Noticias de dinero

Peso edges higher; PSEi back at 6,800

THE peso regained some ground, and the stock market rose back to the 6,800 level on Tuesday, with investors said to have cheered an interest rate cut outlook. The currency strengthened by three and a half centavos to P56.035 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) advanced by 56.05 points, or

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Noticias de dinero

Peso, PSEi weaken at week’s start

THE peso and the stock market both dropped at the start of the trading week, falling back to the P56:$1 and 6,700 levels, respectively, in the absence of major catalysts. The currency weakened by 11 centavos to P56.07 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) retreated by 74.62 points, or 1.09

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Noticias de dinero

Peso weakens, PSEi gains; US inflation news tagged

THE peso and the stock market moved in different directions on Wednesday following the release of US inflation data, the former falling back to the P56:$1 level and the latter bucking a regional decline. The peso opened trading at P56.18:$1 and ranged from P56.08 to P56.333. Volume reached P1.338 million, slightly higher than the P1.258

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Noticias de dinero

Peso, PSEi down as week starts

THE peso and the stock market both fell on Monday, the former returning to the P56:$1 level and the latter closing just a few points shy of dropping back to 6,700 territory. The currency weakened by nine centavos to P56.0005 against the dollar, while the benchmark Philippine Stock Exchange index (PSEi) tumbled by 42.34 points,

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Noticias de dinero

Peso slightly higher, PSEi continues rise

THE peso edged higher and the stock market also sustained its rally on Thursday at the end of a shortened trading week, with analysts noting that positive economic data was continuing to lift sentiment. The currency strengthened by just under four centavos to P55.911 against the dollar, while the benchmark Philippine Stock Exchange index (PSEi)

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Noticias de dinero

Peso up slightly; PSEi falls

The peso marginally rose but the stock market slipped on Monday with investors said to be waiting for the release of Philippine growth data and results of a US Federal Reserve policy meeting. The currency strengthened by two centavos to P56.27 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) shed 55.41 points,

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Noticias de dinero

Peso, PSEi drop at week's end

THE peso and the stock market capped the trading week with declines, the former weakening by 13 centavos to P55.97 against the dollar while the latter fell by 7.33 points, or 0.11 percent, to 6,503.54. The broader All Shares, on the other hand, ended basically flat, gaining just 0.02 percent, or 0.57 points, to 3,451.78.

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Noticias de dinero

Peso, PSEi up at start of week

THE peso and stock market both started the week on a positive note with sentiment said to have been boosted by the latest data releases and rate cut expectations. The currency strengthened by 14 centavos to P55.77 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) advanced by 37.27 points, or 0.56 percent,

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Noticias de dinero

PSEi starts 2024 strong but peso falls vs dollar

THE stock market started the year strong, with investors said to be upbeat about upcoming data releases, but the peso fell as the dollar gained versus major currencies. The benchmark Philippine Stock Exchange index (PSEi) added 104 points, or 1.61 percent, to close at 6,554.04 on Tuesday while the broader All Shares advanced by 1.21

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Noticias de dinero

PSEi ends lower on macroeconomic factors

THE Philippine Stock Exchange index (PSEi) went down by 69.07 points or by 1.06 percent to 6,450.04 points on Friday, the last trading day of the year, which is below 2022’s close of 6,450.04 and a drop of 1.77 percent year on year. Philstocks Financial Inc. senior research analyst Japhet Tantiangco said several factors challenged

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