Tag: PSEi

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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.

PSEi seen reaching 7,800 points by yearend

Markets Context.ph Context.ph -
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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BOI sweetness incentives to build local clinker capacity

Trade & Investments 0
The government is sharpening its industrial policy for the cement sector, extending fiscal incentives to integrated cement projects while encouraging manufacturers to produce more clinker locally to reduce import dependence and strengthen the domestic supply chain.

PEZA lands P83M IT investment in Davao

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) has secured another investment for the country's expanding digital economy, signing a registration agreement with Industry Shared Services Centre Inc. for an P83-million information technology project in Davao City that is expected to generate more than 290 direct jobs.

Grab rolls put financial lifeline for local restaurants amid rising costs

Transport & Logistics 0
Grab Philippines has launched a targeted support initiative to help local restaurant owners battle the crippling combination of rising utility bills and surging food costs. The assistance comes as inflation continues to squeeze the profit margins of micro, small, and medium enterprises (MSMEs) across the country.

Kaspersky, DICT warn public about public wi-fi dangers

Communications & Technology 0
Global cybersecurity firm Kaspersky has joined the Philippine Department of Information and Communications Technology (DICT) in urging Filipinos to be extra careful when using public Wi-Fi networks, which are often targeted by cybercriminals to steal personal information, login details, and spread harmful software.

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