Tag: PSEi

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PSEi faces volatility amid foreign selling pressure

Markets Context.ph Context.ph -
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

Markets Context.ph Context.ph -
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

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.

PSEi steady above 6,000 amid mixed signals

Markets Context.ph Context.ph -
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.

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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PEZA, Oman target investments across four strategic industries

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) and Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ) have identified four priority industries for deeper investment cooperation, as both countries seek to strengthen trade and position their economic zones as complementary gateways to regional markets.

Davao durian shipped to Oman in new trial export

Agriculture 0
The Department of Agriculture announced Tuesday that 56 boxes of Davao durian, weighing 1.08 metric tons and worth around P183,000 ($3,000), have been sent to Oman. The shipment from Engseng Food Products of Davao City is bound for Jeel Almaaly International in Al Dakhiliyah Governorate.

Petron net income drops 28% on high oil costs

Corporate 0
Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.

Singapore’s USEL eyes Philippine logistics, data center investments

Transport & Logistics 0
Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in logistics parks and data centers in the Philippines, underscoring growing foreign interest in sectors benefiting from the country's expanding digital economy and infrastructure buildout.

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