The local stock market followed through on last Friday’s weakness due to lack of fresh leads. The main index dropped 54.95 points or 0.79 percent to close at 6,857.90 as the Mining and Oil counter led the retreat while the Services sector was the only gainer. 33707 Volume was about average at...
HONG KONG, (AFP) - The Hong Kong stock exchange tumbled Monday over fears of a contagion from the potential collapse of Chinese real estate giant Evergrande as it struggles under a mountain of debt. PIXABAY/ MANILA BULLETIN The firm, one of the country's biggest developers, has warned it may not be...
The Philippine Travel Exchange (PHITEX), the country’s biggest and government-organized travel trade expo, kicked off on Monday, Sept. 20, a hybrid edition for the second straight year amid the pandemic. The Philippine Travel Exchange (PHITEX) 2021 is now in full swing as a hybrid event for the...
The Securities and Exchange Commission is planning to establish the Office for the Advancement of Strategic Investments in SMEs (OASIS) as it fully supports the more IPO listings from the SME sector. “We would be more than happy to see more SMEs undertaking IPOs (initial public offerings). It is...
Stock prices declined as investors opted to cash out before the week ends. The main index dropped 55.58 points or 0.80 percent to close at 6,912.85 led by profit-taking in the Services sector while only the Financials counter managed to advance. 33177 Volume jumped to 1.81 billion shares worth...
32938 The local stock market finally bounced from its string of losses after investors found share prices to have reached attractive levels. The main index rose 66.99 points or 0.97 percent to close at 6,947.19 with the Services sector leading the advance across the board as it resumed its upward...
Emperador Inc., the world’s largest brandy company, reported that it has submitted the necessary application documents for its planned Secondary Listing on the Main Board of the Singapore Exchange (SGX). In a disclosure to the Philippine Stock Exchange, Emperador said the application is subject...
The local stock market weakened further due to the decline in US stocks overnight. The main index dropped 40.16 points or 0.58 percent to close at 6,880.20 as the Property and Services sectors led the retreat while only Holding Firms counter managed to advance. 32711 Volume remained hefty at 1.51...
The local stock market dropped after after hitting strong resistance at the 7,000 level. The PSEi lost 47.78 points or 0.69 percent to close at 6,920.36 as Holding Firms and Mining stocks led the decline while the Services counter continued to buck the trend. 32465 Volume surged with the listing of...
RL Commercial REIT, Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, successfully listed its shares at the Philippine Stock Exchange with its share price holding steady amid a weaker market. 32437 RCR makes history as the Philippines’ largest publicly-listed REIT with a...
D&L Industries has successfully listed its maiden bond offering at the Philippine Dealing and Exchange Corporation (PDEx) after being oversubscribed by both individual and institutional investors. The firm raised ₱5 billion from the issuance of Peso-Denominated Fixed-Rate Bonds consisting of...
The Securities and Exchange Commission (SEC) is warning the public to be careful when dealing or transacting with corporations or entities that are not licensed or registered in the Philippines. The SEC said it has received numerous inquiries regarding the implications of transacting with...
