The Securities and Exchange Commission (SEC) has approved the P2-billion maiden share offering by Medilines Distributors Incorporated and the P9.55 billion follow-on offering by Sta. Lucia Land, Inc. In its meeting on October 12, the Commission En Banc resolved to render effective the registration...
The local stock market took a breather after investors pocketed some gains from the previous day’s spike. The main index shed 16.19 points or 0.23 percent to close at 7,107.82, dragged down by the Services sector which was the only decliner, while the Mining and Oil counter was the biggest...
Over 50 special home furnishings and statement pieces can be found at the auction Ever since its establishment in 2017, Torto and Meryll Canga’s Mr. Chair has been the go-to place for vintage modern furniture and accessories. What started out as a hobby became a passion project that helps...
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC...
Since politicians have already filed their certificates of candidacies, although there may be some substitutions before November 15, investors are now expected to refocus on the COVID situation and wait to see of the government will ease restrictions further. “This week, investors are expected to...
The local stock market ended the week lower, bucking the trend in overseas markets. The main index dropped 44.44 points or 0.64 percent to close at 6,906.86 as the Services sector continued to lead the retreat at it suffered from profit-taking while the Financials and Mining and Oil counters...
The Securities and Exchange Commission (SEC) has public offerings to raise about P87 billion planned by Ayala Land, Inc., Synergy Grid & Development Phils, Inc., Megawide Construction Corporation, and The Keepers Holdings, Inc. The Commission En Banc resolved to render effective the respective...
The PSEi failed to hold above the key 7,000 level as stocks succumbed to profit-taking after rising in the first three days of the week. The main index fell 106.15 points or 1.5 percent to close at 6,951.30 with the Services counter suffering the biggest loss while the Financials sector was the...
The PSEi breached the 7,000 resistance level as share prices rode on optimism from gains in US bourses as well as the declining COVID numbers in the Philippines. The main index rose 78.27 points or 1.12 percent to close at 7,059.51 as the Services sector continued to lead the charge across the...
The Securities and Exchange Commission (SEC) is calling on the public to secure their financial future by becoming smart investors and not become victims of scams. The commission issued this call as it joins the celebration of World Investor Week, a global campaign by the International Organization...
The local stock market managed to recover from early losses after the announcement of a lower-than-expected inflation rate for September. The main index rose 20.35 points or 0.29 percent to close at 6,981.24 as the Services sector led the advance although the Financials and Property counters...
The local stock market kicked off the week on a positive note although volume was thinner. The main index rose 37.29 points or 0.54 percent to close at 6,960.89 with the Mining and Oil counter leading the advance while the Industrial sector was the only one in the red. 36569 Volume dropped to 861.4...
