Tag: Market Performance
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Philippine Stock Market Rises Post CREATE MORE Act IRR Signing, Peso Declines
In Manila, the Philippine Stock Exchange index (PSEi) saw a significant increase on Tuesday, buoyed by the recent signing of the implementing rules and regulations (IRR) for the CREATE MORE Act, aimed at corporate recovery and tax incentives. The PSEi closed at 6,094.96, marking a 1.69 percent rise, while the All Shares index also advanced…
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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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