Tag: Investor Sentiment
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Philippine Stock Market Dips Amid Profit-Taking, Peso Remains Steady
MANILA – The Philippine Stock Exchange index (PSEi) experienced a decline on Thursday, ending a two-day upward trend as investors cashed in on their profits. Meanwhile, the peso concluded the day with minimal change. The PSEi dropped by 0.62 percent to close at 6,241.97, while the All Shares index fell by 0.26 percent to 3,687.05.…
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January’s Steady Inflation Boosts Philippine Stock Market and Peso
In Manila, the consistent inflation rate recorded in January bolstered investor confidence, leading to a positive performance in both the Philippine Stock Exchange and the local currency on Wednesday. The Philippine Stock Exchange index (PSEi) saw a significant rise of 3.15 percent, closing at 6,281.08, while the All Shares index also advanced by 2.18 percent…
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Philippine Market Surges After Trump Delays Tariffs on Canada and Mexico
In Manila, the decision by US President Donald Trump to postpone tariffs on goods from Canada and Mexico has been met with enthusiasm by investors, propelling the Philippine stock market to recover and surpass the 6,000 mark. The Philippine Stock Exchange index (PSEi) saw a significant rise of 3.5 percent, or 206.02 points, reaching 6,089.06…
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