The Philippine Stock Exchange index (PSEi) opened the year on a positive trajectory, closing at 6,550.39 on Tuesday, up 21.60 points or 0.33%. Market activity saw mixed movements as advances (94) narrowly trailed declines (97), while 47 stocks remained unchanged. Total market value stood at P3.2 billion, reflecting a moderate trading session. Foreign investors posted […]

The Philippine Stock Exchange Inc. (PSE) is strengthening its foothold in the country’s fixed-income market with a deal to acquire a majority stake in the Philippine Dealing System Holdings Corporation (PDS). In a statement, the stock market operator announced it signed an agreement on December 26, 2024, to purchase an additional 61.92% of PDS, increasing […]

The Philippine Stock Exchange index (PSEi) broke its seven-day losing streak on Friday, edging up 0.17% or 10.78 points to close at 6,406.38 as investors hunted for bargains. Despite the modest recovery, the benchmark PSEi ended the week in negative territory, shedding 3.18%. The All Shares index also declined, finishing the week at 3,675.83 points, […]