‘These no longer belong to me and my family. These belong to the Filipino people and the children.’ Out of the four Philippine Constitutions, it was the 1935 Constitution that was said to be the best-written one according to a story by the National Historical Commission of the Philippines...
The local stock market plunged almost 200 points after government tightened lockdown measures while US bourses also weakened. The PSEI fell 194.75 points or 2.94 percent to close at 6,436.10 as share fell across the board. Volume rose to 3.53 billion shares worth P10.41 billion as losers beat...
The local stock market moved further sideways as bulls and bears wait in the sidelines with their ears peeled for fresh cues. Photo credit: PSE Information Desk The main index eked out a gain of 7.75 points or 0.12 percent to close at 6,566.83 even thought the Property counter continued to...
The local stock market suffered a steeper fall as reality sets in on how bad the COVID-19 situation is being handled, raising fears of a reverting to more restrictions in the year-long lockdown. Photo credit: https://www.pse.com.ph The PSEi plunged 176.09 points or 2.62 percent to close at 6,552.46...
Thanks to higher ore export prices, listed mining firm Nickel Asia Corporation has booked a surge in its income last year despite the COVID-19 lockdown restrictions. In a regulatory filing, Nickel Asia informed the Philippine Stock Exchange (PSE) that it reported an attributable net income (net of...
Local share prices rose on continued bargain hunting on the back of gains in the US bourses overnight. Photo credit: PSE Information Desk The main index advanced 41.49 points or 0.61 percent to close at 6,808.32 with only the Financials and Mining and Oil counters retreating. A total of 9.14...
The local stock market managed to eke out a small gain as investors picked up some bargains while remaining wary of rising COVID cases. The main index inched up 9.91 points or 0.15 percent to close at 6,766.83 with only the Property sector in the red. Volume jumped to 5.9 billion shares worth...
The local stock market fell as the number of new COVID cases surged while foreign investors shift funds to the US. The PSEi plunged 125.45 points or 1.81 percent to close at 6,756.92 as bank stocks led the drop across the board. A total of 7.2 billion shares worth P9.85 billion changed hands as...
The local stock market posted more gains despite losses in overseas markets after early profit-taking eventually petered out. The PSEi improved by 23.22 points or 0.34 percent to close at 6,942.76 although only the Financials and Holding Firms counters advanced. Volume surged to 221.53 billion...
The local stock market advanced for the third straight session Tuesday, (March 2), on optimism over the arrival of vaccines. The Philippine Stock Exchange index (PSEi) gained 46.57 points, or 0.68 percent, to close at 6,919.54 although sectoral indices were evenly mixed. Volume improved to 126.72...
The Securities and Exchange Commission (SEC) has launched its online payment system Monday, (March 1) to make it faster, more convenient, and secure when paying registration and other transaction fees. In a statement, the Commission said the newly developed SEC Payment Portal is a web-based...
The local stock market is seen to remain volatile this week due to the upcoming release of earnings results of some index heavyweights as well as the inflation figure for February. “Inflation expectations are expected to be one of the main drivers of the market ahead of the release of the...
