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Saturday, April 27, 2024

Stocks

Stocks rise on bargain-hunting ahead of Q1 net income reports

Local share prices ended the week in the green, bucking the Wall Street’s decline, with the main composite index returning to the 6,600 level. The 30-company Philippine Stock Exchange index closed at 6,628.75 Friday, up by 53.87 points, or 0.82 percent from Thursday, while the broader all-shares index rose 24.78 points, or 0.71 percent, to finish at 3,492.7. Regina Capital Development Corp. head of sales Luis Limlingan said the local shares...

Stocks advance; peso dips to 57.78 a dollar

Stocks rose, but the Philippine peso fell to a new 17-month low...

SEC issues rules for cornerstone investors in IPOs

The Securities and Exchange Commission (SEC) laid down the guidelines for cornerstone...

Stocks climb as US production data bolster hopes of Fed monetary easing

The Philippine stock market rose Wednesday following the strong showing by US...

LATEST Stocks

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SEC asks Apple, Google to cut Binance app in PH

The Securities and Exchange Commission (SEC) asked the two leading application stores to remove the Binance app from online marketplaces accessible in the Philippines. It...

CRISP reaffirms Century’s debt score

Credit Rating and Investors Services Philippines Inc. (CRISP) reaffirmed Century Properties Group’s (CPG) credit rating of “AA+” on its sustained market position and continued...

PH shares climb on easing ME tensions, Wall St. positive cues

Share prices climbed back to the 6,500 level Tuesday on positive cues from the Wall Street and easing tensions in the Middle East. The 30-company...

PSE plans to tap debt market to buy out PDS shareholders

The Philippine Stock Exchange (PSE) may tap the debt market to buy out the shareholders of Philippine Dealing System Holdings Corp. (PDS). PSE president and...

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