Tag: PSEi

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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.

PSEi seen reaching 7,800 points by yearend

The benchmark Philippine Stock Exchange index (PSEi) could hit 7,800 points within the year as most of its 30-members have forecast earnings exceeding pre-pandemic levels.

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Fuel price adjustments seen mixed this week amid Strait of Hormuz tensions

Fuel prices will see mixed adjustments again this week, driven by shifting global oil prices tied to tensions in the Middle East, according to a local fuel retailer.

MPTC first-quarter net income down 3% despite higher revenue

Metro Pacific Tollways Corp. (MPTC) reported a 3 percent drop in net income for the first quarter of 2026, totaling ₱2.25 billion from ₱2.32 billion a year earlier, due to rising costs and expenses.

Telco rolls out free wifi in quake-hit areas

PLDT Enterprise rolled out free WiFi in quake-hit areas — General Santos City, Sarangani, Glan, Jose Abad Santos, and parts of Davao Occidental — serving thousands of residents.

Globe accelerates network upgrades in Aklan, Antique under 2026 roadmap

Globe Telecom is stepping up infrastructure and resiliency upgrades in Aklan and Antique to boost connectivity for residents, businesses, schools, hospitals, and government offices amid the growing digital economy.

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