Business

PSEi snaps 3-day rally; peso stays flat

MANILA – The local stock market closed mid-week lower, snapping its three-day rally on profit-taking, while the Philippine peso ended almost unchanged. The Philippine Stock...

PSEi closes near 7,000 level, peso strengthens

MANILA – The local stock barometer breached the 6,900 level on Tuesday, backed by the Bangko Sentral ng Pilipinas' recent rate cut and the...

Policy easing continues to boost PSEi, peso

MANILA – The Monetary Board’s decision to cut key rates has continued to provide positive sentiments among traders as the local bourse closed higher on...

Local shares surge on rate cuts, peso depreciates

MANILA – The local bourse surged on the last day of trading this week as investors took positive cues from the monetary policy easing,...

PSEi slips on profit-taking, peso stays at 56-level

MANILA – Local shares slipped in Thursday’s trading on profit-taking, while the peso stayed at the 56 level against the dollar for the third...

Strong peso continues to lift local index

MANILA – The Philippine Stock Exchange index (PSEi) closed higher for the second straight trading day as the peso continued to trade at the 56...

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