Philippines

Coronavirus fears continue to pull down PH stocks, peso

Coronavirus fears continue to pull down stocks, peso By Joann Villanueva   MANILA  (Philippines News Agency) — Foreign selling continues to negatively impact Philippine shares and the peso Thursday partly on news of increasing number of deaths and infection from novel coronavirus (2019-nCoV) in several countries. The Philippine Stock Exchange index (PSEi) shed 0.93 percent, or … Continue reading

Philippines

US-China trade pact, Taal eruption hurt peso, stocks

US-China trade pact, Taal eruption hurt peso, stocksBy Joann Villanueva MANILA (Philippines News Agency) – Risk-off sentiment due to uncertainties of the US-China trade pact and the possible impact of the Taal Volcano eruption to Philippines’ growth and inflation rate weakened both the main equities index and the peso Thursday. Philippine Stock Exchange index (PSEi) … Continue reading

Uncategorized

PSEi sustains rise, peso firm amid Fed rate hike expectations

PSEi sustains rise, peso firm amid Fed rate hike expectations By Joann S. Villanueva MANILA (Philippines News Agency) — The Philippine stock market generally tracked improvements overseas and the peso ended little changed against the greenback on Tuesday even with the widely expected increase in the Federal Reserve rates this week. The Philippine Stock Exchange … Continue reading

PHP, PSEi down as markets turn on Fed after lack of details from Trump’s speech
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PHP, PSEi down as markets turn on Fed after lack of details from Trump’s speech

PHP, PSEi down as markets turn on Fed after lack of details from Trump’s speech MANILA (Philippines News Agency) – Both the Philippines peso and the equities market registered losses Wednesday even after investors got disappointed on US President Donald Trump’s first State of the Union Address since he failed to give specifics on his … Continue reading

PSEi ends 3-day loss, PHP finishes week almost unchanged ahead of US payrolls report
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PSEi ends 3-day loss, PHP finishes week almost unchanged ahead of US payrolls report

PSEi ends 3-day loss, PHP finishes week almost unchanged ahead of US payrolls report By Joann Santiago MANILA (Philippines News Agency) — Markets were cautious on Friday ahead of the release of US non-farm payrolls but the peso remained solid and the Philippine Stock Exchange index (PSEi) ended its three-day slide. The PSEi was almost … Continue reading