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RISK ON. Investors' sentiments remain up, resulting in another rise of the Philippine Stock Exchange index (PSEi) on Tuesday (Aug. 16, 2022). The peso finished the day sideways against the US dollar even after opening weaker during the day. (PNA file photo) MANILA - Risk-on sentiments continued to lift the local bourse's main index on Tuesday while the peso finished sideways against the US dollar after touching the 56-level mid-day. All counters in the local stock market finished higher, led by the Philippine Stock Exchange index (PSEi), which rose 1.67 percent, or 112.80 points, to 6,...

RISK-ON. Expectations for possible slowdown of US inflation rate following the deceleration last July lift sentiments in the local bourse on Monday (Aug. 15, 2022). However, the peso weakened against the US dollar ahead of the rate-setting meeting of the Bangko Sentral ng Pilipinas (BSP) policy-making Monetary Board (MB) on Thursday. (PNA file photo) MANILA - The main equities index finished the week's first trading day higher on hopes for continued deceleration of US inflation rate but the peso weakened against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.57 percent...

APPETITE UP ANEW. Investors are risk-on on Tuesday (Aug. 12, 2022), boosting both the main stocks index and the peso, due largely to the report of slowdown in US inflation rate for July 2022. Consumer price index (CPI) in the world's largest economy decelerated to 8.5 percent in the seventh month this year from 9.1 percent in June, the highest since November 1981. (PNA file photo) MANILA - The local stock barometer ended higher Thursday partly due to the report of the slower July 2022 inflation in the United States while the peso gained against the US dollar. The Philippine Stock Exchange ...

LITTLE CHANGED. The main stocks index and the peso end little changed on Wednesday (Aug. 9, 2022) ahead of the release of the US' July 2022 inflation report. An economist said the July 2022 consumer price index in the US is expected to have decelerated given the decline in the prices of oil in the international market. (PNA file photo) MANILA - The wait-and-see stance for the release of the US' July 2022 consumer price index (CPI) report resulted in the flat close of the local bourse's main index and the sideways finish for the peso on Wednesday. The Philippine Stock Exchange index...

CONTINUED RECOVERY. The local stock barometer rises again on Tuesday (Aug. 9, 2022), buoyed partly by the continued recovery of the domestic economy, but the peso moves sideways against the US dollar. The Philippine Statistics Authority (PSA) reported the 7.4 percent growth of the domestic economy in the second quarter of this year, slower than the previous quarter's 8.2 percent. (PNA file photo) MANILA - The main stocks index rose anew on Tuesday as the domestic economy continued to show resilience following the release of the second-quarter economic growth but the peso finished sideways ...