The local stock market bounced as investors took their cues from gains in overseas markets. The main index rose 31.82 points or 0.52 percent to close at 6,196.71 although sectoral indices were evenly mixed. Advancers were led by blue-chip Holding Firms while miners were the biggest decliners....
The reforms initiated by the government to deepen the local capital markets will ensure the economy to emerge stronger and more resilient in the aftermath of the prolonged pandemic, the Duterte administration’s chief economic manager said. Finance Secretary Carlos Dominguez III said the proposed...
The local stock market weakened as investors fretted over the possibility of higher US interest rates. The main index dropped 34.36 points or 0.55 percent to close at 6,164.89 as all indices retreated, led by the interest rate-sensitive Property sector. Volume was low with 1.09 billion shares worth...
Small local investors were still the main movers of the Philippine Stock Exchange (PSE) in the first-quarter this year, which the Department of Finance (DOF) attributed to the trust and confidence of the public in the regulatory institutions. Screen Shot 2021-05-24 at 2.46.56 PM Based on a report...
Late buying allowed the local stock market to close flat as investors continued to sit on the sidelines. The main index eked out a gain of 1.61 points or 0.03 percent to close at 6,199.25 with only the Financials and Services counters in the red. Volume remained weak with 1.63 billion shares...
The Securities and Exchange Commission (SEC) has given investment companies, brokers, dealers and other covered capital market participants an overall “medium” risk rating. This is the result of its money laundering (ML) and terrorist financing (TF) risk assessment of the securities sector the...
The PSEi managed to start the week in the green, thanks to late buying that allowed it to recover from early losses. The main index inched up 14.22 points or 0.23 percent to close at 6,283.58 with only the Financials and Holding Firms counters retreating. Volume was weak with 2.3 billion shares...
The local stock market is seen to move sideways this week as the previous week’s trading shows that investors are not allowing the PSEi to drop too low while not having enough confidence to buy up share prices. “For trend watchers, the best case is for a sideways drift to appear in the next...
The Securities and Exchange Commission (SEC) has received special citations from the Anti-Red Tape Authority (ARTA) for its efforts toward improving the ease of doing business in the country. In the Ease of Doing Business Summit held last week, the ARTA recognized the Commission as a “Doing...
The Securities and Exchange Commission (SEC) has received special citations from the Anti-Red Tape Authority (ARTA) for its efforts toward improving the ease of doing business in the country. In the Ease of Doing Business Summit held last week, the ARTA recognized the Commission as a “Doing...
The Philippine Stock Exchange has invited top executives of publicly-listed firms to talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from going public. The PSE said these executives will be part of a...
Fifteen teachers and three schools from the Philippines were recognized by the Department of Education (DepEd) for participating in this year’s KPTEP Online Teacher Exchange Programme. (Photo from DepEd) DepEd, in a statement issued Thursday, May 13, said that the 2021 KPTEP Online Teacher...
