Business

PSEi down on profit-taking; peso weak Friday

MANILA – Both the local bourse and the currency closed weak Friday. The Philippine Stock Exchange index (PSEi) ended the day shedding 0.41 percent and closed...

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)...

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