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FED RATE HIKE. The local stock barometer recovers on Monday (April 25, 2022) as earnings report season starts, and on expectations for further hikes in the Federal Reserve's key rates. However, the peso weakened against the US dollar. (PNA file photo) MANILA - The main stock gauge started the week up on investors' anticipation for another increase in the Federal Reserve's key rates in May, but the peso weakened against the US dollar. After a slump at the end of last week's trading, the Philippine Stock Exchange index (PSEi) recovered and jumped by 0.32 percent, or 22.24 points, to 7,020.83 points. All Shares finished sideways after a rise of 0.03 percent, or 1.20 points, to 3,722.80 points. However, most of the sectoral gauges fell during the day, namely Mining and Oil, 5.14 percent; Financials, 0.89 percent; Industrial, 0.65 percent; Services, 0.11 percent; and Property, 0.02 percent. Only the Holding Firms index gained during the day after it increased by 1.34 percent ....

San Carlos , Negros Occidental , Michael Ricafort , Luis Limlingan , Rizal Commercial Banking Corporation , Holding Firms , Regina Capital Development Corporation , Philippine News Agency , Federal Reserve , Philippine Stock Exchange , Google Parent Alphabet , Meta Platforms , Commercial Banking Corporation , Fed Rate Hike The Local Stock Barometer Recovers On Monday April 25 , 022 As Earnings Report Season Starts , Nd On Expectations For Further Hikes In The Federal Reserve 39s Key Rates However , He Peso Weakened Against The Us Dollar Pna File Photo Manila Main Stock Gauge Started Week Up On Investors 39 Anticipation For Another Increase In Federal Reserve 39s Key Rates May , Ut The Peso Weakened Against Us Dollar Aftera Slump At End Of Last Week 39s Trading , He Philippine Stock Exchange Index Psei Recovered And Jumped By 0 32 Percent , R 22 24 Points , O 7 , 020 83 Points All Shares Finished Sideways Aftera Rise Of 0 03 Percent , R 1 20 Points , O 3 , 722 80 Points However , Ost Of The Sectoral Gauges Fell During Day ,