Wednesday, December 24, 2025
Today's Print

Tag: SM Investments Corp

Stocks rise, peso falls as traders brace for key US inflation data

Stocks advanced Thursday, but the peso retreated again to a record-low of 59 against the US dollar ahead of the release of US inflation...

Conglomerates sustain strong rebound

Local conglomerates expect to sustain their recovery from the pandemic in the second half this year amid the continued reopening of the economy. Listed companies...

SM Investments bags two magazine awards

SM Investments Corp. topped two award categories in the recent Alpha Southeast Asia magazine awards based on a poll of industry investors. SM Investments clinched...

2GO Group posted P109M profit in Q2

2GO Group Inc., a subsidiary of SM Investments Corp., said Friday it posted a P109-million net profit in the second quarter, a solid turnaround...

SMIC completes takeover of 2GO with 52.85% stake

Conglomerate SM Investments Corp. said Thursday it completed the acquisition of a controlling stake in transportation and logistics firm 2Go Group Inc. SMIC said in...

SMIC tops PH firms in Forbes Global 2000

SM Investments Corp. leads Philippine firms in the Forbes 2021 Global 2000, the 19th annual ranking of the world’s largest public companies. Only six...

Market bounces back; SM Investments gains

The stock market rose Friday on bargain hunting and after President Rodrigo Duterte placed Metro Manila and four neighboring provinces under the more lenient general...

Market ends three-day rally; SM Investments, MPIC drop

The stock market sank Thursday as investors opted to cash in on their gains after a three-day rally that sent the benchmark index past...

SM Investments says net income down by 48% to P23.4B last year

Conglomerate SM Investments Corp. said Friday net income fell 48 percent in 2020 to P23.4 billion from P44.6 billion in 2019 as core banking,...

Market extends gains; Apollo and SMIC advance

Stocks rose for a fourth day following the recent rally in Asian markets on optimism that coronavirus infections will fall as vaccinations are rolled...

SM Group’s awards

SM Investments Corp. and its subsidiaries clinch 10 awards for scoring high in the recently-concluded 2019 ASEAN Corporate Governance Scorecard assessments. SMIC executives led...

Stocks fall; Basic Energy, Apollo Global buck trend

The stock market retreated Friday along with the rest of Asia, as the region met Joe Biden’s $1.90-trillion stimulus proposal with a shrug. The Philippine...

Profit taking weighs down stocks; BPI, GT Capital up

The stock market retreated Thursday on profit taking as the global rally fueled by vaccine optimism petered owing to the brutal reality of surging...

SMIC readies P15B worth of fixed-rate bond offer in August

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