PSEi Climbs Despite Global Tensions; Peso Drops for Sixth Day
By Emily Blanc MANILA – The Philippine stock market posted gains on Thursday even as the peso continued to weaken against the US dollar, marking its sixth consecutive day of…
Bargain buying lifts PSEi as peso firms up against dollar
MANILA – Improved investor sentiment and bargain hunting following recent losses pushed the Philippine Stock Exchange index (PSEi) higher on Thursday, while the peso strengthened against the U.S. dollar. The…
Peso rebounds on foreign inflows as stocks retreat on profit-taking
By Danielle Tiu MANILA – The Philippine peso strengthened against the US dollar on Friday, buoyed by sustained foreign buying in local equities, even as the stock market retreated amid…
PSEi and Peso End Week on a High After Holiday Trading
MANILA – Following a two-day Christmas break, both the Philippine Stock Exchange index (PSEi) and the peso finished the week with gains, reflecting renewed investor activity. The PSEi climbed 0.39…