The Securities and Exchange Commission (SEC) is collaborating with international organizations to beef up its enforcement capabilities in pursuit of its mandate to protect the public from securities fraud and other forms of investment scams. SEC Philippines, in partnership with the US SEC and...
The local stock market bounced from the previous day’s drop after US inflation figures indicate that the US Federal Reserve may keep rates steady. The main index rose 59.22 points or 0.96 percent to close at 6,208.40 as Conglomerates led the advance across the board. Volume declined to 412...
The Securities and Exchange Commission (SEC) is warning the public against two more firms that are not authorized to solicit investments as they do not have the necessary license. In separate advisories, the SEC named that two firms as Dermacare-Beyond Skin Care Solutions, Beyond Skincare...
The local stock market fell to a one-year low as investors exercise caution before the release of US inflation data. The main index plunged 81.02 points or 1.30 percent to close at 6,149.18 as Conglomerates registered the biggest drop while the Mining and Oil sector stayed in the green....
The Philippine Stock Exchange index (PSEi) was a tad lower as some investors took profits although most still stayed on the sidelines while waiting for US inflation numbers. The main index shed 3.54 points or 0.06 percent to close at 6,230.20 with sectoral indices equally divided. Volume...
The Securities and Exchange Commission (SEC) has given crowdfunding portals the authority to act as registrars of qualified institutional and individual buyers, as it ramps up efforts to boost the capital market. The Commission has issued SEC Memorandum Circular No. 12, Series of 2023, providing...
The local stock market inched up on follow-up bargain-hunting as investors wait for the release of more economic data this week. The main index added 10.80 points or 0.27 percent to close at 6,223.74 with sectoral indices evenly divided. Volume remained low at 640 million shares worth P3.62...
The Securities and Exchange Commission (SEC) has advised the public against dealing with Sprhy Gold Investment or Sprhy Cash Paluwagan and Secret for Elimination of Rampan Poverty Worldwide (SERP Worldwide) due to their unauthorized solicitation of investments without the necessary license from the...
The Securities and Exchange Commission (SEC) is set to raise basic penalties on the late and non-filing of reports by as high as 1,900 percent to compel corporations to comply with their reportorial requirements on time. The SEC will release a new scale of fines and penalties for the late and...
Local stock brokerage firm Philstocks Financial has revised downwards its year-end projection for the Philippine Stock Exchange index (PSEi) due to lower economic growth while corporate earnings growth may also be slower in the second semester. Philstocks Financial Assistant Research Manager...
This week, cautious stock market investors will be looking for cues from the US August inflation report and Philippine data on foreign direct investments and remittances from overseas Filipinos. While the Philippine Stock Exchange index (PSEi) managed to advance in the last two weeks, Philstocks...
The local stock market managed to end higher despite weaker US stocks as investors picked up bargains that emerged after Thursday's (Sept. 7) drop in prices. The main index rose by 0.64 percent or by 39.87 points to close at 6,222.94 although sectoral indices were evenly split. Volume was...
