Stock investors are expected to take cues from the release of a slew of data this week, which includes the Philippines’ budget and trade balance numbers as well as US gross domestic product and jobless claims. Rizal Commercial Banking Corporation Chief Economist Michael L. Ricafort said upcoming...
Maynilad Water Services Inc., which is planning a ₱49-billion initial public offering (IPO), is estimated to be worth at least ₱94.29 billion and as much as ₱175.98 billion—translating to a share price of ₱12.70 to ₱23.70 per share. In a company primer, Unicapital Securities Inc....
Century Pacific Foods Inc. (CNPF), one of the leading food companies in the Philippines, reported growth for all its product lines, except for tuna exports, as easing inflation boosts consumer confidence. According to Unicapital Securities Research Analyst Jeri R. Alfonso, the company shared a...
The Philippine Stock Exchange index (PSEi) plunged as investors sold down shares in panic due to fears of a global trade war as countries are taking retaliatory measures slapped harsh tariff rates by the US. The Philippine benchmark fell by 261.34 points or 4.3 percent to close at 5,822.85 on...
As United States (US) President Donald Trump’s tariffs will continue to weigh down global equities markets this week, the Philippine Stock Exchange will not be an exception, although traders are hoping that low valuations and a possible rate cut by the Bangko Sentral ng Pilipinas (BSP) will spur...
The stock market is seen to remain volatile amid uncertainty caused by US President Donald Trump’s tariff policies, as their impact may affect policy moves by the Federal Reserve. The Fed unanimously voted to keep rates unchanged at 4.5 percent for the second straight meeting of 2025,...
Amid declining casino revenues, Razon-led Bloomberry Resort Corp., owner and operator of the two Solaire and the Jeju Sun integrated resorts, is rolling its dice in the online gaming table. Sharing its online gaming plan with stock analysts, Bloomberry said it will fully launch its online gaming...
Unicapital's projections signal a promising year for Philippine capital markets. Unicapital Group (Unicapital), a leading independent financial services provider and investment firm, believes initial public offerings in the Philippines are set to make a big comeback this year despite doubts...
The local stock market is seen to remain volatile due to geopolitical and interest rate concerns, although share prices may get a boost from the Philippines’ exit from the grey list of the Financial Action Task Force (FATF). Unicapital Securities Equity Research Analyst Jeri R. Alfonso said that...
FOR MONDAY Two corporate bigwigs, JG Summit Holdings Inc. Chairman James L. Go and gaming tycoon Willy N. Ocier, are giving ordinary investors their masterclasses in stock investing by showing how to properly buy low and sell high. Universal Robina Corporation (URC) disclosed to the Philippine...
While the recent rout in the stock market has brought stock prices down to attractive levels, uncertainties over trade and monetary policies are dampening investor sentiment. According to 2TradeAsia.com, the Bangko Sentral ng Pilipinas’ signalling that it may push back the next rate cut well into...
While 2025 is expected to be a promising year for the country due to an anticipated consumption rebound, the Unicapital Group has lowered its year-end target for the Philippine Stock Exchange index (PSEi) to 7,800 from 8,000. In a briefing, Unicapital Securities Inc. Head of Research Wendy...
