The Philippine Stock Exchange Index (PSEi) advanced Thursday as investors cheered the 25 basis points (bps) rate cut by the U.S. Federal Reserve.
The main...
Local stocks edged higher Tuesday ahead of a widely expected quarter-point interest rate cut by the Bangko Sentral ng Pilipinas (BSP).
The bellwether Philippine Stock...
The Philippine Stock Exchange index fell below the 5,900 level Thursday as the peso depreciated against the dollar.
The local stock barometer dropped 18.26 points,...
Local shares sustained their rebound as the index returned to the 6,000 level on Monday on an improving outlook for the domestic economy.
The 30-company...
Share prices ended lower Tuesday on profit-taking activities following the previous day’s rally.
The weakening of the peso against the dollar and the resignation of...
Philippine shares opened the week in the red as investor confidence continued to weaken amid a drop in foreign direct investments (FDI) and concerns...
Philippine shares sank Wednesday, with global market weakness fueled by concerns over a possible tech bubble offsetting positive news about steady October inflation data.
The...
Local shares ended higher for three consecutive trading days Wednesday as investor sentiment was buoyed by the strengthening of the peso against the dollar.
The...
Philippine shares ended the week in the red as investors raised concerns that the recent rate cut signals weakness in the domestic economy.
The weakening...
