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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Century Properties 1Q profit slips on higher costs

Century Properties Group reported a 6-percent decline in net income in the first quarter of the year, as higher interest expenses and taxes offset gains from its core operations.

Converge tops PH broadband speed rankings; DITO leads mobile internet in latest report

Converge ICT Solutions Inc. has ranked first in the Philippines’ SpeedGeo Broadband Internet Speed Ranking for the first quarter of the year, based on hundreds of thousands of user tests nationwide.

DA says P50 rice price cap still allows fair profit for sellers

The Department of Agriculture (DA) said the P50 per kilo price cap on imported rice is fair for both consumers and rice sellers, as authorities continue enforcing President Ferdinand Marcos Jr.’s order to keep rice prices affordable.

BDO, Mastercard celebrate 20 years supporting OFWs

BDO Unibank and Mastercard marked 20 years of partnership focused on helping overseas Filipinos send money home and stay financially connected with their families.

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