The Philippine Stock Exchange Index (PSEi) slipped 0.28 percent following a confluence of weak economic reports and a cut to the country 's growth forecast. The main index shed 16.70 points to close at 5,959.94 on Wednesday, Dec. 10. Sectoral indices were evenly mixed for the session. A total...
While some optimism injected life into the local stock market last week, stocks remain undervalued, with no major economic news expected this week to serve as a catalyst to sustain the recovery. “The local market has shown signs of life last week, bouncing strongly on the back of positive...
It’s all systems go for the initial public offering (IPO) of Maynilad Water Services Inc., which is tagged to be the biggest stock offering in the last four years. Amidst the continuing political drama surrounding the floodgate mess, there is no stopping Maynilad’s IPO, especially with...
GCash, the country’s largest mobile wallet, is moving to democratize access to stock market debuts by integrating the fully digital Initial Public Offering (IPO) subscription feature within its GStocks PH platform. In a statement on Wednesday, Oct. 22, GCash said the move, in partnership with...
The Energy Regulatory Commission (ERC) has eased share listing deadlines and requirements for power generation companies amid widespread difficulty among smaller firms in meeting a decades-old public offering mandate (POR). In a briefing, ERC Chairperson Francis Saturnino Juan said the commission...
The debate continues on the extent of the damage the flood control mess has inflicted on the market value of listed companies, with estimates of the loss ranging from a low of ₱185 billion to a high of ₱5 trillion. Admittedly, regardless of the exact figure, the anomalies plaguing the...
The initial public offering of Maynilad Water Services Inc. is expected to proceed this month after the firm has secured commitments from cornerstone investors who will take up over half of the offered shares. On the sidelines of the 57th Finex Annual Conference, Maynilad Chairman Manuel V....
In June 2025, a draft simulation from the Philippine Stock Exchange (PSE) was leaked, revealing how new guidelines could impact the composition of the Philippine Stock Exchange Index (PSEi). The leaked document suggested that San Miguel Corp. and China Banking Corp. could be removed from the PSEi,...
The Philippine Stock Exchange index (PSEi) continued its decline as investors engaged in profit-taking while anticipating news on the benchmark index 's recomposition and the President’s State of the Nation Address (SONA). “The PSEi declined, primarily driven by profit-taking from...
Market sentiment is showing certain signs of improvement, an emerging consensus among the biggest players. Amidst growing geopolitical tensions, the outlook remains positive, with the domestic bourse gradually becoming “more conducive” to initial public offerings (IPOs). Mobile wallet service...
The Philippine Stock Exchange, Inc. (PSE) has re-elected the company’s board of directors at its annual stockholders’ meeting on Saturday, July 12, ensuring the continuity of ongoing reforms and initiatives aimed at attracting more listings and enhancing capital market liquidity. The...
The Philippine Stock Exchange is seeking input from select market players on proposed changes to the criteria for inclusion in the bourse’s benchmark and other indices, but a leak resulted in a plunge in the share price of China Banking Corporation. The proposal sent to some fund managers as well...
