Stocks higher, peso loses ground vs US dollar
April 24, 2019
Philippine stocks ended higher while the peso closed at P52.23 against the US dollar on Wednesday. The peso finished at P52.04 against the US dollar. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.373
Stocks end lower
April 23, 2019
Philippine stocks ended lower on Tuesday as the markets remained open a day after a strong earthquake affected Metro Manila. The Philippine Stock Exchange index closed at 7,818.93 points, down 13.50 points. In the broader market, there were 120 decliners,
Stocks end flat, peso declines
April 22, 2019
Philippine stocks ended flat on Monday, the first trading day after a two-day Holy Week break. The peso closed at P51.765 against the US dollar from Wednesday’s P51.64. Volume reached $810.45 million from the previous session’s $581 million. The Philippine
Govt, BOJ Discuss Response to Market Volatility during 10-Day Holiday
April 20, 2019
Tokyo- The Finance Ministry, the Financial Services Agency and the Bank of Japan held a meeting on Friday to confirm responses to wild fluctuations on financial markets that may occur during Japan’s coming 10-day holiday related to the Imperial succession.
Ootoya to Raise Set Meal Prices by Up to 70 Yen
April 19, 2019
Tokyo- Japan’s Ootoya Holdings Co. has said it will raise the prices of “teishoku” set meals by 10 to 70 yen, effective from Tuesday, due to higher labor and food costs. The restaurant chain operator will reduce the number of
Stock index up slightly, peso unchanged at P51.765:$1
April 17, 2019
Philippine stocks closed higher and the peso finished unchanged at P 51.765 against the US dollar on Wednesday, the last trading day as financial markets will be closed for Holy Week. Volume at the foreign exchange portal of the Bankers
Overall BOP registers $627m surplus in March: BSP
April 17, 2019
The overall balance of payments (BOP) position posted a surplus of $627 million in March, a reversal of the $266 million BOP deficit recorded in the same month last year, the Bangko Sentral ng Pilipinas (BSP) Wednesday. Inflows in March
March foreign portfolio investments result in net outflows: BSP
April 17, 2019
Foreign portfolio investment transactions resulted in net outflows in March, the Bangko Sentral ng Pilipinas (BSP) said Wednesday. Transactions for the month yielded net outflows of $739 million, resulting from gross outflows of $2.5 billion and gross inflows of $1.7
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