The PSEi resumed its downward trend after a short respite as investors continue to worry about the local and global economies. However, the main index managed to recover most of its early losses and ended with only 11.03 points lower or 0.16 percent to close at 6,758.59 as the Services sector led...
Lopez Holdings Corporation will hold its Annual Stockholders’ Meeting online on Thursday, July 14, 2022. Due to public health concerns, stockholders may participate through remote communication, and cast their votes only through online casting of votes/proxies. Please be advised that the annual...
The local stock market inched up some more as investors picked up bargains amid an improvement in global markets. The main index added 15.61 points or 0.23 percent to close at 6,769.62 as sectoral indices were evenly mixed. Volume remained thin at 745 million shares worth P5.37 billion as gainers...
Rizal Commercial Banking Corp. (RCBC) is offering special rates and exclusive discounts on auto and home loans for a month, starting May 23 until June 24, 2022. To kickstart this month-long offering, select RCBC branches will hold car displays and developer booths and will give away special gifts,...
The local stock market bounced on Wall Street’s lead despite the announcement that inflation rate rose further in May. The main index rose 37.13 points or 0.55 percent to close at 6,754.01 as the Mining and Oil sector led all counters in the advance. Volume remained weak though at 877 million...
The local stock market started the week lower as investors continue to worry about inflation and interest rates. The main index shed 24.52 points or 0.36 percent to close at 6,716.88 as only the Property counter advancing while the Mining and Oil sector led the retreat. A total of 1.88 billion...
Renewable energy producer Raslag Corporation has successfully listed its shares are the Philippine Stock Exchange following its P700 million initial public offering. Raslag shares opened at its high of P2.48 per share before slowly declining to its closing price of P2.05 per share, 2.5 percent...
Sentiment at the local stock market may be weighed down this week by another round of substantial hikes in fuel prices and investors will also be watching out for the government’s report on the inflation rate last month. “Next week, the local market is seen to have a downward bias given the...
Megaworld Corporation is increasing its planned capital expenditures by 39 percent this year to P50 billion as it banks on improved mobility and a more revitalized economy this year. In a statement, the firm said around 75 percent of this year’s budget will be spent for real estate developments,...
The local stock market closed higher after a weak start as investors started picking up bargains before the week ended. The main index rose 54.57 points or 0.82 percent to close at 6,741.40 as the Mining and Oil sector led in the advance across the board. However, volume dropped further to 1.09...
Balanga Bishop Ruperto C. Santos reiterated the stand of his diocese opposing the revival of the Bataan Nuclear Power Plant (BNPP) to help address the power shortage in the country. Bishop Ruperto C. Santos (Manila Bulletin file) “Our pastoral statement of rejecting and saying ‘no’ to the...
