Philippine Stocks Open 2025 on a Positive Note

Share prices surged during the first trading day of 2025 as investors embarked on a buying spree late in the session. The benchmark Philippine Stock Exchange Index (PSEi) climbed 21.60 points to close at 6,550.39 points on Thursday. PSE President and CEO Ramon S. Monzon expressed optimism for a more robust trading year and improved capital raising performance. He highlighted the ongoing efforts to implement the three-year strategic plan, aimed at developing the local capital market.

Meanwhile, investors are awaiting key economic indicators, including the ISM Manufacturing Index and domestic manufacturing and price data. Total trade volume for the day remained relatively low at P3.24 billion, with foreign investors exhibiting net buying activity of P217.72 million. International Container Terminal Services Inc. emerged as the most active stock, gaining P13 to close at P399 per share. Other sub-indices displayed mixed performance

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Source: MlaStandard - 🏆 20. / 55 Read more »

Philippine Stocks Rise, Peso Falls on First Trading Day of 2025Philippine stocks edged up on the first trading day of 2025, while the peso weakened against the US dollar. Trading was thin as many investors remained on holiday break.
Source: MlaStandard - 🏆 20. / 55 Read more »