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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

Netanyahu snaps back at growing US criticism

Netanyahu snaps back at growing US criticism.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

Bargain hunting ends 2-day slump

The stock market broke out of its two-day slump yesterday as bargain hunters buoyed share prices......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Dongallo shines as UE snaps 14-year women s volleyball slump vs Ateneo

Casiey Dongallo had a stellar debut performance in the UAAP, towing the UE Lady Warriors to a historic win over the Ateneo Blue Eagles, 20-25, 25-18, 25-23, 25-18, in the opening game of the UAAP Season 86 women’s volleyball tournament at the Mall of Asia Arena on Saturday......»»

Category: sportsSource:  philstarRelated NewsFeb 17th, 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

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

Pia Wurtzbach muling nakita ang ‘kakambal’ na wax figure sa Singapore

“HAPPY to see my twin again!” ‘Yan ang masayang caption ni Miss Universe 2015 Pia Wurtzbach matapos niyang pangunahan ang unveiling ng kanyang wax figure sa Madame Tussauds Singapore. Sa kanyang Instagram post, proud na ibinandera ni Pia ang ilang snaps sa nasabing event. “Singapore, that was so much fun!” sey niya sa IG. Nagpasalamat.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Blackpink s Lisa snaps photo with Taylor Swift in Singapore

Thousands of Taylor Swifts flocked to Singapore to see the award-winning singer-songwriter's sole Southeast Asian stop of her Eras tour, including Lisa of the Korean girl group Blackpink......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Stocks rebound on encouraging GDP numbers

Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Top 5 Spots in Lapu-Lapu to celebrate Valentine’s Day

For most people, Valentine’s Day is all about grand gestures of expressing love. On this special day, couples explore unique places to create a memorable Valentine’s Day experience with their loved ones. While the island of Mactan is known for its world-class beach destinations, the island offers other destinations perfect for couples. This Valentine’s Day,.....»»

Category: newsSource:  inquirerRelated NewsFeb 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

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

Market downturn presents opportunities to hunt for bargains

Investors are expected to seek out bargains this week following the stock market’s recent slump......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Losing slump fires up Hotshots – Sangalang

The two-game losing streak of Magnolia came as a wake-up call, center Ian Sangalang said, as they finally bagged a win once again on Wednesday against the NorthPort Batang Pier......»»

Category: newsSource:  philstarRelated NewsApr 11th, 2024

Road Warriors overcome 3rd-quarter slump vs FiberXers

Usually struggling in the third quarter, the NLEX Road Warriors flipped the script and ran away with a massive 115-93 victory over the Converge FiberXers in their PBA Philippine Cup clash on Saturday......»»

Category: sportsSource:  philstarRelated NewsMar 10th, 2024

Smuggled onions booming online

Smuggled and imported onions being sold online have contributed to the slump in the farmgate price of local bulbs, according to a farmers’ group......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024