The Philippine Stock Exchange index gained for the third day on the back of stronger US stocks and the decline in new COVID cases in the country. The main index advanced 24.55 points or 0.36 percent to close at 6,915.28 on Thursday, Sept. 23, as the Industrial sector led the advance while the...
Chief executives of stock exchanges in the ASEAN have agreed to actively promote the region’s capital market as an asset class. During at the 33rd ASEAN Exchanges CEOs Meeting hosted by The Philippine Stock Exchange, Inc. (PSE), the capital market leaders also discussed potential initiatives to...
The Securities and Exchange Commission (SEC) has declared final and executory the revocation of the Certificate of Authority (CA) of KingABC Lending Corporation to operate a lending company because of unfair debt collection practices. In a resolution, the SEC Corporate Governance and Finance...
The local stock market made a small bounce even as investors worry about China’s property debt crisis. The main index added 23.30 points or 0.34 percent to close at 6,881.20 although sectoral indices were evenly mixed with the Property counter actually leading the advance. 33937 Volume was...
The local stock market followed through on last Friday’s weakness due to lack of fresh leads. The main index dropped 54.95 points or 0.79 percent to close at 6,857.90 as the Mining and Oil counter led the retreat while the Services sector was the only gainer. 33707 Volume was about average at...
HONG KONG, (AFP) - The Hong Kong stock exchange tumbled Monday over fears of a contagion from the potential collapse of Chinese real estate giant Evergrande as it struggles under a mountain of debt. PIXABAY/ MANILA BULLETIN The firm, one of the country's biggest developers, has warned it may not be...
The Philippine Travel Exchange (PHITEX), the country’s biggest and government-organized travel trade expo, kicked off on Monday, Sept. 20, a hybrid edition for the second straight year amid the pandemic. The Philippine Travel Exchange (PHITEX) 2021 is now in full swing as a hybrid event for the...
The Securities and Exchange Commission is planning to establish the Office for the Advancement of Strategic Investments in SMEs (OASIS) as it fully supports the more IPO listings from the SME sector. “We would be more than happy to see more SMEs undertaking IPOs (initial public offerings). It is...
Stock prices declined as investors opted to cash out before the week ends. The main index dropped 55.58 points or 0.80 percent to close at 6,912.85 led by profit-taking in the Services sector while only the Financials counter managed to advance. 33177 Volume jumped to 1.81 billion shares worth...
32938 The local stock market finally bounced from its string of losses after investors found share prices to have reached attractive levels. The main index rose 66.99 points or 0.97 percent to close at 6,947.19 with the Services sector leading the advance across the board as it resumed its upward...
Emperador Inc., the world’s largest brandy company, reported that it has submitted the necessary application documents for its planned Secondary Listing on the Main Board of the Singapore Exchange (SGX). In a disclosure to the Philippine Stock Exchange, Emperador said the application is subject...
The local stock market weakened further due to the decline in US stocks overnight. The main index dropped 40.16 points or 0.58 percent to close at 6,880.20 as the Property and Services sectors led the retreat while only Holding Firms counter managed to advance. 32711 Volume remained hefty at 1.51...
