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PSEi surges with strong foreign buying ahead of Lunar New Year break
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) rose on Thursday due to strong foreign buying ahead of the long weekend. By the end of trading, the PSEi went up by 0.29 percent (20.12 points) to reach 6,850.16, while the broader All Shares index rose by 0.21 percent (7.45 points) to 3,574.21. There will be.....»»
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......»»
Cebu City inflation rate stays 4.5 percent in February 2024
Cebu City inflation rate stays 4.5 percent in February 2024.....»»
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......»»
Saso falters at the finish, settles for 70
Yuka Saso surged forward on moving day but encountered setbacks down the stretch, carding a 70 Saturday (Sunday Manila time) to all but bow out of contention in the Chevron Championship heading to a wild finish at the Woodlands in Texas......»»
Ardina falters in moving day, falls behind by 7
Dottie Ardina’s bid to close in on Haruka Kawasaki suffered a snag with a last-hole mishap as she settled for a 72 and fell seven strokes off the pace in the third round of the Foxconn TLPGA Players Championship at the Orient Golf and Country Club in Taoyuan City Saturday......»»
Rowers chase dream
It’s sink or stay afloat for four Philippine rowers vying for Paris tickets at the World Rowing Olympic Asia-Oceania Continental Qualifier on Tangeum Lake, Chungju, South Korea starting today. The regatta ends on Sunday......»»
With closure of Sky Cable, ANC offers paid subscription online in bid to stay afloat
The ABS-CBN News Channel pivots to paid subscription on YouTube as it stands to lose financial support arising from Sky Cable's closure.....»»
Third stringers kept Hotshots afloat in Game 1 loss vs Beermen, says Victolero
Magnolia head coach Chito Victolero lauded the Hotshots’ third-stringers, which not only took the team closer against the San Miguel Beermen, but also provided rest to the starters in Game 1 of the PBA Commissioner's Cup finals......»»
500 MPUV drivers fear income loss after CBRT package 1 s completion
500 MPUV drivers fear income loss after CBRT package 1 s completion.....»»
500-kilo bangus harvested from aquaculture project
500-kilo bangus harvested from aquaculture project.....»»
1$:56.500
1$:56.500.....»»
Over 500 PUVs pass roadworthiness check, 39 fail
Over 500 PUVs pass roadworthiness check, 39 fail.....»»
500 Bilibid inmates moved to Davao prison
At least 500 prisoners from the New Bilibid Prison (NBP) in Muntinlupa have been transferred to the Davao Prison and Penal Farm......»»
Super Micro Enters S& P 500 After Stock Price Surge of Over 20-Fold in Two Years
Super Micro Computer Inc. has reached a major milestone as it joins the prestigious S&P 500 index after a remarkable surge in its stock price......»»
IFC investing $500 million to address Philippines development challenges
The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»
The Daily Guardian: S& P 500 slips to start the week as Wall Street takes a breather from record highs
The stock market saw a slight dip on Monday as major indexes retreated from record highs reached last week. The S&P 500 closed at 5,069.53,.....»»
Uptrend Continues as Dow and S& P 500 Reach New Highs: Live Updates
The S&P 500 reached another milestone on Friday, closing at a record high of 5,088.80, marking a slight increase of 0.03%. This stabilization in the.....»»
The Daily Guardian: William Byron clinches Daytona 500 win
The highly anticipated Daytona 500 and United Rentals 300 races were postponed due to inclement weather over the weekend. However, fans can expect plenty of.....»»
PNP to deploy 8,500 police for EDSA People Power events
The Philippine National Police will send around 8,500 of its personnel to “secure” two commemorations of the anniversary of the EDSA People Power uprising on February 25......»»