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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

48ºC heat index hounds Aparri, Cagayan – Pagasa

MANILA, Philippines — A scorching 48ºC heat index hounded Aparri, Cagayan on Tuesday while 30 other areas / locations likewise experienced a dangerous heat index, according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Pagasa defines heat index as a measure of the contribution that high humidity makes with abnormally high temperatures in reducing the body’s.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

Heat index in Puerto Princesa City reaches 46ºC

MANILA, Philippines — A dangerous peak heat index of 46ºC (degrees Celsius) hounded Puerto Princesa City, Palawan on Monday, while 26 other areas  / locations likewise logged a heat index within the danger category, according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Pagasa said heat index refers to the measure of the contribution that.....»»

Category: newsSource:  inquirerRelated NewsApr 22nd, 2024

6 areas hit dangerous heat index hits on Monday

MANILA, Philippines — Six areas experienced a dangerous peak heat index on Monday according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s latest computed heat index as of  5:00 p.m., Dagupan City, Pangasinan and Bacnotan, La Union both had a 44ºC (degrees Celsius) heat index. Meanwhile, Sinait, Ilocos Sur, Puerto.....»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

BSP to keep policy stance sufficiently tight

Despite the slowdown in the rise in consumer prices in the past four months, monetary authorities deem it necessary to keep monetary policy settings sufficiently tight until there is sustained decline in inflation......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

17 areas experience dangerous heat index on Wednesday

MANILA, Philippines — The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) reported that 17 areas in the Visayas and Mindanao experienced a dangerous heat index on Wednesday. Heat index refers to the measure of the contribution that high humidity makes with abnormally high temperatures in reducing the body’s ability to cool itself. A heat.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

11 areas to reach ‘danger’ level heat index on Black Saturday

MANILA, Philippines — The heat index in 11 areas of the country is expected to reach the “danger” level on Black Saturday, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said. Based on its forecast as of 5 p.m. on Friday, the following areas will fall under the “danger” category today: READ:Pagasa: Heat index.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Bago farmers get P1-M capital trading support

Bago farmers get P1-M capital trading support.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

Business group backs carbon emission trading

The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

LMG Corp starts trading today with new par value

Shares of LMG Corp will be halted for the first hour of trading to allow traders to evaluate the change in the par value of the company’s common stock from P1.00/share to P0.10/share......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 8th, 2024

Ayala Corp tightens insider trading policy

Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

BSP boss shines spotlight on insider trading

As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

US bringing destabilizing weapons out of the shadows - Moscow

The deployment of American intermediate-range missiles in the Philippines is another blow to global stability, Russian ambassador to Washington Anatoly Antonov has said The US deployment of intermediate-range missiles in the Philippines is another step by Washington aimed at escalating the level of military confrontat.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

US bringing destabilizing weapons out of the shadows Moscow

The deployment of American intermediate-range missiles in the Philippines is another blow to global stability, Russian ambassador to Washington Anatoly Antonov has saidThe US deployment of intermediate-range missiles in the Philippines is another step by Washington aimed at escalating the level of military confrontation in the Asia-Pacific, Russian ambassador to Washington Anatoly Antonov has sa.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Russia responds to new US missile deployment in Asia

The deployment of American intermediate-range missiles in the Philippines is another blow to global stability, Russian Ambassador to Washington Anatoly Antonov has saidUS deployment of intermediate-range missiles in the Philippines is another step by Washington towards escalating military confrontation in the Asia-Pacific, Russian ambassador to Washington Anatoly Antonov has said.Last wee.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Cebuano rapper Range 999 gibalhin sa Cebu City Jail

Cebuano rapper Range 999 gibalhin sa Cebu City Jail.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Cebuano rapper Range 999 gibalhin sa Cebu City Jail

Cebuano rapper Range 999 gibalhin sa Cebu City Jail.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024