“The bulls were hailed as the victors in the local bourse as investors digested [first quarter 2023] corporate earnings,” Luis Gerardo Limlingan, head of sales at stock brokerage house Regina Capital Development, said in a note to investors.Financials rose 2.52 percent after major lenders BDO Unibank and Bank of the Philippine Islands reported strong first-quarter earnings.—Miguel R. Camus
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PSEi down in dull trade while new earnings season unfoldsMANILA -The benchmark Philippine Stock Exchange index (PSEi) slipped during a low volume session on Wednesday as investors await the next round of earnings results for the first quarter of
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