On condition for a reduced tariff rate proposal, the Clark Development Corporation (CDC) has finally agreed to give Clark Water Corporation (CWC) the notice to proceed with its compliance action plan (CAP). This, after the CWC, a subsidiary of Manila Water Company, Inc., agreed to CDC’s...
Local stocks dropped as investors preferred to hold on to cash during the weekend. The main index lost 45.15 points or 0.69 percent to close at 6,494.81 with the Property sector leading the retreat while the Mining and Oil counter advancing the most. Volume remained low with 6.77 billion shares...
Local share prices weakened as new COVID cases remain high while the death rate is rising. The main index shed 26.53 points or 0.41 percent to close at 6,518.64 with only the Financials counter inching up. A total of 2.43 billion shares worth P5.97 billion changed hands as losers beat gainers 120...
Philippine shares rose on the back of record performances of US bourses. PSE file photo The main index jumped 94.96 points or 1.46 percent to close at 6,590.11 as share prices rose across the board, led by the Holding Firms and Industrial counters. Volume remained tepid though at 2.41 billion...
The local stock market fell as investors cashed out ahead of the uncertainties that shroud the long weekend. Photo credit: PSE file. The main index dropped 102.46 points or 1.57 percent to close at 6,443.09 as share prices fell across the board. Volume improved but remained low at 2.4 billion...
Share prices continued to rise ahead of the Bangko Sentral policy meeting and on the arrival of more vaccines. Photo credit: PSE Information Desk The PSEi jumped 83.99 points or 1.29 percent to close at 6,581.00 although the Financials sector retreated slightly. Volume was low though at...
The local stock market rose despite a weak start as investors continued bargain hunting. The PSEi gained 50.66 points or 0.79 percent to close at 6,497.01 with only the Mining and Oil counter in the red. Photo credit: (https://www.pse.com.ph/) Volume surged to 9.27 billion shares worth...
The local stock market gained further as gains overseas prompted some investors to pick up bargains. The main index rose 51.18 points or 0.80 percent to close at 6,446.35 although the Industrial and Mining and Oil counters retreated. Volume dropped to 2.3 billion shares worth P5.04 billion as...
Residents of Sumalo, Bataan are again facing eviction after their municipal government sought to put a 200-hectare privately-owned property there under the Comprehensive Agrarian Reform Program (CARP). This is despite a Supreme Court (SC) ruling that says the property, owned by Riverforest...
The local stock market plunged almost 200 points after government tightened lockdown measures while US bourses also weakened. The PSEI fell 194.75 points or 2.94 percent to close at 6,436.10 as share fell across the board. Volume rose to 3.53 billion shares worth P10.41 billion as losers beat...
The local stock market moved further sideways as bulls and bears wait in the sidelines with their ears peeled for fresh cues. Photo credit: PSE Information Desk The main index eked out a gain of 7.75 points or 0.12 percent to close at 6,566.83 even thought the Property counter continued to...
The local stock market suffered a steeper fall as reality sets in on how bad the COVID-19 situation is being handled, raising fears of a reverting to more restrictions in the year-long lockdown. Photo credit: https://www.pse.com.ph The PSEi plunged 176.09 points or 2.62 percent to close at 6,552.46...
