Local equities declined further Thursday after the Bangko Sentral ng Pilipinas delivered a 25-basis-point rate hike to curb rising inflation.
The peso also depreciated Thursday,...
Philippine stocks slipped below the 6,000 level Wednesday as investors turned cautious ahead of the Monetary Board’s policy meeting Thursday and amid stalled peace...
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,...
Philippine share prices fell Tuesday, bucking a rebound on Wall Street fueled by renewed ceasefire talks between the US and Iran.
The benchmark Philippine Stock...
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...
Philippine stocks opened the trading week in the red on thin volume as investors navigated geopolitical tensions and rising fuel prices.
The bellwether Philippine Stock...
Share prices may move sideways with a downward bias this week, as the market’s four-week rally and a weakening peso could trigger profit-taking.
“Following a...
Philippine stocks ended higher Thursday on an improving economic outlook.
The bellwether Philippine Stock Exchange index closed at 6,320.67, up 28.58 points, or 0.45 percent,...
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,...
Share prices declined Monday after the Department of Economy, Planning and Development (DepDev) said the government will likely miss its economic growth target for...
Philippine shares continued their ascent Thursday, closing above the 5,900 level on the potential for a rate cut next month.
The benchmark Philippine Stock Exchange...
Philippine shares ended slightly higher Thursday ahead of the US Federal Reserve’s rate-setting meeting slated later this week and easing global crude prices.
The bellwether...