PSEi, peso weaken amid oil, MidEast risks
The PSEi slumped 12.12 points to 5,843.79, even as the local currency dipped P62.78 vis-a-vis the US dollar amid pressure from elevated oil prices, which…
· 2 MIN READ
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PSEi
Latest Daily Tribune news and analysis on PSEi.
Peso hits 25th record low as oil, Fed bets weigh
The peso fell 17.5 centavos, or 0.28 percent, to a fresh record low of P62.86 per US dollar Monday, while the Philippine Stock Exchange index (PSEi) rose 13.26…
· 2 MIN READ
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…
· 2 MIN READ
Stocks pull back as oil prices surge
The retreat came amid renewed concern over surging global oil prices and their impact on inflation, particularly after Brent crude broke above $100 a barrel as…
· 2 MIN READ
Peso hits fifth record low in six sessions
The peso fell to a fresh record-low close of P62.590 per US dollar on Friday, down 7 centavos, or 0.11 percent, from Thursday’s P62.520, marking its fifth…
· 2 MIN READ
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.
· 2 MIN READ
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…
· 2 MIN READ
Peso slides to third straight record low as market rebounds
The peso weakened 0.22 percent to a third consecutive record-low close of P62.40 per US dollar on Tuesday, surpassing Friday’s record-low close of P62.265,…
· 2 MIN READ
Peso crosses P62 per USD, sinks to new record low
Philippine peso hits a record-low P62.265 per US dollar as the PSEi falls below 6,000 amid geopolitical uncertainty, elevated US yields and economic concerns.
· 2 MIN READ
Stocks slip, peso gains ahead of BSP meeting
Philippine stocks fell as investors awaited the BSP policy meeting, while the peso strengthened on lower oil prices and easing Strait of Hormuz tensions.
· 2 MIN READ
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.
· 1 MIN READ
Peso nears P62, evades record low for now
The peso weakened 3 centavos or 0.05 percent to P61.815 per US dollar on Wednesday, briefly touching a new record intraday high of P61.995 as investors reacted…
· 2 MIN READ
Stocks, peso slip on lingering uncertainties
The PSEi fell 0.56 percent to 6,261.80 while the peso weakened to P61.495 against the US dollar as Middle East tensions, elevated oil prices and softer…
· 2 MIN READ
PSE 1H net income rises 19.8 percent
The Philippine Stock Exchange Inc. (PSE) reported a 19.8 percent increase in first-half net income to P608.38 million from P508.03 million a year earlier,…
· 2 MIN READ
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…
· 2 MIN READ
economic apprehension makes stocks fall
The Philippine Stock Exchange Index declined 1.10 percent as investors remained cautious ahead of key economic data, while the peso strengthened to P61.24…
· 1 MIN READ
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,…
· 2 MIN READ
