July 5, 2024

Profit-taking slashes local stocks; peso ends sideways

MANILA: Following the local stock market’s gain for two consecutive days, profit-taking shed the Philippine Stock Exchange index (PSEi) on Friday, while the peso ended the week sideways.

The PSEi declined by 0.23 percent to 6,492.75 after returning t…

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BSP bills volume offering reduced

MANILA: The Bangko Sentral ng Pilipinas (BSP) on Friday reduced the total volume offering of the BSP bills (BSPB) to PHP160 billion.

In a statement on Friday, BSP Deputy Governor Francisco Dakila Jr. said the allocation mix was lowered to

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