The Philippine Stock Exchange index managed to advance although there was some profit taking after the previous day’s spike in share prices. The benchmark index added 17.94 points or 0.24 percent to close at 7,419.10 on Wednesday, Nov. 24, although only the Holding Firms and Property counters...
The local stock market jumped on further bargain hunting as investors cheered a series of good news. The main index rose 118.49 points or 1.63 percent to close at 7,401.16 as telcos and banks led the rally across the board. 48245 Volume improved to 1.55 billion shares worth P9.28 billion as gainers...
The local stock market managed to end flat after starting the week in the red with investor sentiment stuck in the doldrums. The main index eked out a 2.1-point or 0.03 percent gain to close at 7,282.67 with only the Financials and Mining and Oil counters advancing while most sectors retreated....
12th Kutitap back online from Nov. 22 to 27, 2021 In celebration of the 2021 National Children’s Month and National Indigenous Peoples’ Month, the Cultural Center of the Philippines (CCP) through its Cultural Exchange Department (CED) in partnership with the Integrated Performing Arts Guild...
Stock market investors are seen to remain cautious this week as it does not have any major announcement scheduled that may affect sentiment. “Next week, the overall sentiment is expected to remain cautious as investors wait for catalysts for the market,” said Philstocks Financial Senior...
The Securities and Exchange Commission (SEC) has issued the draft guidelines for the registration and operation of online lending platforms (OLPs) as part of its efforts to stop abusive and predatory practices. The Commission released for public comment the draft guidelines on November 19,...
The Keepers Holdings Inc., retailer Lucio Co’s liquor import and distribution business, has successfully listed its P4.5 billion follow on offering shares at the Philippine Stock Exchange with its share price rising 12.7 percent to close at P1.69 apiece. PSE President Ramon S. Monzon said The...
The Securities and Exchange Commission (SEC) has approved the planned P750 million initial public offering (IPO) of Haus Talk, Inc. and the P6 bilion preferred share offering of EEI Corporation. The Commission En Banc resolved to render effective the registration statements of Haus Talk covering...
The PSEi continued its losing streak as sentiment weakened overnight while investors wait for fresh leads at the domestic front. The main index dropped 50.48 points or 0.69 percent to close at 7,299.34 as Banks and Miners led the retreat although the Property counter managed to eke out a small...
The local stock market weakened further as investors wait for the outcome of the policy meeting of the Monetary Board on Thursday, Nov. 18. The Philippine Stock Exchange index shed 17.6 points or 0.24 percent to close at 7,349.82 on Wednesday, Nov. 17, with sectoral indices evenly mixed as the...
The Securities and Exchange Commission (SEC) has approved three public share offerings -- Figaro Coffee Group, Inc., Citicore Energy REIT Corp. (CREIT) and, Arthaland Corporation -- worth almost P15 billion. Figaro initial public offering will consist of up to 1.26 billion common shares priced at...
The local stock market managed to end higher despite earlier losses as investors wait for more market moving news. The main index gained 25.05 points or 0.34 percent to close at 7,367.42 as the Mining and Oil counter led the advance although half the sectors retreated. PSE_NEW Volume was higher at...
