PSEi Slips to 6,200 on Weak GDP, Profit Taking - BusinessWorld Online

PSEi slips to 6,200 on weak GDP, profit taking - BusinessWorld Online

By Alexandria Grace C. Magno PHILIPPINE EQUITIES retreated to the 6,200 level on Monday as investors reacted to weaker-than-expected economic growth and booked profits ahead of key inflation data. The benchmark Philippine Stock Exchange index (PSEi) dropped 0.5% or 31.89 points to close at 6,297.08. The broader all-share index fell 2.05% or 73.71 points to 3,509.52. “The local market declined as concerns over the economy’s momentum weighed on in…

Senator Legarda Calls For Shift To Green, Inclusive Growth Amid Slower GDP

Sen. Loren Legarda on Friday urged policymakers to pursue greener, more inclusive and value-driven growth following weaker-than-expected economic performance in 2025. Legarda said the latest data showing fourth-quarter gross domestic product (GDP) growth of only 3 percent — the slowest quarterly expansion in nearly 15 years outside the pandemic — should prompt a reassessment of existing development assumptions. Full-year growth settled at 4.4 pe…