While the recent reduction in the cost of trading stocks in the Philippines is expected to boost market activity at the Philippine Stock Exchange (PSE), more needs to be done to develop the local capital market, particularly in investor education. During the bell-ringing ceremony at the PSE marking...
The Philippine Stock Exchange, Inc. (PSE) and the Commission on Filipinos Overseas (CFO) have signed a Memorandum of Understanding to jointly undertake programs that will help overseas Filipinos become active participants in the Philippine capital markets. PSE President and CEO Ramon S. Monzon...
The implementation of the reduced stock transaction tax next month could theoretically result in an 83 percent surge in value turnover in the Philippine Stock Exchange, although even a fraction of this growth will already be a big boost to the local bourse. Abacus Securities Corporation noted that...
The Philippine Stock Exchange reported that a number of accounts opened with its trading participants jumped by 50.1 percent to 2.86 million last year from 1.91 million in 2023, due to a 62.0 percent surge in online accounts to 2.47 million from 1.53 million. “This 50 percent jump in number of...
Ayala Corporation reported that Globe Fintech Innovations Inc. (Mynt, the owner of GCash) is undergoing a stock split that will result in a lower par value per share and increase its market appeal when it launches its initial public offering. In a disclosure to the Philippine Stock Exchange, Ayala...
The Philippine Stock Exchange, Inc. (PSE) is enhancing its trading infrastructure with the signing of a new agreement with Nasdaq, which will significantly expand its technology partnership through an upgrade to Nasdaq 's most advanced platform, Nasdaq Eqlipse Trading. Nasdaq Eqlipse...
As the local stock market is on an uptrend amid firmer investor sentiment, the Philippine Stock Exchange has upgraded its capital raising target for 2025 to about ₱170 billion from the previous ₱120 billion goal and double the amount raised last year, even without the much-anticipated GCash...
The acquisition of the fixed-income bourse boosted the earnings of the Philippine Stock Exchange, Inc. (PSE), which reported a 5.1 percent uptick in its net income for the first quarter of 2025 to ₱254.67 million from ₱242.38 million in the same period last year. The PSE said financial...
From left to right: Light Fuels Retail Trade Manager, Dwight Christian Jonas Villon; Vice President and Head of Commercial Fuel Trade, Alvin Lato; First Vice President and Chief Financial Officer, Atty. Constance Marie Lim, CPA; Senior Vice President and Chief Operating Officer, Brigitte...
The Securities and Exchange Commission (SEC) is not abandoning the 20-percent minimum public ownership of rule for initial public offerings (IPOs), although it has approved the plan of the Philippine Stock Exchange (PSE) to relax its implementation of this requirement to make it easier for large...
Trading on the Philippine Stock Exchange (PSE) finally began after a delay of almost two hours due to connectivity issues. PSE President Ramon S. Monzon said that the adjusted schedule for the market phases this morning included the pre-open at 11:05 a.m. and the market open at 11:10 a.m. Trading...
As of 10:50 this morning, trading at the Philippine Stock Exchange has yet to open “due to a system connectivity issue that is currently being resolved.” “Kindly standby for further announcements,” said PSE President and CEO Ramon S. Monzon.
