The Philippine Stock Exchange Index (PSEi) rose further as investors picked up cheaper stocks following the end of the United States government shutdown and speculation of a possible rate cut. The main index added 12.97 points, or 0.23 percent, to close at 5,726.99 on Thursday, Nov. 13. Miners and...
Cosco Capital Inc., tycoon Lucio L. Co’s retail holding firm, posted a 6.6-percent improvement in consolidated net income to ₱10.7 billion for the first nine months of 2025, up from ₱10 billion in the same period last year, as all its businesses grew with the economy. In a disclosure to the...
Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Dr. Andrew L. Tan, reported a robust 24-percent year-on-year growth in net income in the first nine months of 2025 to ₱24.8 billion, boosted by a one-time gain and strength of its core businesses. In a disclosure to the Philippine...
The Philippine Stock Exchange Index (PSEi) extended its downward spiral, as mixed corporate results failed to lift investor sentiment. On Tuesday, Nov. 11, the main index fell 73.57 points, or 1.29 percent, to close at 5,629.07. The decline was led by the Banks sector, while Services bucked the...
The Philippine Stock Exchange Index (PSEi) continued its decline following last week’s slower economic growth data, coupled with concerns over the impact of the recent twin super typhoons. The main index shed 56.73 points, or 0.99 percent, to close at 5,702.64 on Monday. Nov. 10. The Services and...
Maynilad Water Services Inc.’s initial public offering (IPO) failed to buoy the market as the Philippine Stock Exchange index (PSEi) plunged to its lowest level in almost five years on Friday, Nov. 7, after the economy grew at a slower-than-expected pace. The benchmark index fell by 76.22 points,...
The Philippine Stock Exchange Index (PSEi) rose, recouping losses in thin trading as positive corporate earnings buoyed sentiment. The main index gained 17.53 points, or 0.30 percent, to close at 5,835.59 on Thursday, Nov. 6. Miners led the advance while the Industrial sector lagged. Volume was...
The Philippine Stock Exchange index (PSEi) continued its slide, dropping 48.98 points or 0.83 percent to close at 5,818.06 on Wednesday, Nov. 5, driven by persistent investor anxiety that the third-quarter economic growth will fall short of the government’s target. The main index’s retreat...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, is optimistic that 2026 will be a better year for its business even as it continues to target a 10-percent profit growth for 2025. “From what we see, interest rates are coming down—not just in the...
The Philippine Stock Exchange index (PSEi) crashed to its lowest level in three years, wiping out gains amid a market-wide panic triggered by persistent inflation fears and weaker-than-expected economic performance. The main index fell by 101.62 points, or 1.71 percent, closing the session at...
BACOLOD CITY – AdventEnergy, the retail electricity supply arm of Aboitiz Power Corp., will provide L’ Fisher Hotel with 673 kilowatts of reliable energy supply and energy performance assessment services designed to optimize its operations. This is AdventEnergy’s first entry into the Western...
The local stock market improved on Wednesday, Oct. 29, after the peso strengthened while expectations of a United States Federal Reserve (US Fed) rate cut also boosted sentiment. The main index added 10.61 points, or 0.18 percent, to close at 5,963.77. Miners led the advance, while property and...
