A man walks past a mural on a fence of an elementary school that serves as a health protocol reminder among residents in Davao City. Local authorities are now intensifying its awareness campaign to stem the surging COVID-19 cases in the city. (Keith Bacongco) There should be no room for complacency...
The local stock market rose as local investors continue to follow the lead of their US counterparts. The main index moved up 64.51 points or 0.94 percent to close at 6,950.51 as the Services counter led other sectors in advancing across the board. However, volume remained below average at 2.54...
The local stock market dipped as investors are hesitant to bring up share prices while waiting for the outcome of the central bank policy meeting. The main index shed 32.41 points or 0.47 percent to close at 6,886.00 with only the Financials and Industrial counters managing to advance. Volume was...
The local stock market rose as it continues to gather strength from gains in US bourses. PH STOCKS The main index was 48 points or 0.70 percent higher at 6,918.41 as sectoral indices moved higher across the board. The Property counter recovered and led the day’s advance. Volume improved slightly...
Amid the persistent government reminder to observe minimum health protocols, these passengers remove their face shields while on board a public utility vehicle in downtown Davao City. Health authorities have attributed the surge of COVID-19 cases in the region to complacency. (Keith Bacongco/MANILA...
The local stock market recovered some losses from the past days in line with a bounce in US bourses. PH STOCKS The PSEi rose by 43.24 points or 0.63 percent to close at 6,870.41 as Holding Firms advanced the most while only the Financials counter retreated. Volume remained tepid though at 2.55...
The local stock market started the week lower after US bourses drop on concern that interest rates will soon go up. The main index dropped 24.21 points or 0.35 percent to close at 6,827.17 with Holding Firms leading the retreat while only the Property sector managed buck the trend. Volume fell to...
Four major foreign banks will finance businessman Dennis Uy’s $460 million acquisition of the 45-percent stake of Shell Philippines Exploration B.V. (SPEX) in the Malampaya gas field facility. Highly placed sources from Singapore...
The local equities market weakened further as investors continue to pocket gains from a stalled rally. The PSEi dropped 36.54 points or 0.53 percent to close at 6,851.38 with only the Industrial and Services sectors advancing while the Property index led the retreat. Volume was lower at 2.25...
The local stock market fell after investors lacked conviction to take it above the 7,000 level. The main index lost 85.43 points or 1.23 percent to close at 6,887.92 as share prices fell across the board led by the 2.56 percent drop of the Property counter. Volume jumped to 3.29 billion shares...
The Capital Markets Integrity Corporation (CMIC), the independent audit, surveillance, compliance and enforcement unit of The Philippine Stock Exchange, Inc., denied allegations that it had been remiss in its previous audits of Venture Securities Inc. In a statement released to media, Venture cited...
The Securities and Exchange Commission (SEC) has upheld the findings of the Philippine Stock Exchange’s independent audit, surveillance and compliance arm against Venture Securities, Inc. (VSI) for violation of multiple trading rules. The PSE’s Capital Markets Integrity Corporation said these...
