Share prices recovered as investors position ahead of the inauguration of US President Donald Trump. The main index jumped 86.60 points to 1.38 percent to close at 6,352.12 as Banks led the advance across the board. But volume declined to 994 million shares worth P4.93 billion as gainers...
The PSEi resumed its downward trek after a small bounce the previous day as late selling wiped out gains made due to US inflation numbers coming within expectations. The main index dropped by 64.94 points or 1.03 percent to close at 6,265.52 as Banks led the retreat with only Miners advancing....
The local stock market bounced with global bourses as the steep drop in the past days presented bargain-hunting opportunities. The main index added 30.79 points or 0.49 percent to close at 6,330.46 with the Property counter leading the advance although sectoral indices were evenly split. Volume was...
The local stock market continued its descent as investors wait for positive catalysts while coming to terms with the prospect of fewer interest rate cuts this year. The main index dropped 43.43 points or 0.68 percent to close at 6,299.67 as Industrials led the decline while Miners and the Property...
The Securities and Exchange Commission (SEC) reported that the Court of Appeals (CA) has upheld the cease and desist order (CDO) the commission issued against AlphanetWorld Corporation. AlphanetWorld, doing business under the name and style of NWorld, was ordered by the SEC to stop soliciting...
The Philippine Stock Exchange index (PSEi) fell to a 6.5-month low on Monday, Jan. 13, dragged down by a strengthening US dollar and growing concerns over the pace of US Federal Reserve rate cuts. The main index plunged by 153.22 points or 2.36 percent to close at 6,343.10 as Conglomerates led the...
The Securities and Exchange Commission (SEC) has required publicly listed companies and other corporations with public interest to disclose fees paid to their external auditors. In a statement, the commission said this requirement is meant to enhance transparency and accountability in reporting...
The local stock market will be looking forward to the release of US December inflation figures for cues although sentiment has already been dampened by expectations that the Federal Reserve will be less aggressive in cutting policy rates. With the market having difficulty maintaining a solid...
The PSEi eased on thin trades on the last trading day of the week amid lack of cues from the US. The main index shed 15.25 points or 0.23 percent to close at 6,496.32 with Conglomerates leading the decline while Banks bucked the trend to post a decent gain. Volume was anemic at 1.04 billion shares...
The Securities and Exchange Commission (SEC) has opened a new extension office in Laoag City, its 14th outside of Metro Manila, to strengthen its regulatory oversight and support economic growth in northern Philippines. The Commission officially inaugurated the SEC Laoag Extension Office (EO) on...
The Securities and Exchange Commission (SEC) announced the revocation of the corporate registration of Farm to Market (F2M) Agri-Farm OPC for soliciting investments from the public without the necessary license. In an order, the SEC Enforcement and Investor Protection Department (EIPD) revoked F2M...
The Philippine Stock Exchange (PSE) has revised its list of Shar'iah-compliant stocks, adding and removing companies to maintain ethical investment options for Muslim investors. The number of Shari'ah-compliant stocks listed on the local bourse has decreased to 53 as of Dec. 25, 2024, from 56 on...
