The local stock market fell after the health department reported the country’s first two cases of the Omicron variant. The PSEi lost 109.41 points or 1.51 percent to close at 7,132.58 as the Property sector led the retreat across the board. 53334 Volume jumped to 1.33 billion shares worth P11.35...
The local stock market rose as investors start buying stocks seen to do well next year. The Philippine Stoc k Exchange index (PSEi) gained 44.38 points or 0.62 percent to close at 7,241.99 although only the Banks and Holding Firms counters advanced while the Services sector led decliners. PSE_NEW...
The local stock market closed almost flat after trading sideways most of the day due to the absence of fresh market moving news. The main index shed 1.31 points or 0.02 percent to close at 7,190.86 as the Services sector led the retreat while the Mining and Oil and Property counters managed to...
The Securities and Exchange Commission (SEC) has approved the planned public offerings by AREIT, Inc. and Cityland, Inc. In its meeting on Dec. 9, the Commission En Banc resolved to render effective the registration statements of AREIT for a P15 billion debt securities program and of Cityland for...
The Land Transportation Office (LTO) will bring back its public service project called "LTO on Wheels" at the Parañaque Integrated Terminal Exchange (PITX) on Saturday, Dec. 11, to make its services more accessible to motorists. (Photo from Parañaque Integrated Terminal Exchange) The "LTO on...
The local stock market declined at the end of the trading week after investors pocketed gains from the recent rally in share prices. The main index dropped 42.75 points or 0.59 percent to close at 7,192.17 as banks led the retreat across the board. 52188 Volume rose to 3.57 billion shares worth...
The local stock market rose on the back of growing optimism that the Omicron variant will not be as bad as initially feared. The main index jumped 87.62 points or 1.23 percent to close at 7,234.92 as banks led the advance with only the Property sector posting a marginal decline. PSE_NEW Volume...
The Manila Zoo in Malate District, Manila and the Cebu Safari Adventure Park in Carmen City, Cebu have entered into a partnership for medicine and wildlife exchanges on Wednesday, Dec. 8. The partnerhip with Cebu Safari Manila was announced by Mayor Francisco "Isko Moreno" Domagoso during a...
The Philippine Stock Exchange (PSE), in partnership with the Department of Trade and Industry through the Board of Investments (BOI), is holding a forum to encourage firm receiving government incentives to go public. In a statement, the PSE said they will conduct an initial public offering (IPO)...
The Philippine Stock Exchange has approved the planned P1.77 billion initial public offering of Figaro Coffee Group, Inc. (FCG), the last company to conduct an IPO this year. The firm is selling 1.26 billion primary shares and up to 126 million over-allotment shares at a price of up to P1.28 per...
The Securities and Exchange Commission (SEC) has won another legal battle against on illegal lending with a regional trial court having convicted the incorporators and directors of X-CEE789 Lending and Trading, Inc. for submitting falsified documents for its registration. In a decision dated June...
The local stock market managed to end higher after treading in the red most of the day following to release of positive economic data. The main index added 26.56 points or 0.23 percent to close at 7,147.30 although most sectors were down with banks postings the biggest losses while only the Holding...
