The Philippine Stock Exchange Index (PSEi) corrected on Monday, Dec. 1, with investors booking gains after the country’s manufacturing index fell. The main index dropped 32.95 points, or 0.55 percent, to close at 5,989.29. Conglomerates led the retreat, even as the Services and Mining sectors...
The Securities and Exchange Commission (SEC) reported 43,185 new corporate registrations as of the end of October, reflecting sustained entrepreneurial activity despite a slight dip from the previous year. According to the SEC, the figure is 5.4 percent lower than the 45,624 registrations recorded...
Investors in the local stock market hope that share prices will sustain last week’s gains as the government is set to announce the November inflation rate this week, which could support a rate cut by the Bangko Sentral ng Pilipinas (BSP). “Whilst hard fought, positive sentiment still took over...
The Philippine Stock Exchange index (PSEi) on Friday, Nov. 28, more than recovered the previous day’s losses as the market took confidence from global debt watcher S&P’s affirmation of the country’s investment-grade credit rating. The main index rose by 53.11 points, or 0.89 percent, to close...
Philippine stocks failed to hold the key 6,000-level on Thursday, Nov/ 27, as investors immediately took profit from the previous session’s advance, pulling the main index lower. The Philippine Stock Exchange Index (PSEi) dropped 35.57 points, or 0.59 percent, to close at 5,969.13. Banks led the...
The Securities and Exchange Commission (SEC) is giving entrepreneurs an online platform that allows them to simulate the company registration process as part of efforts to make it easier to do business in the country. The Commission said it has launched Company Registration Simulation, a feature...
The Securities and Exchange Commission (SEC) has approved 16 rental pool deals of Sta. Lucia Land Inc. (SLI), processed under the streamlined guidelines for Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT). The Commission En Banc, in a meeting on Nov. 25, resolved...
GCash reported robust uptake for recent stock offerings made available to small investors via its GStocks PH platform, citing oversubscriptions for both the Maynilad Water Services Inc. initial public offering (IPO) and the preferred share sale of Megawide Corp. “Filipinos are increasingly...
The Philippine Stock Exchange Index (PSEi) resumed its upward climb on Wednesday, Nov. 26, after a brief pause yesterday, boosted by a firmer peso and the government’s announcement of a budget surplus. The main index gained 28.53 points, or 0.48 percent, to close at 6,004.70. Property and Banks...
The Philippine Stock Exchange Index (PSEi) fell, as investors locked in gains from the recent rally following a cut to economic growth forecasts. The main index shed 45.42 points, or 0.75 percent, closing at 5,976.17 on Tuesday, Nov. 25. The Property sector led the retreat, while Miners and Banks...
The Securities and Exchange Commission (SEC) has approved the planned ₱5-billion sustainability-linked bond offering of Cebu Landmasters Inc., representing the third and last tranche of securities registered under its shelf registration of ₱15-billion debt securities program. In a disclosure to...
The Philippine Securities and Exchange Commission (SEC) has partnered with the Securities and Exchange Regulator of Cambodia (SERC) to collaborate on developing their respective capital markets. The two agencies signed a memorandum of understanding (MoU) in Kuala Lumpur, Malaysia, earlier this...
