The PSEi dipped again as investors remained cautious and took profits late in the trading day after President Marcos asked heads of government controlled corporations to resign for another top level reshuffling. The main index shed 12.99 points or 0.20 percent to finish at 6,412.81 with Miners...
The Securities and Exchange Commission (SEC) is seeking to entice real estate companies with rental pool arrangements to tap the capital market for their growth and financing needs with the launched of streamlined rules for the registration their securities. Rental pool agreements refer to...
he PSEi rose after the US announced another pause in the implementation of tariffs on products from the European Union. The main index added 41.18 points or 0.64 percent to close at 6,425.80 as Banks led gains accross the board. Volume improved to 601 million shares worth P6.3 billion as gainers...
Maynilad Water Services Inc. reported that feedback from preliminary investor meetings has been encouraging for its planned initial public offering, valued at up to ₱45.8 billion. In a letter to the Philippine Dealing & Exchange Corporation, Maynilad Corporate Information Officer Lourdes Marivic...
The Securities and Exchange Commission (SEC) has approved the planned ₱20 billion offering of re-issued preferred shares by Zobel-led Ayala Corporation. In its meeting on May 27, the Commission En Banc resolved to render effective the registration statement of Ayala covering the re-issuance of...
The Philippine Stock Exchange index (PSEi) ended slightly negative as investors continue their wait-and-see stance as several economic data are die for release later this week. The main index shed 5.32 points or 0.08 percent to close at 6,384.62 with sectoral indices equally divided. Volume...
The PSEi declined on mixed trading as investors waited for the release of economic data due this week. The main index shed 23.16 points or 0.36 percent to close at 6,389.94 with sectoral indices equally divided. Volume was low at 486 million shares worth P4.74 billion as gainers outnumbered losers...
Digido Finance Corporation has filed a motion for reconsideration after the Securities and Exchange Commission cancelled its financing license and denies having opened or operated four branches without obtaining the necessary certificate of authority. This comes after the SEC cancelled the...
The Securities and Exchange Commission (SEC) has bagged two Global Good Governance (3G) awards from London-based Cambridge International Finance Advisory (IFA) for the fifth consecutive year, further stamping its mark as a leader in good corporate governance and sustainability. Cambridge IFA...
Stock investors are expected to take cues from the release of a slew of data this week, which includes the Philippines’ budget and trade balance numbers as well as US gross domestic product and jobless claims. Rizal Commercial Banking Corporation Chief Economist Michael L. Ricafort said upcoming...
The Securities and Exchange Commission (SEC) has cancelled the financing license of Digido Finance Corporation for opening and operating four branches without first getting the necessary certificate of authority from the Commission. Digido, which operates online lending platforms (OLPs) UnaPay and...
The PSEi rose on the last trading day of the week as uncertainties eased after President Marcos chose to keep his economic team intact after asking his cabinet secretaries to tender their courtesy resignations. The main index jumped 107.73 points or 1.71 percent to close at 6,413.10 as Banks led...
