PSEi to rise as easing inflation fuels rate cut bets
PHILIPPINE SHARES may continue to climb this week as slower-than-expected inflation in August could give the central bank confidence to cut benchmark rates more...
Stocks up on slower-than-expected Aug. inflation
PHILIPPINE SHARES recovered on Thursday following the release of data showing that headline inflation slowed more than expected last month.
The Philippine Stock Exchange (PSEi)...
PSEi slips as US markets slump after weak data
PHILIPPINE STOCKS dropped further on Wednesday as sentiment turned negative after Wall Street posted losses overnight due to weak US economic data.
The bellwether Philippine...
Philippine shares slip on profit taking, weak peso
PHILIPPINE SHARES dropped anew on Tuesday due to profit taking and a weak peso, with investors also staying on the sidelines before the release...
Stocks inch up on expectations of easing inflation
PHILIPPINE STOCKS inched up on Monday, tracking US shares’ performance on Friday, on expectations that Philippine headline inflation slowed anew in August.
The Philippine Stock...
PHL shares may rise before August inflation data
PHILIPPINE SHARES may climb this week as headline inflation likely slowed last month and returned within the Bangko Sentral ng Pilipinas’ (BSP) annual target....
PSEi drops to 6,800 level as investors pocket gains
PHILIPPINE SHARES dropped to the 6,800 level on Thursday, tracking Wall Street’s decline overnight, as investors continued to book profits before the month’s close.
The...
Stocks inch lower on last-minute profit taking
PHILIPPINE STOCKS slipped on Wednesday due to last-minute profit taking after the main index breached the 7,000 level intraday and following two consecutive days...
Philippine shares inch up on Fed’s dovish shift
PHILIPPINE SHARES inched up to a near five-month high on Tuesday after US Federal Reserve Chair Jerome H. Powell said they could begin their...
PSE index to retest 7,000 as Fed rate cuts loom
PHILIPPINE SHARES could continue to rise when trading resumes after a four-day break after the US Federal Reserve signaled that they could begin cutting...
Philippine shares rally as BSP, Fed turn dovish
PHILIPPINE SHARES rallied last week, with the benchmark index returning to the 6,900 level for the first time in more than four months, with...
Stocks rebound on hopes of September Fed cut
PHILIPPINE STOCKS rebounded to hit a fresh four-month high on Thursday on growing expectations of a rate cut by the US Federal Reserve next...