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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......»»
First Metro thinks PSEi could hit 7,500 this year
First Metro Investment Corp head of research, Cristina Ulang, said that the PSEi could rise to as high as 7,500 this year......»»
Cebu City OBO temporarily closes condo unit after child’s fatal fall
Cebu City OBO temporarily closes condo unit after child’s fatal fall.....»»
Davraa Meet 2024 closes on a high note in Davao City
Davraa Meet 2024 closes on a high note in Davao City.....»»
Misamis Oriental s pilgrimage site closes for tourism upgrade
Misamis Oriental s pilgrimage site closes for tourism upgrade.....»»
Economic worries weigh down PSEi
Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»
Penitentes take centerstage anew in Leyte Holy Week rituals
Penitentes take centerstage anew in Leyte Holy Week rituals.....»»
PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
PSEi to stay at 6,700 ahead of inflation data
The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»
Index attempts to break past 7,000 anew
Local stocks will likely seek direction from the US markets this week in a bid to break past the 7,000 threshold anew......»»
Muhammad Alis Thrilla in Manila shorts expected to smash auction records - Muhammad Ali
Bids for trunks from 1975 fight against Joe Frazier could reach $6m in online Sothebys auction The shorts worn by Muhammad Ali during his famous Thrilla in Manila fight in 1975 are expected to smash auction records at Sothebys in New York next week. The white satin Everlast trunks, which Ali signed with a black Sharpie pen, have attracted bids of $3.8m (3m) in an online auction that closes on 12 April. That puts the trunk.....»»
Number of fishermen in West Philippine Sea up 60% – BFAR
More Filipino fishermen have begun dropping their nets again in the West Philippine Sea, with a ranking official from the Bureau of Fish.....»»
US Airdrops Aid in Northern Gaza Amid Limited Supplies
The Daily Guardian- In response to the ongoing crisis in Gaza, the U.S. Central Command has taken action by dropping essential aid into the region......»»
Head-first slam on Pacio unintentional, Brooks maintains
Jarred Brooks underscored that he “did not intentionally do anything” after dropping his ONE FC strawweight MMA world championship to Filipino fighter Joshua Pacio due to disqualification......»»
Marvel drops trailer for animated X-Men 97
Marvel is bringing back the mutants of the X-Men to the small screen after dropping the first trailer for "X-Men '97.".....»»
‘Review sex education amid teen pregnancies’
With one out of 10 teenagers aged 15 to 19 getting pregnant, the Department of Education should check comprehensive sexuality education programs to prevent female learners from dropping out of school due to pregnancy, Sen. Sherwin Gatchalian said......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
Z’Nars Jewelers-Marawi City lords Sinulog Cup 2024 cage wars
CEBU CITY, Philippines — The Z’Nars Jewelers-Marawi City ruled the Sinulog Cup 2024 Basketball Tournament after outlasting the equally-determined OCCCI Sheermasters-Ormoc City, 95-89 in their winner-take-all championship game on Saturday evening at the Cebu City Sports Institute. Mac Tallo was named the finals “Most Valuable Player” after dropping 21 points, seven assists, and four rebounds. .....»»
‘Perfect’ Aryna Sabalenka retains Australian Open crown
Aryna Sabalenka turns the Australian Open into a happy hunting ground, completing a title romp without dropping a set after overpowering Chinese Zheng Qinwen.....»»
Baguio temperature drops to 12.2 Celsius
Chilly mornings in Baguio City continue, with the temperature dropping.....»»