Local stock market bulls will be looking at the start of the earnings season for more steam to continue its run after hitting a wall at the 7,400 to 7,500 as the weakening of the Peso together with offshore uncertainties weigh on sentiment. “With the local market still deemed to be attractive, we...
In an era of heightened consumer awareness, a wave of entrepreneurs is entering the market, often unaware of the potential pitfalls that could jeopardize their ventures. A key strategy for safeguarding the future of a small business is embracing sustainability. In a one-on-one interview with...
The local stock market ended the last trading day of the week with a slight uptick with investors looking forward to the start of the season for the release of third quarter earnings reports. The main index added 15.40 points or 0.21 percent to close at 7,415.73 with Miners leading the advance...
Local share prices dropped in afternoon trading as investors turn cautious amid global uncertainties after rising in the morning session due to the rate cut. The main index lost 36.67 points or 0.49 percent to settle at 7,400.33 as Conglomerates led the retreat while Banks managed to advance....
The relative strength or weakness of the Philippine peso would be a consideration for monetary authorities in determining the extent and pace of the ongoing policy easing cycle, economists said. Following the 25-basis point (bp) reduction in the policy rate to six percent on Wednesday, Oct. 16,...
The local stock market surged on expectations of another rate cut by the Monetary Board later this week. The main index rallied by 129.90 points or 1.77 percent to close at 7,456.31 as the Property sector led the charge although Miners declined due to lower gold prices. Volume was higher at 553...
The Securities and Exchange Commission (SEC) is the first public sector recipient of the People Investor of the Year-Special Citation Award from the Investors in People (IiP) Philippines for its commitment to investing in its employees. The award highlights the Commission’s exceptional efforts to...
The PSEi inched up on some bargain-hunting after last week’s correction and as investors wait for market moving news to be released later this week. The main index added 16.09 points or 0.22 percent to close at 7,326.41 as Miners led the advance with only the Services counter in the red. Volume...
Lucio Co-led Philippine Bank of Communications (PBCOM) has launched its maiden peso bond (Series A bonds) public offering with an initial size of P2 billion with an option to upsize. In a disclosure to the Philippine Stock Exchange, the bank said its Series A Bonds, to be issued under PBCOM’s P15...
Local stocks will be taking cues from the central bank’s policy meeting but the start of the week may see some bargain-hunting after the market pulled back last week following a rally that lasted five straight weeks. “Trading has toned down as seen in the thinning value turnover and foreigners...
SFA Semicon Philippines Corporation (SSP) has asked the Philippine Stock Exchange (PSE) to suspend the trading of its shares from 9:00 am on Oct. 14 to 9:00 am of Oct. 15, 2024 to give the investing public time to absorb information related to the approval of its planned delisting. The firm...
The Securities and Exchange Commission (SEC) and the Department of Education (DepEd) are aiming to boost investor education and promote financial literacy among students and teachers. The SEC said in a statement that this partnership is in line with the commission’s efforts to protect more...
