Share prices dropped Wednesday as investors were quick to pocket gains amid uncertainties. The Philippine Stock Exchange index dropped 71.59 points, or 1.19 percent, to close at 5,946.62 with only the Mining and Oil counter managing to advance. Volume was slightly lower at 652 million shares...
Alsons Consolidated Resources Inc. (ACR) of the Alcantara group has listed its P1.0 billion commercial papers issuance with the Philippine Dealing and Exchange Corporation (PDEx), according to the company’s disclosure with the Philippine Stock Exchange. The P1.0 billion issue forms the second...
Fruitas Holdings, Inc. (FHI) re-allocating P165 million of its initial public offering proceeds to cover the acquisition of the site of its buko (young cononut) water commissary and its new headquarters. In a disclosure to the Philippine Stock Exchange, the firm said the P165 million is part of the...
The local stock market posted some gains on Monday as investors are becoming more upbeat about the reopening of the economy. The Philippine Stock Exchange index (PSEi) added 29.18 points, or 0.49 percent, to 5,997.14 although sectoral indices were evenly mixed. Volume remained weak at 1.13...
Stock market investors are seen to remain cautious this week and will be looking to the US Federal Reserve’s meeting for cues on whether to buy into the market or wait for more catalysts. Online brokerage firm 2TradeAsia.com said results of the Fed’s first convening will be announced on...
The local stock market ended the week on a positive note on Friday as investors continued to pick up bargains. The Philippine Stock Exchange index (PSEi) rose by 65.57 points, or 1.11 percent, to close at 5,967.96 with only the Financials and Mining and Oil sectors in the red. Volume...
