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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......»»
North Korea resumes missile tests, raising tensions with its rivals after their military drills end
North Korea resumes missile tests, raising tensions with its rivals after their military drills end.....»»
Thin volume seen on short trading week
Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»
Mayor Cabaron volleyball tilt resumes on Saturday
CEBU CITY, Philippines — After a week-long pause, the 1st Mayor Inocentes Cabaron Invitational Inter-Town Volleyball Tournament resumes its hardcourt action tomorrow at the Moalboal Covered Court in south Cebu this weekend. The host town, Moalboal, and Barili, will fight for the top spot in the men’s division. Both teams have identical 3-0 (win-loss) records......»»
Cash aid to elderly in Angeles City resumes
Cash aid to elderly in Angeles City resumes.....»»
North Korea resumes missile tests
North Korea resumes missile tests.....»»
'AwiTeofilo' songwriting contest resumes to honor Venerable Teofilo Camomot s legacy
'AwiTeofilo' songwriting contest resumes to honor Venerable Teofilo Camomot s legacy.....»»
Rhea Gullas Cup hardcourt action resumes on Feb. 17
CEBU CITY, Philippines— The hardcourt action resumes in the Rhea Gullas Cup 2024 1st District Inter-Cities/Municipalities Basketball Tournament in Sibonga town, south Cebu on Saturday, February 17th. Three basketball games will be featured tomorrow in Sibonga, starting with the Sidlak Carcar against the defending champions, San Fernando Buffalos. To recall, the Buffalos suffered an opening.....»»
Senate resumes Cha-cha hearings today
As a Senate panel resumes today its second hearing on moves to amend the economic provisions of the Constitution, Sen. Francis Escudero is hoping everyone calms down, and the process can continue with respect from both chambers......»»
Steniel cleared for open trading after 18-year suspension
Steniel Manufacturing had its suspension lifted by the PSE and will resume trading this morning after an 18-year absence from the market......»»
Live Updates: The Daily Guardian – Stock Market Today
Title: Stock Futures Dip, Yet Disney and Arm Shine in After-Hours Trading: Tech Sector Leads S&P 500 Surge The Daily Guardian In a mixed trading.....»»
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......»»
Philippine stocks rise after Wall Street gains
Philippine stocks rose yesterday, mirroring gains in the US market......»»
Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»
Banks ease exposure in real estate in 2023
The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»
Australia, ASEAN Warn Against Confrontations in South China
Members of the 10-nation Association of Southeast Asian Nations are urging calm among those who operate in the increasingly volatile South China Sea.The plea was made Wednesday in a joint statement between ASEAN and Australia at the end of a three-day summit in Melbourne. The summit marked the 50th anniversary of Australia establishing formal ties with ASEAN.The declaration said Australia and ASEAN "recog.....»»
Australia, ASEAN Warn Against Confrontations in South China Sea
Members of the 10-nation Association of Southeast Asian Nations are urging calm among those who operate in the increasingly volatile South China Sea.The plea was made Wednesday in a joint statement between ASEAN and Australia at the end of a three-day summit in Melbourne. The summit marked the 50th anniversary of Australia establishing formal ties with ASEAN.The declaration said Australia and ASEAN "recog.....»»
OceanaGold falls 6% in first day of trading
OceanaGold PH dropped a little over 6% in its first day of trading, falling P0.82 from its P13.33/share IPO price to close at P12.50/share......»»
Steniel falls 30% in second day of trading
Steniel Manufacturing dropped 30% in its second day of trading......»»
Steniel jumps 388% in first day of trading
Steniel Manufacturing saw its share price close up 388% to P1.27/share in its first day of trading since 2006......»»