The local stock market bounced with small gains after last week’s fall as some bargain hunting has started. PSE file photo The main index gained 25.67 points or 0.36 points to close at 7,071.50 with sectoral indices evenly mixed. Volume fell to 79.86 billion shares worth P9.11 billion as losers...
The Securities and Exchange Commission (SEC) has approved the planned P3-billion public offering of fixed rate bonds by Century Properties Group, Inc. (CPG). The SEC said the Commission En Banc resolved to render effective the registration statement of CPG covering up to P2 billion...
The Philippine stock market fell as foreign funds continue to flow out. The main index dropped 94.46 points or 1.32 percent to close at 7,045.83 with only the Industrial and Mining & Oil counters advancing. Volume dipped to 135 billion shares worth P11.39 billion with loaers edging out gainers...
The local stock market declined as investors continue pocketing gains following the previous day’s spike. The main index dropped 46.68 points or 0.64 percent to close at 7,258.11 with all sectors retreating. Volume dipped to 41.52 billion shares worth P9.74 billion as losers beat gainers 144 to...
Local share prices rose after backtracking for two days as investors started picking up cheaper stocks. PSE file photo (Photo credit: https://www.pse.com.ph) The PSEi regained 71.76 points or 1.92 percent to close at 7.119.61 as sub-indices were green across the board. Volume declined to 46.43...
The Securities and Exchange Commission (SEC) has green-lighted the country’s first crowdfunding platform that will connect small, medium and emerging enterprises with banks and other lenders. A joint venture between Filinvest Development Corporation and Investree Singapore Pte. Ltd., Investree...
Local share prices weakened further as investors worry over the new strain of the coronavirus that is causing a spike in COVID-19 cases. The main index dropped 86.33 points or 1.21 percent to close at 7,047.85 as all sectors lost ground. Volume remained high at 22.68 billion shares worth P11.91...
Philippine share prices retreated after US markets opened the year in the red on concerns over COVID-19 and the run-off elections in Georgia. The main index lost 63.32 points or 0.88 percent to close at 7,134.18 with only the Industrial counter holding its ground. Volume increased to 30.76 billion...
Stock market investors started the new year with optimism, pushing the main index up on the first trading day of 2021. Photo credit: (https://www.pse.com.ph/) The PSEi rose 57.79 points or 0.81 percent to close at 7,197.50 with only the Financials sector retreating. A hefty 21.55 billion shares...
The Philippine Stock Exchange is cautiously optimistic that the local stock market will perform better in 2021 and expects at least 10 companies to raise funds via the bourse through public offerings of stocks. “For 2021, we look forward to a better market performance on expectations that...
The Securities and Exchange Commission (SEC) has revoked Super Cash Lending Corporation’s certificate of authority (CA) to operate as a lending company for its unfair debt collection practices. In an order, the SEC Corporate Governance and Finance Department (CGFD) found Super Cash liable for...
The Securities and Exchange Commission (SEC) has approved the public offerings of securities by Philippine Stock Index Fund Corp. (PSIF) and Cityland, Inc. worth a total of P50.8 billion. The Commission En Banc resolved to render effective the registration statements of PSIF covering up...
