Sy-led SM Investments Corp. and its property arm, SM Prime Holdings Inc., are poised for substantial financial windfall starting in 2027 as they unlock value from a long-dormant premium estate south of Manila. According to Abacus Securities Corp., the joint development of the 284-hectare Susana...
Despite an upbeat start in January, capital market observers agree that 2025 was a disappointing year for the Philippine Stock Exchange (PSE) as the local bourse underperformed significantly while its regional peers rallied. The PSE index closed the final trading day of 2025 at 6,052.92 points,...
Investors are expected to favor cash positions this week following a selloff on Dec. 19, as caution prevails ahead of the Christmas and New Year holidays. While window-dressing activities could provide a temporary lift for select Philippine Stock Exchange index (PSEi) members, the broader outlook...
The Bangko Sentral ng Pilipinas (BSP) order for e-wallets to sever links with online gaming applications has weighed on the earnings of both gaming companies and the e-wallet platforms themselves. Unicapital Securities Inc. Research Analyst Peter Louise D. Garnace said the unlinking of online...
The local stock market is poised to gain momentum this week, driven by expected rate cuts from the United States (U.S.) Federal Reserve and the Bangko Sentral ng Pilipinas (BSP), alongside influential domestic labor and foreign investment data. Philstocks Financial Research Manager Japhet...
The Securities and Exchange Commission (SEC) is poised to ease the minimum public ownership (MPO) requirement for initial public offerings (IPOs), a move that could clear a major hurdle for the long-anticipated market debut of Globe Fintech Innovations Inc. (Mynt), the operator of e-wallet GCash....
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...
Stock market investors will focus on a data-heavy week, with trading cues centered on the release of inflation and economic growth figures and the highly anticipated listing of Maynilad Water Services Inc. shares following its massive initial public offering (IPO). However, Philstocks Financial...
Stock market investors this week will be looking for cues from the United States Federal Reserve (US Fed) meeting, which is expected to lead to a rate cut. On the domestic front, investors will be drawing inspiration from the earnings reports of two Philippine Stock Exchange index (PSEi)...
The local stock market will look for positive cues from early corporate earnings reporters this week, typically starting with banks, even as sentiment remains dampened by a public works corruption scandal. “Rate cuts alone won’t reignite growth. Without stronger governance, swift resolution of...
Securities and Exchange Commission (SEC) Chairman Francis E. Lim expressed regret over his claim that the local stock market lost ₱1.7 trillion in market capitalization due to the corruption scandal, which turned out to be fictitious. “The information, which had been circulating within business...
IPO-bound Maynilad Water Services Inc. is planning to expand its operations in Mega Manila, including the Harbor City reclamation area in Pasay, as well as in Bulacan and Cavite. During the firm’s initial public offering roadshow for domestic market players, Maynilad stated that it is looking to...
