Market snaps streak, peso slides
Philippine shares ended lower on Thursday as renewed concerns over the Middle East conflict and its impact on global oil prices dampened investor sentiment.
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Philippine shares ended lower on Thursday as renewed concerns over the Middle East conflict and its impact on global oil prices dampened investor sentiment.
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Philippine equities extended their gains on Wednesday, with the Philippine Stock Exchange index (PSEi) closing at 6,158.33, up 31.67 points or 0.52 percent.
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Following President Trump’s remarks suggesting conflict with Iran could de-escalate, global oil prices eased, tempering fears of a major supply disruption in…
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Philippine shares, as well as the local currency, rebounded on Tuesday, with the benchmark Philippine Stock Exchange index (PSEi) closing at 6,126.66, up…
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The local bourse plunged as trading resumed on Monday amid renewed fears of rising oil prices driven by Middle East tensions, with the Philippine Stock…
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Investors digested the first round of fuel price hikes, as well as a weakening local currency, which has slid from the P57 level in February to about P59.50…
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Investors took the opportunity to ‘buy the dip’ — purchasing stocks at lower valuations with the expectation of selling them at higher levels once markets…
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The benchmark Philippine Stock Exchange Index (PSEi) climbed 72.69 points or 1.15 percent to close at 6,380.53 on Thursday afternoon, as investors returned to…
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Philippine stocks resumed their decline on Wednesday, with the Philippine Stock Exchange Index (PSEi) closing at 6,307.84, down 2.13 percent or 137.54 points,…
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Philippine stocks resumed their decline on Wednesday, with the Philippine Stock Exchange Index (PSEi) closing at 6,307.84, down 2.13% or 137.54 points, as…
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The Philippine Stock Exchange Index (PSEi) finished Tuesday at 6,445.38, up 0.29 percent, as the market staged a modest rebound on bargain hunting, snapping a…
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The local bourse on Monday, 2 March, nosedived, with the benchmark Philippine Stock Exchange Index (PSEi) down 2.79 percent to 6,426.83 as markets reopened to…
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The market was down 0.21 percent from the previous level; still, trading activity was robust, with net value turnover reaching P13.18 billion, while foreign…
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The Philippine Stock Exchange Index (PSEi) closed Thursday at 6,625.46, inching up 0.08 percent, as the local market extended its advance on continued optimism…
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The flagship Philippine Stock Exchange Index (PSEi) closed Tuesday at 6,547.98, rising 0.92 percent, as the local market extended its gains on improved…
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The flagship Philippine Stock Exchange Index (PSEi) closed Tuesday at 6,547.98, rising 0.92 percent, as the local market extended its gains on improved…
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Philippine stocks started the week on a positive note on Monday, 23 February, with the PSEi closing at 6,488.51, up 23.39 points, or 0.36 percent, as investors…
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Despite the positive macroeconomic signal from the central bank, overall market participation remained light, with net value turnover at P5.37 billion, still…
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