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Philippines
Thursday, April 25, 2024

Stocks

Stocks climb as US production data bolster hopes of Fed monetary easing

The Philippine stock market rose Wednesday following the strong showing by US and Asian markets. The benchmark Philippine Stock Exchange index surged 65.95 points, or 1.01, percent to close at 6,572.75, while the broader all-shares index climbed 16.56 points, or 0.48 percent, to reach 3,463.46. First Metro Securities said the PSEi went up after US manufacturing data came lower than expected, which kept alive expectations of US Federal Reserve easing this...

SEC asks Apple, Google to cut Binance app in PH

The Securities and Exchange Commission (SEC) asked the two leading application stores...

CRISP reaffirms Century’s debt score

Credit Rating and Investors Services Philippines Inc. (CRISP) reaffirmed Century Properties Group’s...

PH shares climb on easing ME tensions, Wall St. positive cues

Share prices climbed back to the 6,500 level Tuesday on positive cues...

LATEST Stocks

LATEST

PSE plans to tap debt market to buy out PDS shareholders

The Philippine Stock Exchange (PSE) may tap the debt market to buy out the shareholders of Philippine Dealing System Holdings Corp. (PDS). PSE president and...

PH stocks up on easing ME tensions, peso closes at 57.54 a dollar

Philippine stocks opened the week flat as investors stayed on the sidelines after last week’s sell strong sell-off. The Philippine Stock Exchange index, the country’s...

PSE keeps target of 6 IPOs, P175b in fresh capital

The Philippine Stock Exchange (PSE) is keeping its target of six initial public offerings (IPOs) this year and P175 billion worth of capital to...

Stock market expected to rebound this week

Philippine stocks are expected to stage a technical rebound this week on potential bargain-hunting after last week’s slump. Philstocks Financial Inc research head Japhet Tantiangco...

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