Ayala-owned AC Energy Philippines (ACEN) has executed a new subscription agreement with subsidiary Ingrid Power Holdings Inc. for the parent firm to purchase specified number of shares; then the proceeds of that transaction will bankroll the first phase of the latter’s 300-megawatt Pililla...
Rockwell Land Corporation is developing a 3.6-hectare mixed-use community in Angeles, Pampanga which will include a P6.7 billion luxury residential project with a mall component. In a disclosure to the Philippine Stock Exchange, Rockwell Land said the project will be developed through a partnership...
PH Resorts Group Holdings, Inc., the gaming firm controlled by Dennis A. Uy, is asking for a voluntary trading halt of its shares while its follow-on offering is ongoing. In a letter to the Philippine Stock Exchange, the firm said it is requesting for a trading half of 10 trading days or from...
The local stock market followed through on the previous day’s rally as investors are upbeat over government moves to open up the economy further. Traders work beneath an electronic ticker on the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC) Metro Manila, the...
The local stock market surged on news that government is easing quarantine measures to boost the economy. Traders work beneath an electronic ticker on the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC) Metro Manila, the Philippines. (Bloomberg FILE PHOTO) The main...
The Philippine Stock Exchange index ended the week lower as investors worry over the impact of the pandemic on the global economy. The main index lost 39.86 points or 0.67 percent to close at 5,898.47 with index stocks leading the decline while small caps and second liners did better. ...
The local stock market chalked up a small gain yesterday as most investors are still sitting in the sidelines. The Philippine Stock Exchange index (PSEi) gained 13.03 points, or 0.22 percent, to close at 5,938.33 with the Industrial and Services counters retreating. Volume fell to 1.18 million...
The Philippine stock market ended the week yesterday higher on continued bargain hunting. The Philippine Stock Exchange index (PSEi) gained 54.53 points, or 0.92 percent, to close at 5,999.40 as all sectors advanced. However, volume was lower at 1.47 billion shares worth P4.91 billion with gainers...
The local stock market posted a small gain yesterday on quarter-end window-dressing. The Philippine Stock Exchange index (PSEi) added 22.63 points, or 0.39 percent, to close at 5,864.23 although the Financials and Industrial counters retreated. Volume remained weak at 1.07 billion shares worth...
The Philippine Stock Exchange, Inc. (PSE) is revising its Main and Small, Medium and Emerging (SME) Board initial public offering (IPO) Listing Rules in a bid to attract more companies to list in the local bourse. “We reviewed our listing rules alongside the listing rules of our peer exchanges....
The local stock market was flat again Wednesday as investors lack reason to aggressively buy or sell stocks amid so much uncertainty. The Philippine Stock Exchange index (PSEi) shed 1.56 points ,or 0.03 percent, to end at 5,892.72 with only the Industrial and Holding Firms counters in the...
The local stock market is seen to continue to consolidate this week due to the absence of any market moving news. “So far, confidence towards the local market remains low due to the lack of an impetus that could boost appetite amid the lingering uncertainties in our economy and in our COVID-19...
