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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

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

World Down Syndrome Day: Big sister s journey with Down Syndrome sibling

World Down Syndrome Day: Big sister s journey with Down Syndrome sibling.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 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

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

Cebu Daily Newscast: Father jailed for gunning down son in Lahug, Cebu City

Listen to Cebu Daily Newscast to know the latest news in and out of Cebu. Here’s what you need to know this Tuesday, March 26, 2024. Father jailed for gunning down son in Lahug, Cebu City A 63-year-old father landed in jail after he allegedly gunned down his own son whom he had an altercation.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

‘Save Poro’s trees’: Parish church widens calls vs tree-cutting

CEBU CITY, Philippines — The parish church in Poro town, Camotes Island, in northern Cebu is not giving up on its fight to save hundreds of trees from being chopped down. The Sto. Niño de Poro Parish expanded its online petition, aimed at convincing the government not to cut down over 700 trees for road.....»»

Category: newsSource:  inquirerRelated NewsMay 16th, 2024

Idis: Cutting down of 200 trees justified by ‘progress’

A DAVAO City-based environmental group was dismayed over the cutting down of around 200 trees in Lanang, Davao City to make way for the Samal Island-Davao City Connector (SIDC) Project......»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Drug den shut down, shabu dealer nabbed in 2 Mindanao PDEA operations

Anti-narcotics agents closed down a drug den in Pagadian City and entrapped a long-wanted shabu peddler in Datu Piang, Maguindanao del Sur in separate operations in two days......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

Unemployment down at 3.9% in March 2024

Unemployment down at 3.9% in March 2024.....»»

Category: newsSource:  sunstarRelated NewsMay 9th, 2024

Semirara Q1 profit: P6.5-B (down 28%)

Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2024

Over P332-M worth of cannabis burned down in Kalinga, Benguet

Authorities had torched down P332.9 million worth of marijuana from illicit plantations in the mountains of Kalinga and Benguet since Sunday......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

Lower March sales pull down Wilcon earnings in Q1

Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Cool Smashers down Angels in 4 sets

Cool Smashers down Angels in 4 sets.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

19 drug dens in CV shut down in a span of 4 months – PDEA-7

CEBU CITY, Philippines – A total of 19 drug dens from all over Central Visayas were successfully shut down by authorities in a span of 4 months. Leia Alcantara, spokesperson of the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7), shared that this is the result of their anti-drug operations from January 1 to May.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024