Sunday, May 3, 2026
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Tag: AB Capital Securities

Peso sinks to 60.71 a dollar, stocks drop on rising oil prices

The Philippine peso weakened to 60.71 against the US dollar Monday, while local stocks finished just above the 5,900 level as rising oil prices...

PH stocks rebound on Middle East peace hopes as peso slips past 60

Philippine equities recorded major gains Wednesday amid easing geopolitical tensions and rekindled hopes for peace talks between the United States and Iran. The peso, however,...

Local equities slump, peso slides to 60.135 as US-Iran peace talks stall

Philippine equities ended lower Monday as peace talks between the United States and Iran reached a deadlock. The peso also depreciated, closing at 60.135 to...

PH stock market plunges 2% as ME tensions rattle investors

The Philippine Stock Exchange index (PSEi) plummeted more than 2 percent Wednesday on rising tension in the Middle East. The PSEi closed at 6,307.84, down...

PH shares end lower on profit-taking; Peso plummets to 59.44 per US dollar

Philippine stocks remained above the 6,400 level Monday despite heavy profit-taking. The 30-company Philippine Stock Exchange index closed at 6,437.78, down 26.89 points, or 0.42...

Local stocks extend gains despite US-Venezuela noise

Local stocks sustained their upward momentum Monday as investors shrugged off geopolitical noise. The benchmark Philippine Stock Exchange index jumped 29.47 points, or 0.48 percent,...

PH stocks rise on rate cut hopes, stronger peso—analysts

Local stocks rose Thursday, briefly touching the 6,100 level on continued optimism regarding interest rate cuts. The benchmark Philippine Stock Exchange index gained 23.34 points,...

GCash’s GStocks PH launches IPO feature for Filipino retail investors

MANILA—GCash is launching a new feature on its GStocks PH platform that will allow everyday Filipino investors to easily participate in initial public offerings...
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