The Villar Group reported that its dedication to good corporate governance has earned recognition and awards from the esteemed Institute of Corporate Directors (ICD). In a statement, the group said its listed companies, including Vista Land & Lifescapes, Inc. (Vista Land), AllDay Marts,...
Local share prices plunged after the government reported that consumer prices surged in September. The main index fell 119.60 points or 1.90 percent to close at 6,178.60 as the Property sector led all sub indices in their retreat. A total of 676 million shares worth P5.43 billion changed...
The PSEi managed to eke out a marginal gain after bargain hunters lifted it out of negative territory. The main index inched up by 1.46 points or 0.02 percent to close at 6,305.99 with sectoral indices evenly divided. Volume improved to 856 million shares worth P5.94 billion as losers...
The local stock market ended its six-day rally and finally gave way to profit-taking on the last trading day of the week, month, and end of the third quarter. The main index fell by 64.28 points or 1.01 percent to close at 6,321.24 as the Services sector led the retreat although Miners managed to...
The PSEi rose again as the removal of Metro Pacific Investments Corp. (MPIC) and Aboitiz Power Corp. (AboitizPower) from the benchmark boosted trading in other stocks although profit taking tapered gains. The main index added 10.84 points or 0.17 percent to close at 6,385.52 although sectoral...
Tycoon Fernando Zobel de Ayala has returned to AC Healthcare as its chairman as he continues to increase his phased return to senior positions of governance in the Ayala Group after previously stepping back due to undisclosed health reasons. In a statement, Ayala Corporation said Zobel was...
The local stock market continues to recover lost ground as funds rebalance their portfolios while some investors buy up cheaper stocks. The main index rose 30.05 points or 0.49 percent to close at 6,172.84 with the advance led by Conglomerates although Miners were left behind. Volume jumped...
This week, the local stock market is seen to be swayed by quarter’s end window dressing, the changes in the stock exchange indices, and the confidence survey results recently released by the Bangko Sentral ng PIlipinas (BSP). “The local market was able to post gains last week amid a rebound...
DAVAO CITY – More than 2,000 fisherfolk received rice and cash assistance from Rep. Paolo “Pulong” Duterte here on Monday and Tuesday. Duterte’s son, Rodrigo II, led the distribution to beneficiaries from Barangays 21-C, 22-C, and 23-C at the Davao Coastal Road. REP. Paolo Duterte,...
The local stock benchmark fell below 6,100 to its lowest level in more than a year as investors worry over interest rates amid rising inflation. The main index plunged 76.60 points or 1.25 percent to close at 6,047.97 with the rate-sensitive Property sector leading the retreat...
DAVAO CITY – Davao City Rep. Paolo “Pulong” Duterte, represented by his son, Rodrigo “Rigo” Duterte II, turned over on September 13, Wednesday afternoon, various infrastructures to Barangay Langub in Ma-a District here. REP. Duterte (Congress photo) Barangay Langub Chairman Leilani...
The local stock market fell to a one-year low as investors exercise caution before the release of US inflation data. The main index plunged 81.02 points or 1.30 percent to close at 6,149.18 as Conglomerates registered the biggest drop while the Mining and Oil sector stayed in the green....
