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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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Stocks slip; Monde Nissin, SPNEC fall

The stock market fell for a second straight session Monday, with investors keeping tabs on the war in Ukraine and renewed spikes in global...

China property giant Evergrande suspends share trading again

HONG KONG, China—Troubled Chinese property developer giant Evergrande and all its units suspended trading in Hong Kong Monday morning, according to a notice to...

Investors weigh Fed rate hike, Russia-Ukraine war

Trading at the Philippine Stock Exchange is expected to remain volatile this week as investors weigh the inflation risks caused by the Russia-Ukraine war...

Ayala sells toll road unit to Villar Group

Conglomerate Ayala Corp. said Friday it will sell its entire stake in the company that holds the concession for the Muntinlupa-Cavite Expressway project to...

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