Tag: PSEi

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Blue chips signal medium-term PSEi opportunity 

The Philippine stock market remains cautiously constructive as investors weigh short-term macro headwinds against improving medium-term earnings visibility.

PSEi faces volatility amid foreign selling pressure

The Philippine stock market is navigating a mixed outlook as the PSEi contends with renewed foreign selling, offset partially by improving domestic investor sentiment and anticipated foreign inflows into the local bond market.

Volatility to persist as PSEi tests support

Philippine financial markets are expected to remain fragile this week, with investors bracing for continued volatility as risk aversion dominates sentiment and the benchmark index struggles to regain footing above key levels.

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.

PSEi steady above 6,000 amid mixed signals

Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.

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Mactan-Cebu International wins ACI passenger awards

Mactan-Cebu International Airport (MCIA) has received two passenger experience recognitions from Airports Council International (ACI), including a second consecutive award in the 5–15 million passenger category.

The math behind Duterte’s impeachment vote

The math, more than politics, may hold the key to Vice President Sara Duterte’s political future. And the numbers could be settled within the next two weeks, when the Senate, sitting as an impeachment tribunal, decides which denominator should be used in determining the votes needed for conviction or acquittal.

ABS-CBN restructures capital, expands board

ABS-CBN Corp. is seeking shareholder approval for a P4.5-billion capital increase and a two-seat board expansion, reshaping its corporate structure as two new directors are nominated to join the company’s governing body.

Shell Energy PH secures additional 120 MWp solar power deal in Leyte

Shell Energy Philippines Inc. (SEPH) has entered a second 15-year power supply agreement with Greenlight Renewables Holdings Inc. via its unit San Isidro Solar Power Corp., securing an additional 120 megawatts peak (MWp) from the second phase of the San Isidro solar power project in Leyte. Announced Tuesday, the new deal follows an earlier 15-year agreement for the project’s first phase, bringing the total solar capacity SEPH will source from Greenlight Renewables to 240 MWp.

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