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DOWN. Both the Philippine Stock Exchange index (PSEi) and the peso slipped on Tuesday (Aug. 30, 2022) following Federal Reserve Chair Jerome Powell's speech, indicating the need to hike further in the coming months to address the elevated inflation rate. He said the rate tightening will have some impact on domestic growth. (PNA graphics) MANILA - Risk-off sentiments following another statement for more tightening moves from the Federal Reserve resulted in another slip both for the main stocks gauge and the peso on Tuesday. The Philippine Stock Exchange index (PSEi) started the shortened wo...

MTR services and bus routes will gradually resume.

RISK-ON SENTIMENTS CONTINUE. The Bureau of the Treasury's (BTr) ongoing retail treasury bond (RTB) offering is partly traced to have boosted both the local bourse's main index and the peso on Wednesday (Aug. 24, 2022). An economist, however, said investors' wait-and-see stance on what Federal Reserve Chair Jerome Powell will say during the Jackson Hole conference kept investors at bay. (PNA file photo) MANILA - The Philippines' main stocks gauge experienced a breather on Wednesday and recovered. After sliding since Monday, the Philippine Stock Exchange index (PSEi) rose by 0.38...

WORRIES. Concerns on the global growth path and the inflation result in the drop of both the main equities index and the peso on Monday (Aug. 22, 2022). Investors remain to be watchful on the central bank's key policy rate decisions given the elevated inflation rate both here and abroad. (PNA file photo) MANILA - Worries on the global growth path and rate hike decisions by central bank hit the local bourse on Monday while the peso finished at 56-level against the US dollar. The Philippine Stock Exchange index (PSEi) shed 2.32 percent, or 159.45 points, to 6,704.41 points. All Shares follow...

MIXED TRADING. Profit-taking ends the Philippine main equities index's rally on Wednesday (Aug. 17, 2022) as investors await the release of the July 2022 retail sales data. On the other hand, the peso finished the day sideways against the US dollar. (PNA file photo) MANILA - Bargain hunting ended in the local bourse, resulting in the negative close of the main equities index on Wednesday, but the peso kept its footing against the US dollar. After several days of rally, the Philippine Stock Exchange index (PSEi) shed by 0.46 percent, or 31.65 points, to 6,818.99 points. All Shares followed ...