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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Alas Pilipinas scores historic Sunday in 2 continents 

Sports & Entertainment 0
Sunday belonged to Alas Pilipinas, and halfway around the world, the Philippine volleyball program made sure it would be remembered.

Business groups warn intimidation could scare investors

Economy 0
Philippine business groups have warned that acts of intimidation and hatred could damage investor confidence, tourism and the country’s global reputation, urging authorities to quickly identify those responsible and enforce the law.

Meralco August rates seen lower on ERC-approved refund

Energy & Mining 0
Manila Electric Co. (Meralco) announced Sunday that electricity rates in its service area will likely decrease this August, ahead of the official rate adjustment set to be released on August 10. The company said a newly approved refund from the Energy Regulatory Commission (ERC) will be enough to cover other upward adjustments in monthly bills.

SEC defends term limits for PSE broker-directors

Corporate 0
The Securities and Exchange Commission (SEC) has stood by its decision to set term limits for broker-directors of the Philippine Stock Exchange (PSE). Under SEC Memorandum Circular No. 17, these directors may serve a maximum of 10 years in total at any exchange.

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