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Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Thin volume seen on short trading week
Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»
North Korea resumes missile tests, raising tensions with its rivals after their military drills end
North Korea resumes missile tests, raising tensions with its rivals after their military drills end.....»»
Mayor Cabaron volleyball tilt resumes on Saturday
CEBU CITY, Philippines — After a week-long pause, the 1st Mayor Inocentes Cabaron Invitational Inter-Town Volleyball Tournament resumes its hardcourt action tomorrow at the Moalboal Covered Court in south Cebu this weekend. The host town, Moalboal, and Barili, will fight for the top spot in the men’s division. Both teams have identical 3-0 (win-loss) records......»»
Cash aid to elderly in Angeles City resumes
Cash aid to elderly in Angeles City resumes.....»»
North Korea resumes missile tests
North Korea resumes missile tests.....»»
'AwiTeofilo' songwriting contest resumes to honor Venerable Teofilo Camomot s legacy
'AwiTeofilo' songwriting contest resumes to honor Venerable Teofilo Camomot s legacy.....»»
Rhea Gullas Cup hardcourt action resumes on Feb. 17
CEBU CITY, Philippines— The hardcourt action resumes in the Rhea Gullas Cup 2024 1st District Inter-Cities/Municipalities Basketball Tournament in Sibonga town, south Cebu on Saturday, February 17th. Three basketball games will be featured tomorrow in Sibonga, starting with the Sidlak Carcar against the defending champions, San Fernando Buffalos. To recall, the Buffalos suffered an opening.....»»
Senate resumes Cha-cha hearings today
As a Senate panel resumes today its second hearing on moves to amend the economic provisions of the Constitution, Sen. Francis Escudero is hoping everyone calms down, and the process can continue with respect from both chambers......»»
Live Updates: The Daily Guardian – Stock Market Today
Title: Stock Futures Dip, Yet Disney and Arm Shine in After-Hours Trading: Tech Sector Leads S&P 500 Surge The Daily Guardian In a mixed trading.....»»
Bago farmers get P1-M capital trading support
Bago farmers get P1-M capital trading support.....»»
Business group backs carbon emission trading
The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»
LMG Corp starts trading today with new par value
Shares of LMG Corp will be halted for the first hour of trading to allow traders to evaluate the change in the par value of the company’s common stock from P1.00/share to P0.10/share......»»
Ayala Corp tightens insider trading policy
Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»
BSP boss shines spotlight on insider trading
As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»
Australia, ASEAN Warn Against Confrontations in South China
Members of the 10-nation Association of Southeast Asian Nations are urging calm among those who operate in the increasingly volatile South China Sea.The plea was made Wednesday in a joint statement between ASEAN and Australia at the end of a three-day summit in Melbourne. The summit marked the 50th anniversary of Australia establishing formal ties with ASEAN.The declaration said Australia and ASEAN "recog.....»»
Australia, ASEAN Warn Against Confrontations in South China Sea
Members of the 10-nation Association of Southeast Asian Nations are urging calm among those who operate in the increasingly volatile South China Sea.The plea was made Wednesday in a joint statement between ASEAN and Australia at the end of a three-day summit in Melbourne. The summit marked the 50th anniversary of Australia establishing formal ties with ASEAN.The declaration said Australia and ASEAN "recog.....»»
Stocks rebound on encouraging GDP numbers
Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»
Philippine stocks rise after Wall Street gains
Philippine stocks rose yesterday, mirroring gains in the US market......»»
Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»