PSEi rebounds 1.05% after inflation-driven selloff
The local bourse perked up, rising 59.57 points to 5,736.69 even as the peso firmed up, P62.750 vis-a-vis the US dollar, from the previous P62.771 close.
· 2 MIN READ
Topic
stocks
Latest Daily Tribune news and analysis on stocks.
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
DoE pares LPG stocks as costs mount
DOE begins unloading 21,000 metric tons of government-held LPG stocks to reduce storage costs as domestic supply improves and the need for a large buffer eases.
· 2 MIN READ
PSEi snaps six-day winning streak as Gulf ceasefire ends
The PSEi ended a six-day rally, dropping 0.83% to 6,223.87 on profit-taking and US-Iran tensions, with financials down 2.14% and International Container…
· 1 MIN READ
Study: Market gains driven by few stocks
A study by Arizona State University finance professor Hendrik Bessembinder found that a small group of companies, led by Apple, Nvidia and Microsoft, generated…
· 1 MIN READ
PSEi, peso tumble on renewed Mideast tensions
The Philippine Stock Exchange Index (PSEi) retreated on Monday, falling 58.97 points or 0.99 percent to 5,879.41, while the peso weakened to P61.69 per US…
· 1 MIN READ
Anthropic files for IPO
AI startup Anthropic has confidentially filed for a US IPO, positioning itself ahead of OpenAI in the race to public markets. Backed by soaring valuations and…
· 1 MIN READ
GoTyme Bank launches PH Stocks feature for PSE investing
GoTyme Bank has launched “PH Stocks,” a new in-app feature powered by DragonFi Securities that allows users to invest in Philippine Stock Exchange-listed…
· 2 MIN READ
Market snaps two-day losing streak; peso back over P60
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…
· 1 MIN READ
James Go buys P100-M URC shares
James L. Go strengthens confidence in Universal Robina Corporation by purchasing nearly P100 million in shares amid market volatility, even as the firm…
· 1 MIN READ
Stocks rise slightly despite higher inflation
The Philippine Stock Exchange index (PSEi) closed marginally higher at 5,957.87, led by Mining & Oil gains, as bargain hunting offset cautious sentiment…
· 2 MIN READ
High-tech storage boosts rice buffer stocks
NFA modernizes rice storage facility in Camarines Sur with automated ventilation, solar power, and insulation to protect buffer stocks.
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Strong gold prices boost OceanaGold PH profits to $77M
Strong gold prices lift OceanaGold PH profits in 2025
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GDP figures weigh on PSE, peso
The Philippine Stock Exchange Index slipped to 6,297 as investor sentiment remained cautious following weak Q4 2025 GDP data, while the peso slightly weakened…
· 1 MIN READ
PSEi, peso end week on high notes
Trading was robust with net value turnover reaching P13.51 billion even as the peso, driven by broad US dollar softness, strengthened to P58.56 per dollar,…
· 1 MIN READ
