Advertisements


Peso weakness drags down stocks anew

The stock market retreated anew yesterday as the peso tumbled against the dollar ahead of a US Federal meeting......»»

Category: financeSource: philstar philstarJun 13th, 2018

Peso, stocks weaken anew

Financial markets suffered heavily yesterday, with the benchmark Philippine Stock Exchange index (PSEi) plunging by 101.44 points, or 1.36 percent, to end at 7,332.17, and the peso weakening by another eight centavos to settle at 54.31 to a dollar......»»

Category: financeSource:  philstarRelated NewsSep 26th, 2018

Peso, stocks weaken anew

Financial markets suffered heavily yesterday, with the benchmark Philippine Stock Exchange index (PSEi) plunging by 101.44 points, or 1.36 percent, to end at 7,332.17, and the peso weakening by another eight centavos to settle at 54.31 to a dollar......»»

Category: financeSource:  philstarRelated NewsSep 26th, 2018

Local stocks slump on peso weakness

The peso's depreciation to a 12-year-low against the US dollar ahead of a closely watched US Federal Reserve's monetary policy-setting dragged the local stock barometer down to the 7,600.....»»

Category: newsSource:  philippinetimesRelated NewsJun 14th, 2018

Stocks decline as inflation worries keep investors cautious

Shares fell anew on Tuesday, May, 29, as investors remained cautious against inflationary pressures and the weakening peso given the lack of positive leads. The post Stocks decline as inflation worries keep investors cautious appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 29th, 2018

Front Page: Trump's shock victory adds to risk

REPUBLICAN Donald J. Trump's shock victory in the US presidential election has cast a cloud of uncertainty anew over the Philippine economy, as signaled by the stock market's biggest one-day loss since late January and the peso's renewed weakness followin.....»»

Category: financeSource:  bworldonlineRelated NewsNov 9th, 2016

Local Markets Recover in Midweek Session

Risk-on sentiment returned to the Philippines’ financial and capital markets Wednesday, allowing both local stocks and the peso to walk away with gains. The Philippine Stock Exchange index (PSEi) surged to the 7,900-level after rising by 2.83 percent, or 217.55 points, to 7,919.67 points. A trader attributed this to encouraging developments in efforts to mediate […].....»»

Category: newsSource:  metrocebuRelated NewsJan 10th, 2019

Stocks end lower on thin trading, Wall St.’s drop

SHARES TREKKED lower on Wednesday due to thin trading, while also weighed down by the weakness of markets abroad......»»

Category: newsSource:  bworldonlineRelated NewsDec 26th, 2018

Enrico Echiverri acquitted of graft anew

The Sandiganbayan has acquitted former Caloocan City mayor Enrico Echiverri of another graft case in connection with the multimillion-peso infrastructure projects during his term......»»

Category: newsSource:  philstarRelated NewsDec 20th, 2018

Peso Remains Strong; Local Stocks Slide

The Philippine peso remained firm against the US dollar Wednesday but the Philippine Stock Exchange index (PSEi) ended its five-day winning streak in sympathy reaction to US markets. The local currency managed to finish the day at 52.35 from 52.39 Tuesday. A trader said the peso was able to remain strong amid the slide of […].....»»

Category: newsSource:  metrocebuRelated NewsNov 24th, 2018

Semirara drags DMCI Holdings’ net income lower in Q3

CONSUNJI-LED DMCI Holdings, Inc. reported a 44% drop in earnings for the third quarter of 2018, weighed down by the weakness of its coal energy business that makes up around half of its portfolio......»»

Category: newsSource:  bworldonlineRelated NewsNov 13th, 2018

Peso strengthens anew

THE PESO strengthened against the dollar on Tuesday as traders position ahead of the Bangko Sentral ng Pilipinas’ (BSP) rate-setting meeting on Thursday and amid growing external uncertainties......»»

Category: financeSource:  bworldonlineRelated NewsNov 13th, 2018

Stocks weaken anew as negative bias persists

The benchmark Philippine Stock Exchange index (PSEi) weakened by the end of trading yesterday, retreating by 42.62 points, or 0.61 percent to close at 6,926.20......»»

Category: financeSource:  philstarRelated NewsNov 12th, 2018

Cebu Air swings to P518M loss in Q3

CEBU AIR, Inc. swung to a P518.4-million net loss in the third quarter from a P42-million profit a year ago, amid the continued rise in fuel prices and weakness of the Philippine peso against the US dollar......»»

Category: newsSource:  bworldonlineRelated NewsNov 9th, 2018

Economists see higher inflation rates

Economists of private banks raised anew their inflation forecasts over the next three years amid rising global oil prices, higher food prices, a weak peso, and the effects of the implementation of the tax reform program......»»

Category: financeSource:  philstarRelated NewsOct 21st, 2018

Stocks buck regional decline

Philippine stocks extended their gains on Thursday amid weakness in regional equities. The benchmark Philippine Stock Exchange index (PSEi) was up 0.59 percent or 41.57 points to 7,141.25 while the.....»»

Category: newsSource:  philippinetimesRelated NewsOct 19th, 2018

Stocks end in green on late buying spree

The benchmark Philippine Stock Exchange index (PSEi) ended in the green anew yesterday, finishing at 7,141.25 or 41.57 points (0.58 percent) higher......»»

Category: financeSource:  philstarRelated NewsOct 18th, 2018

Peso weakens anew versus dollar

THE PESO weakened on Thursday in tandem with Asian currencies as the dollar strengthened following the release of the US Federal Reserve meeting minutes. The local unit ended Thursday’s session at P53.965 versus the greenback, weaker than its P53.89-per-dollar finish the previous day. The peso traded weaker the whole day, opening the session at P53.98… link: Peso weakens anew versus dollar.....»»

Category: newsSource:  manilainformerRelated NewsOct 18th, 2018

Stocks, peso bounce back as inflation fears ease

The benchmark Philippine Stock Exchange index (PSEi) ended in positive territory yesterday, but volume was too low indicating that market investors are still risk averse and still waiting for inflation to stabilize......»»

Category: financeSource:  philstarRelated NewsOct 16th, 2018

Peso down on risk-off sentiment

BW FILE PHOTO THE PESO weakened anew against the dollar on Tuesday as risk-off sentiment prompted investors to shy away from riskier currencies due to the geopolitical tensions overseas. The local currency ended Tuesday’s session at P54.24 versus the greenback, 5.5 centavos lower than the P54.185-per-dollar finish last Monday. The peso opened the session slightly… link: Peso down on risk-off sentiment.....»»

Category: newsSource:  manilainformerRelated NewsOct 9th, 2018

Peso down on risk-off sentiment

THE PESO weakened anew against the dollar on Tuesday as risk-off sentiment prompted investors to shy away from riskier currencies due to the geopolitical tensions overseas. The post Peso down on risk-off sentiment appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 9th, 2018