The Philippine Stock Exchange (PSE) announced that it has added new features on its PSE Electronic Allocation System (PSE EASy) website, a platform that enables local small investors (LSIs) to participate in initial public offerings (IPOs) and follow-on offerings (FOOs). In a statement, the bourse...
The Philippine Stock Exchange (PSE) has recently concluded its forum featuring chief executive officers of publicly-listed companies to give advice and encourage firms planning their own initial public offerings. During the forum, dubbed Road to IPO: Embracing the Growth Mindset, the seven CEOs...
The Philippine Stock Exchange (PSE) and Philippine Dealing System Holdings Corp. (PDSHC) cheered the appointment of former Robinsons Land Corporation President and CEO Frederick D. Go as the investment czar of the Marcos administration. In a statement, the PSE and PDSHC said their Board of...
The Philippine Stock Exchange (PSE) expects to raise P175 billion worth of capital in 2024 amid a more upbeat equities market with six companies seen to launch their initial public offerings (IPO) this year compared to just three in 2023. “Our capital raising forecast is P175 billion, around P40...
Investors in the local stock market have reason to be guardedly optimistic about 2024 following a lackluster trading in 2023. “The expected improvement in macroeconomic indicators are poised to drive market conditions in 2024,” said Philippine Stock Exchange (PSE) President and CEO Ramon S....
The Philippine Stock Exchange index (PSEi) dropped 1.8 percent to 6,450.04 at the end of 2023 from its closing figure on the last trading day of 2022. The bourse said its daily average value turnover was at P6.09 billion in 2023, down by 16.5 percent from 2022’s P7.30 billion average. (L-R): PSE...
Maya, the leading digital bank app in the Philippines, has launched Maya Stocks, the first retail investing service in the Philippines integrated in a digital bank app. In a statement, Maya said the app offers real-time transactions and instant earnings growth through its diverse wealth-building...
Diversified conglomerate San Miguel Corporation (SMC) has raised P34 billion from the sale of firm offer preferred shares and over-subscription option shares during its follow-on offering (FOO). The Philippine Stock Exchange said SMC formally listed its Series 2-L, 2-N and 2-O preferred shares...
The Philippine Stock Exchange (PSE) announced that it will be hosting its first third quarter Investor Day with nine publicly-listed companies (PLCs) planning to share their respective performances for the period. In a statement, the bourse said the latest batch of listed firms will join the last...
The Philippine Stock Exchange (PSE) underscored its commitment to promote investor education by taking part in the global Ring the Bell for Financial Literacy initiative, a program of the World Federation of Exchanges (WFE). In a statement, the PSE said its officers rang the closing bell in a...
The Philippine Stock Exchange (PSE) will finally launch its long-awaited short-selling program on Oct. 23 as it has already been given all the necessary regulatory approvals. Speaking during the Forum on Legislative Reforms for the Philippine Capital Market, PSE President and CEO Ramon S. Monzon...
The Philippine Stock Exchange (PSE) has made its Guidelines for Short Selling Transactions effective immediately after regulators approved critical components of securities borrowing and lending (SBL). The bourse noted that, “short selling can only function if an SBL program is in place.”...
