The PSEi fell below the 7,300 level as investors cash out before the long weekend when another typhoon is expected to hit the country. The main index index plunged by 103.26 points or 1.41 percent to close at 7,239.98 with the Property counter suffering the biggest loss. Volume rose to 566 million...
The Philippine Stock Exchange Index (PSEi) ended in the green in volatile trading as investors digested fresh earnings reports while anticipating the release of more US and Philippine economic data. The main index rose by 29.01 points or 0.40 percent to close at 7,343.24 with all sectoral indices...
The Securities and Exchange Commission (SEC) has committed to ensure the sustainability of reforms it started that paved the way for the Philippines’ imminent exit from the “gray list” of the global anti-money laundering watchdog Financial Action Task Force (FATF). In a landmark...
During this shorter trading week, investors are seen to pick up some bargains after local share prices fell last week due to the damage caused by the typhoon and its expected impact on the economy. “The local market is having a hard time getting past the 7,400 - 7,500 resistance range as the...
The Securities and Exchange Commission (SEC) aims to enhance the submission of sustainability reports by publicly listed companies (PLCs) through a partnership with climate data and analytics software company, Komunidad Global Services & Operations Philippines Inc. The SEC, through the...
The local stock market managed to end the last trading day of the week on a positive note as the typhoon leaves the Philippines. The main index added 30.44 points or 0.42 percent to close at 7,314.23 with Banks leading the advance while the Property and Industrial sectors remained in the red....
The PSEi fell, weighed down by losses in the US amid economic uncertainties and rising Treasury yields. The main index dropped 83.87 points or 1.14 percent to close at 7,283.79 with Banks leading the retreat. Volume slipped to 776 million shares worth P3.8 billion as losers swept gainers 139 to 53...
The local stock market dropped with Wall Street and as investors worry over the impact of the typhoon. The PSEi lost 45.5 points or 0.61 percent to close at 7,367.66 as the Services sector led the retreat while Miners and Conglomerates advanced. Volume declined to 1.2 billion shares worth...
The Philippine Stock Exchange (PSE) is planning to launch two new product offerings in the next two years, the Global Philippine Depository Receipts (GPDRs) and derivatives such as index futures. PSE President Ramon S. Monzon said GPDRs are peso-denominated instruments that represent an economic...
The local stock market continues to move sideways as investors wait for third quarter earnings reports. The main index eked out a gain of 6.53 points or 0.09 percent to close at 7,413.16 as Services and Industrials advanced, but more sectors were in the red. Volume improved to 916 million shares...
The local stock market dipped on thin trading as investors wait for fresh corporate earnings reports to come out. The main index shed 9.1 points or 0.12 percent to close at 7,406.63 with sectoral indices evenly mixed. Volume was weak at 638 million shares worth P3.3 billion as losers outnumbered...
A new transportation hub, set to rival the scale of the Parañaque Integrated Terminal Exchange (PITX), is in the works in Quezon City, the Government Service Insurance System (GSIS) announced. In a statement, the pension fund said on Monday, Oct. 21, that four government agencies have joined...
