain hunting following last Friday’s…
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The Philippines could lead the shift to stablecoin-based remittances, but only if it accelerates developer education and clarifies regulations, fintech and…
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The Philippine Stock Exchange Index (PSEi) ended the week on a weaker footing, closing at 5,999.13 (-1.06%), slipping below the key 6,000 level as risk…
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Investors remained cautious amid geopolitical and inflation anxieties but the peso perked up, strengthening to P59.97 from the previous P60.115 per dollar as…
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The Philippine Stock Exchange Index (PSEi) closed essentially flat at 6,063.69 on Thursday, 16 April, up 0.34 percent from the previous session, reflecting…
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The local bourse’s rebound was driven by optimism following reports of a resumption of US-Iran negotiations but the peso weakened as the market reassessed…
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The benchmark Philippine Stock Exchange Index closed at 6,063.35 on Wednesday, up 0.84 percent and breaking a two day losing streak as Philippine equities…
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The peso’s current depreciation amid the effects of the ongoing Middle East conflict has not yet breached inflationary territory, according to Bangko Sentral…
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