As investors on Friday digested the Bangko Sentral ng Pilipinas’ (BSP) latest rate hike and rising inflation expectations, the Philippine Stock Exchange Index (PSEi) extended losses.…
The local bourse closed higher Wednesday, while the peso rebounded against the U.S. dollar. …
MANILA — The Philippine Stock Exchange index (PSEi) rose Tuesday amid the peso’s recent gains, though the currency weakened by close.…
MANILA, Philippines – The Philippine Stock Exchange Index (PSEi) opened on Monday down by 3.02 percent, or 184 points, to 5,900.19, mirroring Wall Street’s fall amid recession fears. Luis Limlingan, head of sales at stock brokerage house…
MANILA, Philippines — Analysts say that the arrest of former President Rodrigo Duterte may not directly affect stocks and bonds. However, investors are becoming more cautious about global trade uncertainties. Juan Paolo Colet, managing director at China…
MANILA, Philippines — The stock market’s poor performance in 2024 creates more growth opportunities this year, with the Philippine Stock Exchange Index (PSEi) expected to reach around 7,600. First Metro Securities and Singapore’s DBS Bank stated that…
The Philippines’ strong alliance with the United States could protect it from the effects of another Donald Trump presidency, potentially helping the local stock market reach 8,600 by the end of 2025. Strong US alliance seen boosting…
The local stock market regained the 7,400 level on Thursday, boosted by positive expectations for the country’s economic growth. By the end of the day, the Philippine Stock Exchange Index (PSEi) rose 1.31%, or 96.12 points, to…
Rising inflation in July has led Maybank Securities Inc. to push back its 12-month forecast of 8,200 for the Philippine Stock Exchange Index (PSEi) by a few months. Traders are now focusing on the Bangko Sentral ng…
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…
