PH stock market surges past 7,400 mark amid positive economic outlook

Meg Adonis 09/27/2024

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…

PSEi poised to rebound to 8,200 in 2025

Meg J. Adonis 08/12/2024

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…

Bullish outlook: PSEi seen to hit 7,200 by year-end

Meg J. Adonis 02/23/2024

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.…

PSEi surges with strong foreign buying ahead of Lunar New Year break

Miguel Camus 02/09/2024

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…

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…

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