The local stock market closed slightly lower as some investors locked in gains made during the week. The main index shed 8.92 points or 0.13 percent to close at 6,873.23 with sectoral indices evenly divided. Volume was low at 1.48 billion shares worth P4.58 billion as gainers edged out losers 85 to...
The Philippine Stock Exchange (PSE) announced that it will open Volume Weighted Average Price (VWAP) trading on March 1, 2024 after receiving the green light from the Securities and Exchange Commission (SEC). A VWAP trade is a pre-arranged transaction executed at the volume weighted average price...
The Securities and Exchange Commission (SEC) has issued a warning against investing in Tonik-Shop for allegedly engaging in the unauthorized solicitation of investments without the necessary license from the SEC. In its latest advisory to the public, the SEC said Tonik-Shop is engaged in a scheme...
The local stock market moved up on the back of higher US equities while investors were optimistic about the result of the central bank’s Monetary Board policy meeting. The PSEi added 27.62 points or 0.40 percent to close at 6,882.15 as Industrials led the advance while the Property sector was the...
The local stock market ended slightly higher despite a weak start as investors wait for results of the Bangko Sentral ng Pilipinas (BSP) policy meeting. The main index added 26.61 points or 0.39 percent to close at 6,854.53 with the Industrial sector posting the highest gain while the...
The Securities and Exchange Commission (SEC) has advised the public against dealing with Reveal Beauty and Wellness Digital Marketing, and Camacho Packaging Supplies OPC as they are soliciting investments without the necessary license from SEC. In an advisory, the SEC said Reveal is engaged in an...
The local stock market recovered the previous day’s loss as investor sentiment got a boost from the higher foreign direct investments data for November. The main index added 20.10 points or 0.30 percent to close at 6,872.92 as Industrials led the advance. Volume improved a bit to 557 million...
Investors took profits from the local stock market after last week’s rally while waiting for a fresh batch of Philippine and US economic news. The main index dropped 42.34 points or 0.62 percent to close at 6,807.82 as the Property sector led the decline with only the Services counter...
The Securities and Exchange Commission (SEC) has been accredited by the London-based standard-setting organization Investors in People (IiP) in recognition of its high-level practices in promoting the welfare of its employees. The accreditation makes the SEC the first in the government financial...
The local stock market will be looking for cues from fresh corporate earnings reports and the US inflation data this week, even as some profit-taking is expected after the recent rally fueled by the low inflation rate and expectations of rate cuts later this year. “The local market continues to...
The Securities and Exchange Commission (SEC) is warning the investing public against dealing with America Mall-PH and Robinson Company due to their unauthorized solicitation of investments without the necessary license. The SEC issued advisories against the two firms that are enticing the public to...
Finance Secretary Ralph G. Recto has cited the Securities and Exchange Commission (SEC) for heeding the administration’s call for digitalization and urged public leaders to follow suit to improve the ease of doing business and ensure prompt delivery of services. In a speech delivered on his...
