The Securities and Exchange Commission (SEC) has approved the public offering by Ayala Corporation of up to P10 billion worth of bonds under its P30 billion debt securities program. In its meeting on May 11, the Commission En Banc resolved to render effective the...
The Securities and Exchange Commission of the Philippines has been admitted as a new signatory to the ASEAN Collective Investment Schemes (CIS) Framework. This is after it signed a supplemental Memorandum of Understanding with the Securities Commission Malaysia (SC), the Monetary...
The Philippine stock market dropped further on concern that the April inflation rate remained high. The main index fell 59.46 points or 0.94 percent to close at 6,299.69 with only the Mining and Oil counter advancing. Photo credit: https://www.pse.com.ph Volume also fell, down to 4.15...
The local stock market lost a little more ground as investors continue to wait for more market moving news. The PSEi shed 10.13 points or 0.16 percent to close at 6,359.15 with only the Financials counter managing to close in the green. Volume remained anemic at 3.19 billion shares worth P4.63...
The local stock market ended flat after investors immediately pocketed early gains. The main index was 1.59 percent or 0.03 percent lower at 6,369.28 with sectoral indices evenly mixed. Volume was low at 3.03 billion shares worth P4.39 billion as losers beat gainers 111 to 83 with 56...
The stock market is seen to continue to be weighed down by the country’s COVID situation while investors will also be taking cues from the April inflation figure and corporate earnings announcements. “Next week, we still see a downward bias for the local market as we expect clouded economic...
Cavite-Laguna Expressway (CALAX) Subsection 5, targeted to open to motorists in the third quarter of 2021, is 93 per cent complete, MPCALA Holdings Inc. Friday, (April 30) announced. Subsection 5 is a 7.2km, 2x2 lane expressway linking Sta. Rosa-Tagaytay Interchange to Silang East Interchange....
Philippine stocks fell as investors pocketed recent gains ahead of the weekend. The main index lost 116.64 points or 1.8 percent to close at 6,379.87 with only the Mining and Oil counter advancing. Volume rose to 6.77 billion shares worth P8.62 billion as losers outpaced gainers 110 to 92...
The local stock market managed to post some gains despite the extension of quarantine measures in the capital region. PSE file photo The main index inched up by 18.37 points or 0.28 percent to close at 6,487.51 with only the Holding Firms counter giving way to profit-taking. However,...
Local share prices rose Wednesday, (April 28) on bargain hunting and window-dressing. The (Philippine Stock Exchange index (PSEi) jumped 112.67 points, or 1.77 percent, to close at 6,469.14 as the Holding Firms and Property counters led gains across the board. (Photo credit:...
Shareholders of Del Monte Philippines, Inc. (DMPI) are planning to raise up to P44 billion through an initial public offering of shares they own that are equivalent to 28.75 percent of the company. Based on the registration statement filed with the Securities and Exchange Commission,publicly-listed...
San Miguel Corporation (SMC) and Aboitiz Equity Ventures (AEV) are raising a combined P40 billion from the issuance of fixed-rate bonds shelf-registered with the Securities and Exchange Commission. In a disclosure to the Philippine Stock Exchange, SMC said it has filed with the SEC a...
