Tag: Peso

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Philippine stock to stall near resistance, peso to test lows

Markets Context.ph Context.ph -
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

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

Profit-taking weighs down stocks; peso finish higher

Markets Context.ph Context.ph -
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 

Markets Context.ph Context.ph -
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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