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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......»»
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......»»
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling.....»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
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......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
PSEi back to 6,600 level on Wall Street gains
The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»
PSEi forecast to touch 7,000
The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»
Cebu Daily Newscast: Father jailed for gunning down son in Lahug, Cebu City
Listen to Cebu Daily Newscast to know the latest news in and out of Cebu. Here’s what you need to know this Tuesday, March 26, 2024. Father jailed for gunning down son in Lahug, Cebu City A 63-year-old father landed in jail after he allegedly gunned down his own son whom he had an altercation.....»»
Age Is Just a Number
Don’t let anyone look down on you because you are young, but set an example for the believers in speech, in conduct, in love, in faith and in purDon’t let anyone look down on you because you are young, but set an example for the believers in speech, in conduct, in love, in faith and in purity. 1 Timothy 4:12ity. 1 Timothy 4:12.....»»
KC Concepcion shuts down rumored breakup with Swiss boyfriend
Actress KC Concepcion shut down breakup rumors with Swiss boyfriend Steve Michael Wuethrich......»»
MCWD water production down 16%
MCWD water production down 16%.....»»
Poro parish church urges gov’t: Don’t chop down our trees
CEBU CITY, Philippines – A parish church in Poro, Camotes Island in northern Cebu wants to save dozens of decades-old trees that stand in the way of road widening projects there. The Sto. Niño de Poro Parish launched an online petition to convince the government to reconsider their decision to cut down over 500 trees.....»»
Pro-Palestinian demonstrators shut down airport highways and key bridges in major U.S. cities
Pro-Palestinian demonstrators shut down airport highways and key bridges in major U.S. cities.....»»
CTS Global FY23 profit: P23-M (down 56%)
CTS Global posted a FY23 net income of P23 million, down 56% from the P52 million it reported in FY22......»»
Basic Energy’s chairman steps down due to health concerns
Basic Energy disclosed that its chairman, Ramon Villavicencio, will step down as chairman and vacate his position as a board member effective March 31 due to personal health concerns......»»
Basic Energy’s chairman steps down due to health concerns
Basic Energy disclosed that its chairman, Ramon Villavicencio, will step down as chairman and vacate his position as a board member effective March 31 due to personal health concerns......»»
China: PH is ‘straying down a dangerous path’
MANILA, Philippines — China continued to blame the Philippines and its ally, the United States, for the continued tensions in the disputed West Philippine Sea. In a statement on Thursday, Chinese Ministry of National Defense spokesperson Wu Qian warned that the Philippines is going down a dangerous path. READ: No letup in Chinese water cannon attacks.....»»