
Peso hits record-low 63.06 vs greenback
The peso has depreciated about 8.6 percent from its 28 February close of P57.66, shortly before tensions escalated.
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Latest Daily Tribune news and analysis on stock exchange.

The peso has depreciated about 8.6 percent from its 28 February close of P57.66, shortly before tensions escalated.
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The market retreated, falling 41.64 points to 5,701.54 after two consecutive sessions of gains, with investors remaining cautious amid growing expectations…
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The local bourse advanced for a second consecutive session, rising 42.19 points to 5,743.18 even as the peso strengthened modestly, to close at P62.760, from…
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STI Education Systems Holdings Inc. marked its 50th year as a publicly listed company by ringing the Philippine Stock Exchange opening bell on October 12,…
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The Philippine Stock Exchange Index (PSEi) gained 1.61 percent to close at 5,700.99 on Friday, while the peso strengthened to ₱62.801 per US dollar after…
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It is more IPOs, a broader base of listed companies, deeper participation by retail and institutional investors, and a capital market that finances enterprise…
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The Philippine Stock Exchange Index (PSEi) fell 126.30 points, or 2.20 percent, to 5,610.39 on Thursday, while the peso weakened 15 centavos, or 0.24 percent,…
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Figaro Culinary Group Inc. plans to exit the Philippine Stock Exchange, offering minority shareholders P0.82 per share in a voluntary delisting move backed by…
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In a Thursday disclosure to the local bourse, Figaro said its board on Wednesday approved the filing of an application for voluntary delisting after receiving…
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The PSEi fell for a fourth straight session as investors weighed the BSP’s forecast of September inflation reaching 6.4% to 7.4%. The peso also weakened amid…
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The growing use of digital financial services could make the Mynt listing a catalyst for broader financial inclusion, particularly as these platforms become…
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The Philippine stock market fell while the peso weakened as rising US Treasury yields, higher oil prices and uncertainty over the US-Iran conflict kept…
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The planned listing of GCash parent Mynt could help widen access to digital financial services in areas that remain underserved by traditional banks, as…
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The Philippine Stock Exchange index fell 0.64% to 5,788.87, while the peso weakened to P62.545 against the US dollar as renewed US-Iran tensions, rising oil…
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PNB Holdings Corp. listed 46.93 billion shares on the PSE through an introduction, including property dividends distributed by Philippine National Bank.
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PNB Holdings Corp. (LTL) listed 46.93 billion shares on the Philippine Stock Exchange (PSE) on Friday, including 23.9 billion shares distributed to…
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Mynt’s proposed P92.3-billion IPO has attracted major institutional investors, but its P10 offer price and P669-billion valuation hinge on sustained earnings…
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The Philippine Stock Exchange index (PSEi) extended its losing streak to a fifth consecutive session Thursday, falling 65.12 points, or 1.12 percent, to…
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