Stocks rose, but the Philippine peso fell to a new 17-month low of 57.78 against the US dollar Thursday as investors sought the safety of the greenback amid global concerns.
Regional currencies were generally weaker against the US dollar in recent days, with the Japanese yen falling to a three-decade low of 155 per dollar.
Investors were preparing for the release of key US inflation data Friday that could have a...
Philippine stocks continued to retreat, with the main index declining for the 8th straight trading day, on worries arising from heightened conflict in the...
The Philippine Stock Exchange (PSE) approved the P7.88-billion initial public offering of miner OceanaGold Philippines Inc.
The PSE said in a notice posted on its...
Philippine stocks are expected to move sideways with a downward bias this week amid the lack of positive news or catalysts.
Analysts said the string...
Local share prices fell again on Friday on last-minute selling.
The Philippine Stock Exchange index dropped 18.26 points, or 0.27 percent, to close at 6,659.39,...
