Tag: PSEi

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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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Gaming industry pushes literacy over blanket bans 

Communications & Technology 0
The Philippine video game industry is pushing back against calls for blanket bans on violent video games, arguing that stronger digital literacy, parental supervision, and better enforcement of age restrictions would do far more to protect children online than outright prohibitions.

Amigas refuse quiet exit, floor another heavyweight instead

Sports & Entertainment 0
Missing the quarterfinals could have deflated the Philippines' beach handball team. Instead, the Amigas turned disappointment into another upset, adding the United States to a growing list of higher-ranked victims at the IHF Women's Beach Handball World Championship in Zagreb, Croatia.

Maya shifts to recycled plastic cards

Corporate Bulletins 0
Maya has begun rolling out cards made from recycled plastic (rPVC) and plans to transition all newly produced prepaid cards to recycled materials by the end of the year as part of its sustainability commitment.

Business group cheers BIR shift toward simpler taxes

Economy 0
The Philippine Chamber of Commerce and Industry (PCCI) believes the Bureau of Internal Revenue (BIR) may finally be turning a page on one of the private sector's longest-running frustrations: a tax system often seen as costly to comply with and difficult to navigate.

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