Tag: Peso

Browse our exclusive articles!

Profit-taking weighs down stocks; peso finish higher

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 

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

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.

Popular

PAL 1H 2026 revenue up 5.9% but fuel cost surge drives net loss

Philippine Airlines (PAL) reported a 5.9 percent rise in first-half 2026 earnings, though a steep jump in fuel expenses pushed the country’s flag carrier to a net loss for the period.

Metrobank adds new safeguards as digital scams evolve

Metropolitan Bank & Trust Co. is strengthening its digital banking defenses with new security features designed to give customers greater control over their money as fraudsters become more adept at exploiting stolen credentials and human error.

US, Japan, Philippines court investors for Luzon corridor 

The US, the Philippines, and Japan will bring investors together in Manila in September as they seek to turn the Luzon Economic Corridor into a bigger magnet for private capital and strategic infrastructure projects.

Shakey’s Pizza Asia Ventures posts 12% 1H 2026 sales growth amid headwinds

Shakey’s Pizza Asia Ventures (PSE:PIZZA | SPAVI) recorded 12 percent year-on-year growth in system-wide sales to ₱13.0 billion for the first half of 2026, with consolidated revenues up 9 percent to ₱8.2 billion. Performance faced pressure from inflation and reduced consumer spending, with second-quarter same-store sales dipping one percent year-on-year though rising 4 percent sequentially.

Subscribe

spot_imgspot_img