Philippine equities are expected to trade in a narrow range during a holiday-shortened week, with investors weighing the impact of delayed national budget against the prospect of long-term recovery in 2026. Trading volume will likely remain subdued with only two active sessions on the...
Local stocks extended their climb on Thursday, Dec. 26, as investors gingerly repositioned portfolios for the coming year, though a lack of fresh catalysts and the holiday lull kept trading activity subdued. The Philippine Stock Exchange index gained 23.73 points, or 0.39 percent, to finish at...
State prosecutors will file criminal charges against Align Assets and its executives for allegedly orchestrating an unlicensed investment scheme that promised outsized returns through cryptocurrency trading, the Securities and Exchange Commission (SEC) said. The Department of Justice (DOJ) issued a...
Local stocks were little changed on Tuesday, Dec. 23, as trading volumes dried up ahead of the year-end holidays, with marginal gains in the mining sector offsetting retreat in service and industrial shares. The Philippine Stock Exchange index (PSEi) edged up 0.65 points, or 0.01 percent, to finish...
The Securities and Exchange Commission (SEC) is tightening its oversight of corporate transparency with new disclosure mandates designed to strip away the anonymity of company owners and curb financial crimes. The regulator issued Memorandum Circular No. 15 on Dec. 22, establishing the Beneficial...
State-run Land Bank of the Philippines (Landbank) has agreed to sell its 2.15-percent stake in Philippine Dealing System Holdings Corp. (PDSHC) to the Philippine Stock Exchange (PSE), allowing the bourse to increase its stake to 80.48 percent. The PSE disclosed that it has entered into a share...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Monday, Dec. 22, and recovered last Friday’s lost ground on the back of bargain-hunting and some window-dressing for the year’s end. The main index jumped by 120.39 points, or 2.03 percent, to close at 6,041.26, with the advance...
Investors are expected to favor cash positions this week following a selloff on Dec. 19, as caution prevails ahead of the Christmas and New Year holidays. While window-dressing activities could provide a temporary lift for select Philippine Stock Exchange index (PSEi) members, the broader outlook...
The Philippine benchmark index retreated on Thursday, Dec. 18, as investors locked in gains while awaiting crucial United States (US) inflation data for cues on the Federal Reserve’s interest rate path. The Philippine Stock Exchange Index dropped 47.54 points, or 0.78 percent, to close at...
The Securities and Exchange Commission (SEC) is proposing new rules that would force capital market participants to establish individual cyber resilience frameworks, part of a broader push to protect investors and ensure market stability. The SEC on Dec. 17 released a draft memorandum circular...
The Securities and Exchange Commission (SEC) approved the registration of rental pool agreements for two units of Cebu Landmasters Inc., allowing the Visayas-Mindanao property developer to offer investment contracts for its serviced residence projects. The commission en banc on Dec. 16 rendered...
Philippine stocks climbed as a stronger peso and a retreat in crude oil prices spurred bargain hunting following a brief bout of profit-taking. The Philippine Stock Exchange index advanced 23.34 points, or 0.39 percent, to end at 6,079.02 on Wednesday, Dec. 17. While the services sector led the...
