A teachers’ group on Thursday, November 13, raised the alarm over a “surge” in suspicious emails targeting public school teachers’ official Department of Education (DepEd) accounts, warning educators to stay vigilant against phishing scams as the year-end bonus season approaches. The...
The Philippine Stock Exchange Index (PSEi) rose further as investors picked up cheaper stocks following the end of the United States government shutdown and speculation of a possible rate cut. The main index added 12.97 points, or 0.23 percent, to close at 5,726.99 on Thursday, Nov. 13. Miners and...
The Philippine Stock Exchange Index (PSEi) extended its downward spiral, as mixed corporate results failed to lift investor sentiment. On Tuesday, Nov. 11, the main index fell 73.57 points, or 1.29 percent, to close at 5,629.07. The decline was led by the Banks sector, while Services bucked the...
The Philippine Stock Exchange Index (PSEi) continued its decline following last week’s slower economic growth data, coupled with concerns over the impact of the recent twin super typhoons. The main index shed 56.73 points, or 0.99 percent, to close at 5,702.64 on Monday. Nov. 10. The Services and...
Maynilad Water Services Inc.’s initial public offering (IPO) failed to buoy the market as the Philippine Stock Exchange index (PSEi) plunged to its lowest level in almost five years on Friday, Nov. 7, after the economy grew at a slower-than-expected pace. The benchmark index fell by 76.22 points,...
The Philippine Stock Exchange Index (PSEi) rose, recouping losses in thin trading as positive corporate earnings buoyed sentiment. The main index gained 17.53 points, or 0.30 percent, to close at 5,835.59 on Thursday, Nov. 6. Miners led the advance while the Industrial sector lagged. Volume was...
China Banking Corp. (Chinabank), the lender co-controlled by the Sy and Dee families, sustained its income growth, posting a 10 percent rise in consolidated profits to ₱20.2 billion in the first nine months of the year. In a disclosure to the Philippine Stock Exchange, the bank stated that this...
The Philippine Stock Exchange index (PSEi) continued its slide, dropping 48.98 points or 0.83 percent to close at 5,818.06 on Wednesday, Nov. 5, driven by persistent investor anxiety that the third-quarter economic growth will fall short of the government’s target. The main index’s retreat...
The Philippine Stock Exchange index (PSEi) crashed to its lowest level in three years, wiping out gains amid a market-wide panic triggered by persistent inflation fears and weaker-than-expected economic performance. The main index fell by 101.62 points, or 1.71 percent, closing the session at...
The Gotianun Group’s East West Banking Corp. (EastWest) posted a 14-percent growth in net income to ₱6.6 billion in the first nine months of the year on the back of its consistent core revenue generation. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its revenues...
The local stock market improved on Wednesday, Oct. 29, after the peso strengthened while expectations of a United States Federal Reserve (US Fed) rate cut also boosted sentiment. The main index added 10.61 points, or 0.18 percent, to close at 5,963.77. Miners led the advance, while property and...
The Philippine Stock Exchange index (PSEi) edged higher as bargain hunters bought shares that had dropped in the past two trading sessions. The benchmark PSEi added 19.40 points, or 0.33 percent, to close at 5,953.16 on Tuesday, Oct. 28. Sectoral indices were mixed, with the banking gauge posting...
