Peso gains anew; PSEi closes lower | The Manila Times
THE peso started the week on a positive note, but the stock market ended a three-day rally and fell back below the 6,200 level as investors awaited fresh data.
Stay updated with breaking news from Capital Development. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
THE peso started the week on a positive note, but the stock market ended a three-day rally and fell back below the 6,200 level as investors awaited fresh data.
Asyad inks four partnerships within vendor development programme to empower SMEs
THE peso and the stock market gained further on Friday with sentiment said to be still buoyed by a Monetary Board decision to keep interest rates unchanged and also trim inflation forecasts.
The currency strengthened by 3-and-a-half centavos to P55.79 against the dollar, while the benchmark Philippine Stock Exchange index added 20.35 points, or 0.33 percent, to close the day at 6,191.48.
THE peso and stock market started the week on a down note with investors said to be in wait-and-see mode ahead of the release of fresh economic data and the outcome of a monetary policy meeting.