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MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) will rise significantly this year due to anticipated interest rate cuts, leading to better company profits, the chief investment officer of Sun Life Investment Management and Trust Corp. said.…
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) rose on Thursday due to strong foreign buying ahead of the long weekend. By the end of trading, the PSEi went up by 0.29 percent (20.12 points) to reach…
The Philippine peso fell to its weakest closing level in almost to 17 years for the second day in a row on Wednesday, ending at P54.47 against the US dollar as the fallout from the war in…
The local stock barometer firmed up for the first time this week on Thursday as global markets welcomed a nascent recovery in global oil prices. The main-share Philippine Stock Exchange index (PSEi) added 25.8 points or 0.46…
The local stock barometer ended the worst week seen in recent history with a modest rebound after a roller-coaster ride on Friday that triggered a circuit-breaker for the second straight session. The Philippine Stock Exchange index (PSEi)…
The local stock market tumbled sharply on Thursday, underperforming regional markets, as investors dumped equities due to escalating concerns on local economic “overheating” risks and US-China trade war. The main-share Philippine Stock Exchange index (PSEi) fell by…
THE local stock barometer bounced on Wednesday as the bloodbath in the last two sessions opened the window of opportunity for bargain-hunters. The main-share Philippine Stock Exchange index (PSEi) recouped 117.14 points or 1.37 percent to close…
A GLOBAL equities bloodbath spilled over to the local stock market on Monday, as the stronger-than-expected US jobs data spawned concerns that the US Federal Reserve (Fed) may turn more hawkish to curb resurgent inflation. The main-share…
MOST local stocks slipped on Monday as domestic investors pocketed gains from local equities after an eight-day winning streak. The Philippine Stock Exchange index (PSEi) shed 24.88 points or 0.28 percent to close at 8,745.12. “Philippine markets…
The local stock barometer pulled back to the 8,300 level on Monday as investors digested the latest stream of local third quarter corporate earnings. The main-share Philippine Stock Exchange index shed 103.46 points or 1.23 percent to…
THE local stock market started the week bludgeoned by profit-taking but hefty foreign buying flowed to the market, particularly into the country’s oldest business house Ayala Corp. The Philippine Stock Exchange index shed 72.63 points or 0.86…
The local stock barometer pierced a new all-time high on Tuesday, piercing the 8,500 mark in intra-day trade, ahead of the third quarter corporate earnings reporting season. Resuming trading after a long weekend break, the main-share Philippine…
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