The local stock market is seen to continue to be weighed down by concerns over the COVID-19 pandemic although upcoming annual stockholders’ meeting may also influence investors depending on the tone they set. “Next week, we still see a downward bias for the local market as pandemic worries are...
The Philippine stock market is seen to weaken further this short trading week as COVD-19 cases continue to surge, sparking talks of the imposition of even more stringent lockdown measures—the government’s main tool in trying to keep infections down. “The local market may decline next week as...
D&L Industries Inc., the country’s largest specialty foods ingredients, plastics and oleochemicals firm, is planning to raise up to P5 billion from its first bond offering to fund its P8 billion capacity expansion program. In a disclosure to the Philippine Stock Exchange, D&L said...
D&L Industries, the country’s largest specialty foods ingredients, plastics and oleochemicals firm, reported full recovery in the fourth quarter of 2020 and expects earnings to return to pre-COVID levels this year In a media briefing, D&L President Alvin D. Lao said “recovery...
The local stock market is seen to trade with a downward bias this week even as investors await the release later in the week of the gross domestic product figure for the fourth quarter of 2020. “The local market’s bias is still seen to be tilted to the downside amid waning optimism and...
D&L Industries Inc., the country’s largest specialty foods ingredients, plastics and oleochemicals firm, is expecting its earnings in to exceed P1 billion in the second half of the year to over P1 billion from the earlier targeted P900 million to P1 billion. D&L President and...
