Trading at the Philippine Stock Exchange (PSE) will continue even during the imposition of the enhanced community quarantine starting August 6, 2021. In a message, PSE Chief Operating Officer and Senior Vice President Roel A. Refran said that, during the ECQ, “we will have the same trading...
The board of directors of listed firm Aboitiz Power Corporation has approved last week the prepayment of P3.4 billion worth of fixed-rate retail bonds to be enforced September this year. In a disclosure to the Philippine Stock Exchange (PSE), the company noted that it will be “using its existing...
This week, the Philippine stock market will be looking for cues from corporate earnings reports and government announcement of inflation and employment data but these will be weighed down by the imposition of a lockdown amid the coming Chinese ghost month. “The local market is still seen to move...
This week, the local stock market is seen to continue being weighed down by fears of a fresh surge in COVID-19 cases as government reports more new cases of the more contagious Delta variant. “The local market may still move with a downward bias as Delta variant worries are seen to remain,”...
The local stock market is seen to be weighed down by concerns over the local transmission of the more infectious Delta variant of the SARS-COV2 coronavirus and fear of another surge in new cases. “The worries caused by the detection of COVID-19 cases with a locally transmitted Delta variant may...
The local stock market is not seen to make a big bounce from last week’s fall due to rising concerns over the spread of the COVID-19 Delta variant while oil prices continue to go up. “While this week’s decline provides bargain hunting opportunities, we still see a downward bias for the local...
Leading oil firm Petron Corporation will be issuing P50 billion worth of peso-denominated fixed rate bonds – and the initial tranche to be offered to the public will be P18 billion. In a disclosure to the Philippine Stock Exchange (PSE), the oil company emphasized that it will slate P50 billion...
The local stock market ended the week on a positive note Friday, (July 2), breaching the psychological 7,000 resistance level, as investors continue to chew on upbeat labor and production data. The Philippine Stock Exchange index (PSEi) added 38.25 points, or 0.55 percent, to close at...
Businessmen in the country mourn the passing of former President Benigno S. Aquino III, whose administration they described as a reign of fiscal stability and good governance. The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization in the country,...
Stock trading is seen to be influenced further by updates on the country’s COVID numbers and progress in its vaccination program while all eyes and ears will be on the Bangko Sentral as the Monetary Board meets later this week “As of last Friday, the local market is up by 11.29 percent from its...
The Taguig City government has already administered 210,724 first and second doses of the coronavirus disease (COVID-19) vaccine. On Friday, the Taguig Vaccination Bus went to the Philippine Stock Exchange (PSE) in Bonifacio Global City and inoculated 130 employees who belong to the A4 priority...
The Philippine Stock Exchange Inc. reported that its net income tripled in the first quarter of 2021 to P151.5 million from the P50.62 million it earned in the same period last year. In a disclosure, the bourse said the surge in profits is largely brought about by the 31.49 percent or P92.8 million...
