The Philippine Stock Exchange index (PSEi) recovered some ground but settled below the day’s high as investors bet on a lower inflation rate to be announced on Wednesday. The main index added 39.22 points or 0.65 percent to close at 6,037.19 as conglomerates led the advance while the services and...
The PSEi plunged due to the MSCI rebalancing and Trump’s latest statements which continue to rock investor sentiment. The main index fell 126.12 points or 2.06 percent to close at 5,997.97 with the Property counter leading all sectors down. Volume jumped to 1.11 billion shares worth ₱20.63...
The local stock market declined as it continues its see-saw trend amid negative geopolitical factors and generally upbeat corporate results. The main index shed 20.87 points or 0.34 percent to close at 6,124.09 as Miners led the retreat with only Banks managing to advance. Volume rose to 534...
To ensure that the Philippines stays out of the grey list of global financial crimes watchdog Financial Action Task Force (FATF), the Securities and Exchange Commission (SEC) is rolling out more reforms to combat money laundering and terrorist financing. In a press conference, SEC Chairperson...
The local stock market bounced after news that the Philippines will continue to receive US aid, while upbeat corporate earnings further lifted investor sentiment. The Philippine Stock Exchange index (PSEi) rallied by 80.80 points or 1.33 percent to close at 6,144.96 on Wednesday, Feb. 26, as Banks...
The Securities and Exchange Commission (SEC) has approved Megawide Construction Corporation’s planned public offering of up to ₱5.95 billion worth of preferred shares. In its meeting on Feb. 25, the Commission En Banc resolved to render effective Megawide’s registration statement covering a...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest property developers, has successfully raised ₱25 billion from the issuance of fixed-rate retail bonds, which it listed on the Philippine Dealing & Exchange Corporation (PDEx) on Feb. 25, 2025. The issuance, consisting of...
The local stock market weakened as investor sentiment remains dampened by geopolitical concerns such as US tariffs and discouraging economic and inflation numbers. The main index dropped on Tuesday, Feb. 25, by 31.81 points or 0.52 percent to close at 6,064.16, as conglomerates led the retreat...
Despite sealing deals to acquire the stakes of its fellow shareholders in the Philippine Dealing System Holdings Corporation (PDSHC), the Philippine Stock Exchange (PSE) will still be more than 20 percent shy of its target of full ownership of the fixed-income bourse owner. In a disclosure, the PSE...
To support the strong economic growth and the rise of new businesses in the Cagayan Valley region, the Securities and Exchange Commission (SEC) has opened a new office in Ilagan City. The SEC inaugurated the SEC Ilagan Extension Office (EO) on Feb. 24, located at the ground floor of The Capital...
The Securities and Exchange Commission (SEC) is pushing for the expansion of the government securities (GS) repurchase agreement (repo) market as part of its commitment to deepen the country’s capital market. The Commission said in a statement that since it assumed direct market oversight in...
The Philippine Stock Exchange index (PSEi) ended almost flat on Monday, Feb. 24, as gains of banks and conglomerates managed to balance losses of other sectors. The main index shed 2.07 points or 0.03 percent to close at 6,095.97 with the industrial and services counters leading decliners. Volume...
