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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NLEX steps up flood measures

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Metro Pacific Tollways Corp. is deploying temporary flood barriers, siphoning trucks and additional pumps along NLEX in Tulaoc, San Simon, Pampanga, after severe flooding caused hours-long traffic. Concrete barriers will cover about 300 meters in each direction to limit water entering the expressway. MPTC said pumping alone cannot clear the highway while surrounding areas remain flooded. The company also plans to further elevate the Tulaoc roadway once the bridge is raised, while coordinating with government agencies on longer-term flood-control solutions.

Fuel prices drop: diesel, kerosene down over ₱3 per liter — relief for businesses, households

Energy & Mining 0
Major local fuel firms will roll back prices starting Tuesday, September 1, with diesel and kerosene falling by more than ₱3 per liter after two consecutive weeks of increases.

Subic airport eyed for e-commerce cargo hub 

Transport & Logistics 0
The Bureau of Customs is preparing Subic Bay International Airport as a potential alternative gateway for e-commerce shipments, opening another route for time-sensitive cargo and expanding Subic’s role in the country’s logistics network.

SB Equities trims Ayala Land income forecast, cuts price target on higher costs 

Corporate 0
SB Equities Inc., the research and brokerage arm of Security Bank Corp., has lowered its income projections for property developer Ayala Land Inc. after the firm raised its outlook for operating expenses.

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