SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 38 percent growth in consolidated net income to P30.1 billion last year from P21.8 billion in 2021. In a disclosure to the Philippine Stock Exchange, the firm said the improvement is supported by...
The local stock market fell below the 6,800 support level on renewed concerns over inflation and interest rates. The main index lost 36.89 points or 0.54 percent to close at 6,779.02 as the Property sector led the retreat although the Services and Mining counters managed to advance. Volume was low...
The local stock market ended slightly lower after investors sold down shares just before closing. The main index shed 6.18 points or 0.09 percent to close at 6,815.91 witj sectoral indices evenly split. Volume jumped to 1.2 billion shares worth P12.23 billion as losers beat gainers 102 to 80 with...
The local equities market recovered some lost ground as investors started to pick up stocks that have become cheaper in the last two days. The main index added 30.85 points or 0.45 percent to close at 6,822.09 as the Property sector led the advance while the Services and Mining counters continued...
The local stock market continued to lose ground as investors expect a rate hike by the central bank. The main index dropped 47.52 points or 0.69 percent to close at 6,791.24 as the rate-sensitive Property sector led all sub-indices down. Volume improved to 969 million shares worth P7.37 billion as...
It is rational to have high standards for the things that matter the most – especially if it’s your home. Naturally, you would want only the best – be it in terms of location, amenities, or the lifestyle it offers. When you find the one that ticks all the boxes, though, saying yes becomes...
Local share prices started the week lower as investors wait for the Bangko Sentral’s rate-setting meeting on Thursday. The main index dropped 38.93 points or 0.55 percent to close at 6,838.76 with sectoral indices evenly split but weighed down by losses of Conglomerates. A total of 1 billion...
The local stock market bounced from the previous day’s drop as funds adjusted their portfolio after the MSCI rebalancing. The main index added 34.0 points or 0.50 percent to close at 6,876.79 as the Industrial sector led the advance while the Services counter retreated. Volume amounted to 824...
Local share prices dropped again on concern over inflation and the possibility of more interest rate hikes by the US Federal Reserve and the Bangko Sentral ng Pilipinas. The main index fell by 80.29 points or 1.16 percent to close at 6,842.79 with the Industrial sector leading the retreat. Volume...
The local stock market regained some lost ground as investors were cheered by higher US stocks after the Fed cited lower consumer prices. The main index rose by 41.82 points or 0.61 percent to close at 6,923.08 as the Mining and Oil sector led the advance while Conglomerates lagged behind. Volume...
Local share prices dropped further after the government announced a higher-than-expected inflation rate for January. The main index lost 55.35 points or 0.80 percent to close at 6,881.26 with the Services sector seeing the biggest drop while Conglomerates and Miners managed to advance. Volume...
Local share prices fell ahead of the release of the January inflation report and amid concern over further US rate hikes. The main index dropped 90.77 points or 1.29 percent to close at 6,936.61 with the Services sector leasing the retreat across the board. Volume was a hefty 1.24 billion shares...
