
PSEi rebounds on bargain hunting, strong corporate earnings
The Philippine stock market posted modest gains, buoyed by strong corporate earnings and bargain hunting. However, investor caution persisted, leading to subdued trading. Attention remains focused on the central bank's next monetary policy move.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Del Monte Philippines in Financial Tightrope Amid Debt Concerns
Del Monte Philippines (DMPI), a beloved brand domestically, faces a financial tightrope due to its parent company Del Monte Pacific's (DMPL) substantial debt. A default notice from Singapore-based SEA Diner is intensifying pressure on its operations.
- Mans Carpio's Landbank Account Balances Unveiled in Impeachment Trial
During the impeachment trial of Philippine Vice President Sara Duterte, the year-end balances of her husband, Manases "Mans" Carpio's Land Bank account from 2022 to 2025 were revealed. This information, presented by the prosecution, highlights efforts to ensure financial transparency.
- Moody’s Completes Stake Acquisition in PhilRatings, Eyes Philippine Bond Market Growth
Moody's Corporation has finalized its acquisition of a 19.99 percent stake in Philippine Rating Services Corp. (PhilRatings), anticipating that the Philippines' economic expansion and infrastructure needs will support bond issuance.
- GCash Parent Mynt Eyes Record-Breaking IPO in Philippines
Mynt Inc., the parent company of Philippine fintech giant GCash, is set to launch the country's largest-ever initial public offering (IPO), aiming to raise approximately P60.9 billion. Analysts recommend subscribing, citing strong growth potential in digital financial services and projected revenue and net income increases.