The local stock market ended mixed with the PSEi down while more shares traded higher as investors wait for the release of economic data due this week. The main index shed 12.55 points or 0.18 percent to close at 6,937.96 as the Mining and Oil counter led advancers while Banks weighed down the...
The Philippine Stock Exchange saw its brightest moments during the Aquino administration with the main index surging to its highest levels while companies raised record amounts of capital from the public through the bourse. On July 1, 2010, the first trading day since Former President Benigno S....
Investors will again wait to see if the government will announce any changes in quarantine measures while prices of certain stocks may be boosted by quarter-end window-dressing. “Next week, investors are expected to watch out for the government’s quarantine classification decisions for the...
Wala Lang Small pieces of paper, tiny bits of metal—neither is edible nor useful but people work, fight, kill for them. Paper money and coins are the subject of Yaman: History and Heritage in Philippine Money , a weighty tome just published by the Bangko Sentral ng Pilipinas. Authored by...
The local stock market rose as local investors continue to follow the lead of their US counterparts. The main index moved up 64.51 points or 0.94 percent to close at 6,950.51 as the Services counter led other sectors in advancing across the board. However, volume remained below average at 2.54...
The Securities and Exchange Commission (SEC) threatens to revoke the licenses of lending and financing companies that have yet to register and disclose their online lending platforms (OLP). The Commission issued the stern warning in a notice as it continues to cleanse the roster of lending and...
The local stock market dipped as investors are hesitant to bring up share prices while waiting for the outcome of the central bank policy meeting. The main index shed 32.41 points or 0.47 percent to close at 6,886.00 with only the Financials and Industrial counters managing to advance. Volume was...
The Securities and Exchange Commission (SEC) is finalizing the guidelines for arbitration that would ensure the speedy and impartial resolution of intra-corporate disputes. The Commission released for public comment the draft guidelines operationalizing Section 181 the Revised Corporation Code of...
The local stock market rose as it continues to gather strength from gains in US bourses. PH STOCKS The main index was 48 points or 0.70 percent higher at 6,918.41 as sectoral indices moved higher across the board. The Property counter recovered and led the day’s advance. Volume improved slightly...
The local stock market recovered some losses from the past days in line with a bounce in US bourses. PH STOCKS The PSEi rose by 43.24 points or 0.63 percent to close at 6,870.41 as Holding Firms advanced the most while only the Financials counter retreated. Volume remained tepid though at 2.55...
The local stock market started the week lower after US bourses drop on concern that interest rates will soon go up. The main index dropped 24.21 points or 0.35 percent to close at 6,827.17 with Holding Firms leading the retreat while only the Property sector managed buck the trend. Volume fell to...
The local equities market weakened further as investors continue to pocket gains from a stalled rally. The PSEi dropped 36.54 points or 0.53 percent to close at 6,851.38 with only the Industrial and Services sectors advancing while the Property index led the retreat. Volume was lower at 2.25...
