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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......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

FPRRD appeals to Quiboloy supporters not to hold rallies near Malacañang

FORMER President Rodrigo Duterte urged the supporters of embattled Pastor Apollo C. Quiboloy to "peacefully" conduct their rallies in the country in support of the Kingdom of Jesus Christ (KOJC) leader......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

Marcos-Duterte rival rallies ‘a disgusting display of political ambitions,’ says lawmaker

Amid the growing rift, a lawmaker asserted that Filipinos are bearing the brunt of the ongoing political play. The post Marcos-Duterte rival rallies ‘a disgusting display of political ambitions,’ says lawmaker appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 29th, 2024

OCCCI rallies to stun Chase Tower Runs in the Sinulog Cup 2024

OCCCI rallies to stun Chase Tower Runs in the Sinulog Cup 2024.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Market slips ahead of US Fed meeting

Share prices pulled back yesterday as investors treaded with caution ahead of the policy meeting of the US Federal Reserve......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

Market climbs ahead of BSP meeting

The stock market climbed for the second straight day ahead of the outcome of the Bangko Sentral ng Pilipinas (BSP) policy meeting......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

PSEi falls, mirrors US equities

Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

PSEi tumbles as Fed quashes rate cut hopes

Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

PSEi back to 6,600 level on Wall Street gains

The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 18th, 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......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Saso rallies to shoot 69; Pagdanganan saves 74

Yuka Saso endured a late and shaky backside start with a blistering frontside windup, posting a three-under 69 to stay in the early mix in stroke play phase of the T-Mobile Match Play paced by Korean Sei Young Kim in Las Vegas, Nevada Wednesday (Thursday Manila time)......»»

Category: sportsSource:  philstarRelated NewsApr 4th, 2024

Ybanez drops career-high 34 points, rallies Golden Spikers past Bulldogs

Josh Ybanez erupted for the UST Golden Spikers as he led a comeback over defending champions National University Bulldogs, 28-30, 22-25, 25-23, 25-22, 15-9, in the UAAP Season 86 men's volleyball tournament Sunday at the Smart Araneta Coliseum......»»

Category: sportsSource:  philstarRelated NewsMar 24th, 2024

Southwoods rallies to rule PAL Interclub

Manila Southwoods rode on a hot start to overcome a five-point deficit and cruise to a 13-point victory in the 75th Philippine Airlines Men’s Regular Invitational at the Pueblo de Oro Golf and Country Club yesterday......»»

Category: sportsSource:  philstarRelated NewsMar 5th, 2024

Hot finish nets Green World Championship crown; Saso rallies to 17th

Hannah Green delivered an electrifying performance on the greens, birdieing the last three holes and clinching the Women’s World Championship crown by one over Celine Boutier at Sentosa’s Tanjong course in Singapore Sunday......»»

Category: sportsSource:  philstarRelated NewsMar 3rd, 2024

DCPO assures security on Edsa commemoration

THE Davao City Police Office (DCPO) assures the public of the strict security implementation for the commemoration of the 38th Edsa People Power Revolution this Sunday, February 25, 2024, as around 290 police personnel will be deployed in several areas where rallies are staged......»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

The exorcism of Ferdinand Marcos Jr.?

‘Opposing’ political camps – including Rodrigo Duterte, who called God stupid – are set to hold prayer rallies to drive away the same evil spirits.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Huge rallies in Indonesia as candidates finish election campaign

(1st UPDATE) The contenders to lead the world's third-largest democracy are popular ex-governors Ganjar Pranowo and Anies Baswedan, and former special forces commander Prabowo Subianto.....»»

Category: newsSource:  rapplerRelated NewsFeb 10th, 2024