The Securities and Exchange Commission (SEC) has added new options for its online payment system, making payment for registration and transactions fees faster and more convenient for the public. In a statement, the SEC said clients can now use their GCash payment wallets to settle registration and...
The local stock market inched up some more as investors picked up bargains amid an improvement in global markets. The main index added 15.61 points or 0.23 percent to close at 6,769.62 as sectoral indices were evenly mixed. Volume remained thin at 745 million shares worth P5.37 billion as gainers...
The local stock market bounced on Wall Street’s lead despite the announcement that inflation rate rose further in May. The main index rose 37.13 points or 0.55 percent to close at 6,754.01 as the Mining and Oil sector led all counters in the advance. Volume remained weak though at 877 million...
The local stock market started the week lower as investors continue to worry about inflation and interest rates. The main index shed 24.52 points or 0.36 percent to close at 6,716.88 as only the Property counter advancing while the Mining and Oil sector led the retreat. A total of 1.88 billion...
Renewable energy producer Raslag Corporation has successfully listed its shares are the Philippine Stock Exchange following its P700 million initial public offering. Raslag shares opened at its high of P2.48 per share before slowly declining to its closing price of P2.05 per share, 2.5 percent...
Sentiment at the local stock market may be weighed down this week by another round of substantial hikes in fuel prices and investors will also be watching out for the government’s report on the inflation rate last month. “Next week, the local market is seen to have a downward bias given the...
The local stock market closed higher after a weak start as investors started picking up bargains before the week ended. The main index rose 54.57 points or 0.82 percent to close at 6,741.40 as the Mining and Oil sector led in the advance across the board. However, volume dropped further to 1.09...
SEC reaps awards as champion of good governance By JAMES A. LOYOLA The Securities and Exchange Commission (SEC) continues to reap global recognition as an advocate of good governance and transparency in the Philippine corporate sector. Cambridge International Financial Advisory (Cambridge IFA)...
The local stock market declined as investors continue to worry over the global economy. The main index shed 25.38 points or 0.38 percent to close at 6,686.83 although only the Banks and Industrial counters retreated while the Mining and Oil sector led advancers. Volume weakened further to 852...
The local stock market dropped further on concern over the impact of rising inflation and interest rates. The main index lost 62.47 points or 0.92 percent to close at 6,712.21 as Banks led the decline although Mining and Property stocks managed to advance. Volume fell to 659 million shares worth...
The Philippine Stock Exchange, Inc. (PSE) has approved the planned P4.5-billion initial public offering of North Star Meat Merchants, Inc. slated for June 13 to 17, 2022. The meat vendor will offer up to 360 million primary shares and 32 million secondary shares with up to 58 million over-allotment...
The Philippine Stock Exchange has also approved the planned initial public offering (IPO) by Balai ni Fruitas Inc. worth up to P309.38 million. Balai ni Fruitas will offer to the public up to 325 million primary common shares priced at up to 75 centavos each. Balai logo The offer will also include...
