Tag: PSEi

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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.

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.

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DOE to release coal transition plan: balancing climate goals and energy security

The Department of Energy (DOE) is set to release a formal coal transition plan, a key policy step that aligns the country’s climate commitments and renewable energy targets while securing stable power supply amid ongoing challenges in the coal sector.

Meralco restores power as Habagat floods disrupt service

Crews of Manila Electric Co., or Meralco, are working round-the-clock to restore electricity in areas hit by heavy rains and flooding from the enhanced southwest monsoon, with around 49,000 customers still experiencing service interruptions as of 4 p.m. Sunday.

Central bank warning drives DA to review food policies to protect consumers from price spikes

The Department of Agriculture is sharpening its strategy against the potential return of the El Niño weather phenomenon, responding directly to alerts from central bank officials that future droughts could trigger a new wave of inflation. Monetary authorities have emphasized that farm output and market prices are deeply linked, making agriculture policy a primary front in the country’s fight against rising living costs. For everyday consumers, any drop in farm production quickly turns into higher prices for kitchen staples, directly impacting household budgets.

Fuel prices set to drop, ending two-week streak of hikes 

Motorists can expect relief at the pumps this week as fuel prices are projected to fall on Tuesday, bringing an end to two consecutive weeks of increases.

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