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Go bounces back at Palos Verdes with 72
Lois Kaye Go, determined to rebound from a lackluster pro debut last week, did spring back at Rancho Palos Verdes here, seizing a one-stroke lead over Chihiro Ikeda with a 72 after 18 holes of the ICTSI Palos Verdes Championship......»»
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......»»
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......»»
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......»»
Bago farmers get P1-M capital trading support
Bago farmers get P1-M capital trading support.....»»
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......»»
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......»»
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.....»»
Ayala Corp tightens insider trading policy
Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»
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......»»
ALI to buy back more shares
Property giant Ayala Land Inc. plans to continue buying back shares to boost its share price, which the company believes has been trading at a steep discount......»»
Stocks retreat as investors stay on sidelines
Share prices retreated yesterday as investors opted to stay on the sidelines with trading shortened to three sessions this Holy Week......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
Women writers in detention continue to fight for freedom
In this story, Bulatlat highlights the story of women writers who are in detention for expressing their criticism and dissent through their craft. The post Women writers in detention continue to fight for freedom appeared first on Bulatlat......»»
Fake docs continue to proliferate, as BI announces purchase of modern equipments against fraud
FAKE documents continue to circulate and proliferate. This unfortunate news was announced by Bureau of Immigration (BI) Commissioner Norman Tansingco, who said that a report from the BI’s Anti-Fraud Section said it examied a total of 241 fraudulent and counterfeit documents for 2023 which were found to be questionable. These documents examined by the BI’s […].....»»
Selling pressures drag local stocks down
The Philippine Stock Exchange index fell below the 6,900 level, slipping by 0.31 percent or 21.72 points to end at 6,891.49 amid selling pressures at the start of the trading week......»»
Share prices slip on profit-taking
The stock market slipped yesterday after rising for three consecutive days as investors cashed in on their profits on the last trading day of the week......»»
Tropical cyclone likely to enter PH this week - The Manila Times
MANILA, Philippines: The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said a tropical cyclone may enter the Philippine Area of Responsibility (PAR) later this week. "The weather disturbance, which was predicted to enter PAR this weekend, would likely affect some areas in Mindanao," weather specialist Rhea Torres said. In the meantime, most areas will continue to swelter,.....»»