Tag: Peso

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Philippine stock to stall near resistance, peso to test lows

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Philippine financial markets could face choppy trading ahead as investors weigh technical resistance levels in equities against fresh pressure on the peso from global risks, including elevated oil prices.

Peso pauses, stocks steady on rate cut

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The peso’s recent rise is taking a short break, and analysts say that’s normal.

Profit-taking weighs down stocks; peso finish higher

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The Philippine Stock Exchange index (PSEi) slid 1.3 percent to 6,384.58, extending profit-taking for a second session after touching seven- to nine-month highs. Even so, the benchmark remains comfortably above the 6,000 mark, keeping the broader uptrend intact and suggesting the pullback is more consolidation than reversal.

Markets cool off as peso flexes quiet strength 

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Global markets are taking a step back—not because of panic, but caution. Investors are reducing risk as they navigate uncertainty around inflation, interest rates, and global tensions. 

Grounded gains, gathering upside momentum

Economy Context.ph Context.ph -
Philippine equities continue to show underlying strength despite the PSEi’s recent mild pullback, which analysts view as a natural bout of profit-taking after a sharp advance.

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Asurion PH expands services beyond core operations 

Communications & Technology 0
Asurion Philippines is scaling up its customer solutions business as it broadens its footprint beyond its long-standing manufacturing and repair operations.

Part-time, tech jobs surge as demand holds

Economy 0
Job demand in the Philippines has remained broadly stable over the past year, even as part-time work and specialized technology roles gain ground, according to Jobstreet by SEEK.

Ayala Land cuts spending as profits drop

Corporate 0
Ayala Land Inc. said it will reduce its capital spending this year to P50 billion, down by more than a third from its earlier plan of P70 billion to P80 billion, as earnings declined.

RRHI profit drops 35% in Q1 on higher costs

Corporate 0
Robinsons Retail Holdings Inc. (RRHI) reported a 35 percent drop in net income for the first quarter, falling to ₱489 million from ₱759.78 million a year earlier, mainly due to higher interest expenses linked to its reacquisition of shares from DFI Group.

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