Peso weakens further

Philippine Daily Inquirer 06/23/2022

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…

PSEi posts slight gain as market cheers improvement in oil prices

Doris Dumlao-Abadilla 04/24/2020

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…

PSEi down 14.4% in dreadful week for stocks

Doris Dumalao-Abadilla 03/14/2020

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)…

PSEI falls due to overheating fears

Inquirer.net 04/19/2018

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…

PSEi bounces to 8,600 level

Inquirer.net 02/07/2018

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…

PSEi down due to Fed jitters

Inquirer.net 02/05/2018

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…

8-day winning streak ends as PSEi dips

Inquirer.net 01/08/2018

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…

PSEi slips to 8,300 level

Inquirer.net 11/13/2017

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…

PSEi dips on profit-taking, Zobel trimming Ayala stake

Inquirer.net 10/23/2017

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…

PSEi breaches 8,500 mark

Inquirer.net 10/17/2017

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…

PSEi stays at 8K level

Inquirer.net 09/13/2017

The local stock barometer slightly gained on Wednesday, staying afloat 8,000, while tracking firmer US stock market overnight. The main-share Philippine Stock Exchange index added 4.57 points or 0.06 percent to close at 8,053.88. “Local shares continued…

PSEi falls amid jitters over North Korean H-bomb threat

Inquirer.net 09/06/2017

The local stock barometer fell below the 8,000 mark on Wednesday, tracking mostly sluggish regional markets as investors weighed fresh threats of military action by North Korea. The main-share Philippine Stock Exchange index lost 65.38 points or…

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