The local stock market continued to surge on heightened optimism over COVID-19 vaccines and prospects of a US Stimulus plan. Photo credit: (https://www.pse.com.ph/) The main index jumped 113.51 points or 1.60 percent to close at 7,194.13 with only the Services sector retreating. Volume rose to 3.65...
Filipino businessmen can soon pay cashless for their Securities and Exchange Commission (SEC) registration, business licenses, fines, penalties, seminars and trainings, via the commission's Paymaya-powered online portal. The SEC will integrate its online portal with the PayMaya Checkout...
Traders work beneath an electronic ticker on the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC) Metro Manila, the Philippines. (Bloomberg FILE PHOTO) The local stock market fell as foreign funds cash in and leave for greener pastures. The main index dropped 107.16...
The local stock market was barely higher after investors were quick to cash out after early gains. The main index gained 8.83 points or 0.12 percent to close at 7,178.62 with only the Services and Property counters in the red. Volume was weaker at 9.35 billion shares worth P9.56 billion as gainers...
The local stock marker weakened as investors remain cautious and are quick to take profit. The PSEi dropped 54.16 points or 0.77 percent to close at 6,997.62 with only the Financials counter advancing. PSE file photo (Photo credit: https://www.pse.com.ph) Volume increased to 11.78 billion shares...
The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS) of financial institutions to account for the regulatory relief measures extended to them during the pandemic. SEC Memorandum Circular No. 32, Series...
The local stock market breached the 7,000 level again on renewed optimism among investors. Photo credit: (https://www.pse.com.ph/) The main index rose 92.64 points or 1.33 percent to close at 7,051.78 with only the Mining and Oil counter retreating. Volume remained high at 12.34 billion shares...
The Capital Market Development Council (CMDC) is exploring the possibility of creating a Child Trust Fund (CTF) that would provide long-term savings or investment accounts to qualified low-income families to support their children’s tertiary education. National Treasurer Rosalia De Leon...
The local stock market ended slightly lower on some profit-taking after the spike in prices during the previous session. The PSEi shed 11.22 points or 0.16 percent to close at 7,024.26 with the Holding Firms and Services counters retreating. Volume surged to 2.29 billion shares worth P27.77 billion...
The local stock market continued to rally on the back of gains in US bourses and hopes of a recovery in the local economy. (Photo credit: https://www.pse.com.ph) The main index jumped 180.72 points or 2.80 percent to close at 6,644.77 although the Mining and Oil counter retreated. Volume rose to 5...
The Securities and Exchange Commission (SEC) has approved the planned public offerings of Filinvest Land, Inc., Megawide Construction Corporation, and Cityland Development Corporation. The Commission En Banc resolved to render effective the registration statements of FLI covering up to P30...
The local stock market weakened further as investors continue to lock in their gains. Traders work beneath an electronic ticker on the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC) Metro Manila, the Philippines. (Bloomberg FILE PHOTO) The main index dropped 37.29...