Stocks down, peso still at P52.10:$1
February 22, 2018
Stocks ended lower on Thursday, with the Philippine Stock Exchange index settling at 8,51.57 points, down 98.08. In the broader market, there were 136 decliners, 77 gainers and 49 issues unchanged. Volume reached 2.96 billion worth P10.46 billion from Wednesday’s
Stocks lower, but peso sustains rally
February 21, 2018
Stocks ended lower on Wednesday, with the Philippine Stock Exchange index finishing 109.05 points lower to 8,613.65. In the broader market, there were 128 decliners, 82 gainers and 46 shares unchanged. Volume reached 1.92 billion worth P9.53 billion from Tuesday’s
PSE index rallies to end slightly higher
February 20, 2018
Stocks rallied to close higher on Tuesday, with the Philippine Stock Exchange index finishing 12.48 points up to 8,722.70. In the broader market, there were 116 decliners, 95 gainers and 53 issues unchanged. Volume went down to 3.47 billion shares
ADB needs to reinvent itself in pursuit of Asia-Pacific inclusive growth: Dominguez
February 20, 2018
Finance Secretary Carlos Dominguez III has underscored the need for the Asian Development Bank (ADB) to “reinvent” itself by pursuing new development programs to spell wider economic inclusion across the Asia-Pacific after helping transform the region into the “center of gravity”
Peso weakens to near 12-year low before closing at P52.34:$1
February 19, 2018
The peso weakened to a near 12-year-old on Monday in reaction to the Bangko Sentral ng Pilipinas’ one percentage point reduction in the reserve requirement to 19 percent. The Philippine currency weakened to a low of P52.45 against the US
Egyptian with suspected terror links and Filipina arrested by police-military team in Manila
February 19, 2018
Police said an Egyptian and his Filipina companion were arrested in Malate, Manila last week where alleged firearms and parts for explosives were discovered by a team from the Philippine National Police and the Armed Forces of the Philippines (
Dominguez invites Alibaba to help build an inclusive financial system in the Philippines
February 17, 2018
Finance Secretary Carlos Dominguez III has invited the Alibaba Group to partner with the Duterte administration and the private sector in building an inclusive financial system in the Philippines that would help fuel growth in rural communities and level the
Stocks, peso slightly up
February 15, 2018
Stocks gained while the peso closed slightly higher in reduced volume on Thursday. The Philippine Stock Exchange index went by 14.33 points to 8,612.44 points. But the market breadth remained negative with 147 decliners, 68 gainers and 42 shares unchanged.
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