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Philippines
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 surge; Monde Nissin climbs

Stocks rallied Monday on bargain hunting after Metro Manila and several parts of the country brace for a full reopening of the economy starting...

SPNEC swap deal to benefit shareholders

Solar Philippines Nueva Ecija Corp. said over the weekend the terms of the proposed asset-for-share swap agreement will result in less dilution and greater...

Market braces for volatile trading

Trading at the stock market will remain volatile this week amid the tension in Eastern Europe. Analysts said there would be risk-off sentiment this week...

Markets rally as traders weigh Russia sanctions

Asian equities bounced back Friday from the previous day’s rout with investors taking their lead from a rally on Wall Street after Washington decided...

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