Business

Local index strong on possible BSP rate cute, peso flat

MANILA – The local stock market gauge rebounded on Thursday as the Bangko Sentral ng Pilipinas (BSP) signaled that it may ease policy rates anew...

Stocks down on profit taking, peso strengthens

MANILA – The local stock barometer declined on Wednesday due to profit-taking, while the peso closed stronger against the dollar. The Philippine Stock Exchange index (PSEi)...

Stocks sustain gains, peso weakens

MANILA – Local shares continued to be boosted by the Bangko Sentral ng Pilipinas' (BSP) move to cut banks' reserve requirement ratio (RRR), while the...

PSEi rally after BSP trims banks’ reserve requirement, peso weakens

MANILA – The local stock market closed higher on Monday, while the peso closed weaker against the dollar. The Philippine Stock Exchange index (PSEi) gained 164.93...

PSEi strong, peso flat on Friday

MANILA – The local index finished the last day of trading for the week strong, while the peso barely moved. The Philippine Stock Exchange index (PSEi)...

Local index bounces back; peso appreciates on US Fed rate cut

MANILA — The local bourse bounced back to above 7,200-mark on Thursday while the peso also appreciated following the monetary policy easing in the United...

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