The local stock market surged on news that government is easing quarantine measures to boost the economy. Traders work beneath an electronic ticker on the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC) Metro Manila, the Philippines. (Bloomberg FILE PHOTO) The main...
The Philippine Stock Exchange index ended the week lower as investors worry over the impact of the pandemic on the global economy. The main index lost 39.86 points or 0.67 percent to close at 5,898.47 with index stocks leading the decline while small caps and second liners did better. ...
Having art online is not new. And with the changing times, the art scene has fully embraced the digital world, from its social events and galleries to auctions. This weekend is another testament to that as León Gallery launches a two-day online auction, showcasing the best art pieces and modern...
The local stock market chalked up a small gain yesterday as most investors are still sitting in the sidelines. The Philippine Stock Exchange index (PSEi) gained 13.03 points, or 0.22 percent, to close at 5,938.33 with the Industrial and Services counters retreating. Volume fell to 1.18 million...
The Philippine stock market ended the week yesterday higher on continued bargain hunting. The Philippine Stock Exchange index (PSEi) gained 54.53 points, or 0.92 percent, to close at 5,999.40 as all sectors advanced. However, volume was lower at 1.47 billion shares worth P4.91 billion with gainers...
The local stock market posted a small gain yesterday on quarter-end window-dressing. The Philippine Stock Exchange index (PSEi) added 22.63 points, or 0.39 percent, to close at 5,864.23 although the Financials and Industrial counters retreated. Volume remained weak at 1.07 billion shares worth...
The Philippine Stock Exchange, Inc. (PSE) is revising its Main and Small, Medium and Emerging (SME) Board initial public offering (IPO) Listing Rules in a bid to attract more companies to list in the local bourse. “We reviewed our listing rules alongside the listing rules of our peer exchanges....
The Securities and Exchange Commission (SEC) has approved the planned P41.55 billion initial public offering of broadband service provider Converge Information and Communications Technology Solutions, Inc. In its meeting on September 24, the Commission En Banc resolved to render effective the...
Because of the pandemic and temporary suspension of some of its open market facilities, the Bangko Sentral ng Pilipinas (BSP) earned less in the second quarter, reducing its six-month net income to P13.714 billion or 54.1 percent lower than same time in 2019 of P29.883 billion. The BSP has been...
The local stock market is seen to continue to consolidate this week due to the absence of any market moving news. “So far, confidence towards the local market remains low due to the lack of an impetus that could boost appetite amid the lingering uncertainties in our economy and in our COVID-19...
The Securities and Exchange Commission (SEC) has approved the shelf registration of SM Investments Corporation’s P30 billion worth of fixed-rate bonds. The Commission En Banc resolved to render effective the registration statement of SMIC for debt...
The local stock market ended the last trading day of the week lower as investors continue to lock in gains. The PSEi shed 34.62 points or 0.58 percent to close at 5,908.90 with sectoral indices evenly mixed. Volume rose to 767 million shares worth P7.64 billion with gainers and losers tied at 94...
