The local stock market dropped after after hitting strong resistance at the 7,000 level. The PSEi lost 47.78 points or 0.69 percent to close at 6,920.36 as Holding Firms and Mining stocks led the decline while the Services counter continued to buck the trend. 32465 Volume surged with the listing of...
RL Commercial REIT, Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, successfully listed its shares at the Philippine Stock Exchange with its share price holding steady amid a weaker market. 32437 RCR makes history as the Philippines’ largest publicly-listed REIT with a...
D&L Industries has successfully listed its maiden bond offering at the Philippine Dealing and Exchange Corporation (PDEx) after being oversubscribed by both individual and institutional investors. The firm raised ₱5 billion from the issuance of Peso-Denominated Fixed-Rate Bonds consisting of...
The Securities and Exchange Commission (SEC) is warning the public to be careful when dealing or transacting with corporations or entities that are not licensed or registered in the Philippines. The SEC said it has received numerous inquiries regarding the implications of transacting with...
The local stock market started the week flat while waiting for cues here and from overseas. The main index inched down 2.37 points or 0.03 percent to close at 6,968.14 with only the Services counter advancing while the Property sector led the retreat. 32210 Volume was low at 1.75 billion shares...
The local stock market regained the previous day’s losses amid guarded optimism over the COVID situation. The main index rose 46.49 points or 0.67 percent to close at 6,970.51 with gains led by the Services and Mining and Oil counters while the Financials sector was the only one that retreated....
The local stock market gave way to some profit-taking after rallying for the past trading days. 31443 The PSEi shed 25.37 points or 0.37 percent to close at 6,924.02 although only the heavyweight Holding Firms and Services counters weakened. Volume dropped to 920.41 billion shares worth P4.39...
AC Motors, the automotive arm of the Ayala Corp. conglomerate, aspires to become a pioneer in new energy vehicles sector and preeminent auto group in the country through disruptive technologies four years from now or by 2025 through disruptive technologies. 31456 31456 AC Industrials Chairman and...
The local stock market managed to rise despite the government’s backtracking on its decision to ease quarantine restrictions. The main index climbed 36.68 points or 0.53 percent to close at 6,949.39 as the Services sector led the advance while the Mining and Oil counter was the only one that was...
The local stock market moved up as investors ignored higher than expected inflation data and focused on the lower jobless rate and the easing of quarantine restrictions. The main index rose 35.61 points or 0.52 percent to close at 6,912.71 although sectoral indices were evenly mixed with the...
A Japanese agricultural council is aiming to grant farmers in Benguet a solar-powered cold storage facility that will preserve local produce and eventually eliminatie post-harvest losses. (Photo courtesy of the Department of Agriculture) But Department of Agriculture (DA) Secretary William Dar said...
SM Prime Holdings, Inc. is planning to raise up to P10 billion from the third tranche of its P100 billion fixed-rate bonds with the Securities and Exchange Commission in February last year. In a disclosure to the Philippine Stock Exchange, the firm said it has filed with the SEC an application for...
