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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

‘Investment spending rebounds in 2023 4Q, driving GDP growth’

‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Malabon releases P2.4 million aid for 800 poor residents

Over 800 poor residents from Malabon City received P2.4 million in financial assistance under the national government’s Assistance to Individuals in Crisis Situations on Friday......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

BFP Mandaue: Danyos sa sunog misaka’g 800%

BFP Mandaue: Danyos sa sunog misaka’g 800%.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

800% increase in fire damage in Mandaue in 2024

800% increase in fire damage in Mandaue in 2024.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Market ends 2-day slump, bounces above 6,800

The stock market ended a brief two-day bleeding as it made its way back to the 6,800 territory......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Market tumbles below 6,800 amid profit taking

The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

800 turtle hatchlings released in Zambales

800 turtle hatchlings released in Zambales.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Marian Rivera returns to GMA Prime

Marian Rivera returns to GMA Prime.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

NCC Marathon returns for bigger challenge in 2024

NCC Marathon returns for bigger challenge in 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

‘Tatak UP awards’ returns

‘Tatak UP awards’ returns.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Red Bull Half Court Returns with 3-on-3 Streetball, Seeking Top Talent for Thrilling New York City World Finals!

Red Bull Half Court returns for another year, calling out to the best ballers for the ultimate 3-on-3 streetball showdown. This time the competition is set to be even more intense, as players from Luzon to Mindanao battle it out in the regional qualifiers in Manila, Cebu, and Davao to determine who will secure a […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 23rd, 2024

Limpag: Freddy Gonzales returns; Rodney Orale gets spot in technical committee

Limpag: Freddy Gonzales returns; Rodney Orale gets spot in technical committee.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 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 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 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