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 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 country’s top corporations have shown that they have been walking the talk even before signing the Covenant for Shared Prosperity wherein they have sacrificed profitability in order to take care of their stakeholders and ensure sustainability....
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 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...
PSE file photo (Photo credit: https://www.pse.com.ph) The local stock market finally succumbed to profit-taking as investors used the weakness in US bourses as an excuse to sell. The main index dropped 76.11 points or 1.17 percent to close at 6,415.08 as share prices declined across the board....
The local stock market managed to rise a few points after opening weaker as the listing of Converge ICT failed to inject excitement among investors. PSE file photo (Photo credit: https://www.pse.com.ph) The main index gained 7.13 points or 0.11 percent to close at 6,491.19 withe sectoral indices...
The local stock market recovered from early profit taking due to the improvement in COVID-19 numbers as well as prospects of a US stimulus package. Traders work beneath an electronic ticker at the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC).(Bloomberg file photo)...
The local stock market followed through on the previous day’s rally as investors are upbeat over government moves to open up the economy further. Traders work beneath an electronic ticker on the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC) Metro Manila, the...
The Securities and Exchange Commission (SEC) has approved the planned P41.55 billion initial public offering of broadband service provider Converge Information and Communications Technology Solutions, Inc. In its meeting on September 24, the Commission En Banc resolved to render effective the...
The Securities and Exchange Commission (SEC) has approved the shelf registration of SM Investments Corporation’s P30 billion worth of fixed-rate bonds. The Commission En Banc resolved to render effective the registration statement of SMIC for debt...
