Tag: Philippine Stock Exchange

President Duterte visits the Philippine Stock Exchange for the first time

MANILA, Philippines — President Rodrigo Duterte on Tuesday, July 11, visited the Philippine Stock Exchange (PSE) for the first time to attend the 10th listing anniversary of Phoenix Petroleum Philippines, Inc. (PNX). PNX is a leading independent and fastest-growing oil company in the country that opened its first station in Davao in 2005. On July 2007, it became a publicly listed company in the PSE, the only oil company to do so after the Oil […]

Philippine presidential favourite causing market jitters

  MANILA, Philippines (AFP) — Philippine presidential favourite Rodrigo Duterte’s vague economic plans and threats to kill thousands of criminals are spooking the financial markets, with one business leader warning Tuesday the trash-talking politician would bring anarchy. The key Philippine Stock Exchange index fell on Tuesday for the fifth consecutive day, a stretch that began after Duterte made a speech before top business leaders in which he joked about his penis and vowed to pardon himself […]

Philippine stock market extends gains

MANILA, Feb. 6 (PNA) — The Philippine stock market finished slightly higher along with other Asian bourses, extending its gains for a second day on Thursday, following the positive closings from Wall Street. The benchmark Philippine stock exchange index (PSEi) edged up 6.18 points to 5,914.59 from previous day’s 5,908.41 finish. Brokerage firm 2tradeasia.com said local equities continued to mirror follow-through positive closings from Wall Street. This was supported by hopes for another status quo […]