The local equities market weakened further as investors continue to pocket gains from a stalled rally. The PSEi dropped 36.54 points or 0.53 percent to close at 6,851.38 with only the Industrial and Services sectors advancing while the Property index led the retreat. Volume was lower at 2.25...
The local stock market fell after investors lacked conviction to take it above the 7,000 level. The main index lost 85.43 points or 1.23 percent to close at 6,887.92 as share prices fell across the board led by the 2.56 percent drop of the Property counter. Volume jumped to 3.29 billion shares...
The Capital Markets Integrity Corporation (CMIC), the independent audit, surveillance, compliance and enforcement unit of The Philippine Stock Exchange, Inc., denied allegations that it had been remiss in its previous audits of Venture Securities Inc. In a statement released to media, Venture cited...
The Securities and Exchange Commission (SEC) has upheld the findings of the Philippine Stock Exchange’s independent audit, surveillance and compliance arm against Venture Securities, Inc. (VSI) for violation of multiple trading rules. The PSE’s Capital Markets Integrity Corporation said these...
Stock broker Eusebio H. Tanco has formally declined his nomination as director of the Philippine Stock Exchange (PSE) for the Board elections on July 1 after his brokerage Venture Securities Inc. has been penalized by regulators in relation to illegal transfers of shares worth P700 million. In a...
The local stock market was flat amid some profit-taking and portfolio rebalancing. PH STOCKS The main index shed 3.38 points or 0.05 percent to close at 6,973.35 with only the Financials and Property sectors managing to advance as the Mining and Oil counter led the decline. Volume rose to 5.22...
Coronavirus disease (COVID-19) hospitalizations in the National Capital Region (NCR) is decreasing, the Private Hospitals Association of the Philippines (PHAPI) said Wednesday, June 16. (AFP / MANILA BULLETIN) In an interview with TeleRadyo, PHAPI President Dr. Rene Jose de Grano said the number of...
Local share prices rose Tuesday, (June 15) further after government eased quarantine restrictions in the national capital region. The main index moved up by 59.24 points or 0.86 percent to close at 6,976.73 with only the Financials sector dipping on profit-taking. Volume was also higher at 5.13...
The local stock market started the week almost flat as investors wait to see if the government will further ease quarantine restrictions in the nation’s capital. The main index inched up 9.70 points or 0.14 percent to close at 6,917.49 although sectoral indices were evenly mixed with banks...
Various government agencies have promised to assist a Pangasinan town's burgeoning cassava industry, which was created through sheer necessity during the most difficult stretches of the coronavirus disease (COVID-19)-triggered lockdown last year. Cassava chips and Cassava cake (Photo courtesy of...
Metrobank and GT Capital Holdings Inc. Group are expecting 400,000 doses of COVID-19 vaccines that will be made available for employees of each of the Ty-led group of companies, which includes Toyota Motor Philippines, Federal Land, AXA Philippines, Philippine Savings Bank among others. The...
Philippine shares ended the week higher and breached the 6,900 resistance level as investors become cautiously optimistic. The main index rose 32.08 points or 0.47 percent to close at 6,907.79 as the Financials sector led the advance while only the Mining and Oil counter retreated. Volume improved...
