Cherry-picking allowed the PSEi to end slightly higher on the first trading day of the second semester. The main index inched up 9.92 points or 0.16 percent to close at 6,165.35 as the Mining and Oil sector led the advance although the Industrial counter dropped. Volume fell to 508 million shares...
The Philippine Stock Exchange is looking forward to a record number of initial public offerings in 2022 after chalking up eight maiden offerings in the first six months of the year. In a statement, the bourse said the eight IPOs in the first semester already matches the same number of offerings for...
The Philippine Stock Exchange index (PSEi) plunged despite some end-of-semester window-dressing as investors worry over rising inflation and interest rates. The main index fell 147.76 points or 2.34 percent to close at 6,155.43 with the Services sector leading the decline although the Industrial...
The Securities and Exchange Commission (SEC) has been commended by former President Rodrigo Duterte for its contributions to uplifting the Philippine economy through innovative reforms and programs amid the pandemic. “I give due recognition to the officials and employees of the SEC for your...
Outgoing Senator Leila de Lima on Thursday, June 30 expressed her belief that the Securities Exchange Commission's revocation order against Rappler was part of the sinister plan of President Rodrigo Duterte. "The maliciously timed order to shutdown Rappler has Duterte’s vengeful imprint," de Lima...
Following the affirmation of the closure order of the Securities and Exchange Commission (SEC) against Rappler on Wednesday, Malacañang only repeated what it said when other critical news sites were prevented to run their websites in the country. Seek the help of the court, Presidential Spokesman...
Senator Risa Hontiveros on Wednesday, June 29 slammed the Securities and Exchange Commission’s (SEC) shutdown order against Rappler calling it a “truly deplorable” act. “It is truly deplorable that this administration continues to find new ways of threatening legitimate news organizations...
The local stock market declined as cautious investors were quick to pocket small gains made in the past two days. The main index dropped 42.22 points or 0.67 percent to close at 6,303.19 with the Property counter leading the losses although indices were evenly mixed. Volume weakened to 532 million...
The Securities and Exchange Commission (SEC) has affirmed the revocation of the certificates of incorporation of Rappler, Inc. and Rappler Holdings Corporation (RHC) for their violation of constitutional and statutory restrictions on foreign ownership in mass media. In a statement, the SEC said...
Local share prices rose with improving sentiment across global markets. The main index jumped 106.59 points or 1.71 percent to close at 6,345.41 as the Services sector led the advance with only Banks lagging behind. Volume improved to 847 million shares worth P7.46 billion as gainers beat losers...
The PSEi started the week higher in mixed trades as cautious investors picked up bargains. The main index rose 21.26 points or 0.34 percent to close at 6,238.82 although sectoral indices were evenly mixed. A total of 682.6 million shares worth P5.24 billion changed hands as gainers beat losers 98...
The closing bell rang for the last time at the Philippine Stock Exchange, marking the permanent closing of its trading floor last June 24. Trading participants (TP) that leased trading floor booths at the PSE Tower attended the event to witness the final day that trades were executed at the trading...
