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Philippines
Saturday, July 20, 2024

Stocks

Market rises on stable peso, index nears 6,800 level

Philippine stocks closed this week’s trading in the green, closing slightly below the 6,800 level on the back of the recent peso appreciation against the US dollar. The Philippine Stock Exchange index, the country’s main composite index, surged 86.68 points, or 1.29 percent, to close at 6,791.69, while the broader all shares index rose 24.97, points or 0.69 percent, to finish at 3,627.83. Regina Capital Development Corp. head of sales Luis...

PSE index tops 6,700 level despite decline of Asian stocks

Philippine stocks breached the 6,700 level Thursday despite the decline in regional...

PH stocks rise; peso advances to 58.29 a dollar

Local stocks and the Philippine peso rose Wednesday on positive cues from...

PH stocks snap 3-day rally amid profit-taking

Philippine stocks succumbed to profit-taking after three days of gains. The 30-company Philippine...

LATEST Stocks

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PSE index nears 6,700 level on rate cut optimism

Local share prices advanced Monday towards the 6,700 level as investors await more data that will support interest rate cuts by both the Bangko...

PH stocks likely to move sideways with downward bias

Philippine stocks are expected to move sideways with a downward bias, as the market’s recent rally gives opportunities for short-term investors to take profit. Philstocks...

Local stocks sustain gains on optimism over rate cuts

Philippine stocks ended the week in the green after the US June inflation rate slowed to 3 percent, which boosted expectations of a possible...

PH stocks rally above 6,600 on rate cut optimism

Philippine stocks rallied Thursday to close above 6,600 level on expectations the US June inflation rate slowed down, which boosted hopes of a possible...

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