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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......»»
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......»»
Japan slips into a recession and loses its spot as the world s third-largest economy
Japan slips into a recession and loses its spot as the world s third-largest economy.....»»
Japan slips into a recession and loses its spot as the world s third largest economy
Japan slips into a recession and loses its spot as the world s third largest economy.....»»
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......»»
Senator approves measure seeking medical use of marijuana
Senator approves measure seeking medical use of marijuana.....»»
House committee approves measure seeking to ban Pogo in PH
House committee approves measure seeking to ban Pogo in PH.....»»
PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
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......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
PSEi back to 6,600 level on Wall Street gains
The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»
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......»»
Phreatic eruptions recorded in Taal anew
Phreatic eruptions were observed anew in Taal Volcano yesterday, according to the Philippine Institute of Volcanology and Seismology......»»
SM, ASP to host Angels Walk for Autism anew
SM, ASP to host Angels Walk for Autism anew.....»»
Penitentes take centerstage anew in Leyte Holy Week rituals
Penitentes take centerstage anew in Leyte Holy Week rituals.....»»
Marcos brushes off Duterte’s tirades anew
Marcos brushes off Duterte’s tirades anew.....»»
OSG calls on the court anew to reverse the acquittal of 10 human rights defenders
"Such frivolous yet retaliatory charges pursued by government counsels also show how public funds are being wastefully utilized to go after those who defend and uphold human rights.” The post OSG calls on the court anew to reverse the acquittal of 10 human rights defenders appeared first on Bulatlat......»»
Taal Volcano vog alert up anew
Volcanic smog or vog was observed around Taal Volcano anew starting at 2 p.m. yesterday......»»
Index attempts to break past 7,000 anew
Local stocks will likely seek direction from the US markets this week in a bid to break past the 7,000 threshold anew......»»
Capitol, DepEd NegOcc ink scholarship deal for school heads anew
Capitol, DepEd NegOcc ink scholarship deal for school heads anew.....»»