Philippine stocks rallied for a fourth straight trading day, sending the benchmark index above the 6,900 level as reassurance from the Bangko Sentral ng Pilipinas (BSP) of continued monetary easing perked up the market.
The Philippine peso, however, tumbled to 58.91 against the US dollar Wednesday from 58.81 Tuesday.
The bellwether Philippine Stock Exchange index surged 172.44 points, or 2.54 percent, to close at 6,975.63, while the wider all-shares index advanced...
Philippine stocks rallied for a fourth straight trading day, sending the benchmark index above the 6,900 level as reassurance from the Bangko Sentral ng Pilipinas (BSP) of continued monetary easing perked up the market.
The Philippine peso, however, tumbled to 58.91 against the US dollar Wednesday from 58.81 Tuesday.
The bellwether Philippine Stock Exchange index surged 172.44 points, or 2.54 percent, to close at 6,975.63, while the wider all-shares index advanced...
The Philippine stock market sank for a sixth straight trading day as investors remained anxious over the possible impact of US president-elect Donald Trump’s...
Philippine stocks declined for fifth straight trading day, falling below the 6,900 level on continued concerns over the weakening peso against the US dollar,...
Trading at the Philippine Stock Exchange is expected to remain volatile amid anxiety over the geopolitical space after former US President Donald Trump completes...
