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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

‘Investment spending rebounds in 2023 4Q, driving GDP growth’

‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Higit 100 katao dinukot ng armadong grupo sa Nigeria

HIGIT sa 100 katao ang dinukot ng mga armadong lalaki nang salakayin ng mga ito ang tatlong nayon sa hilagang-kanluran ng Nigeria noong Sabado. The post Higit 100 katao dinukot ng armadong grupo sa Nigeria first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 13th, 2024

Enrile 100-anyos na ngayong V-Day, tatanggap ng P100k cash gift

NGAYONG Valentine’s Day, February 14, ipinagdiriwang ni Chief Presidential Legal Counsel at dating Sen. Juan Ponce Enrile ang kanyang ika-100 kaarawan. Kaya naman isa siya sa mga Pinoy na magse-celebrate ng kanilang 100 years ngayong taon na makakatanggap ng P100,000 centenarian cash gift, base na rin sa nakasaad sa Centenarians Act of 2016. Ayon sa Centenarians.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 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

Over 100,000 firms suspended

Over 100,000 corporations have been suspended by the Securities and Exchange Commission for non-filing of reportorial requirements......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

NBA: Davis makes history in Lakers win over Timberwolves

Anthony Davis delivered a sensational game on the eve of his 31st birthday Sunday, scoring 27 points with 25 rebounds in the Los Angeles Lakers’ 120-109 NBA victory over Western Conference high-fliers Minnesota. Davis added five assists, a career-high seven steals and three blocked shots for the Lakers, who are locked in a battle for.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

Victor Wembanyama logs triple-double in Spurs win over Raptors

Victor Wembanyama became the first rookie in nearly 34 years to have a triple-double with blocked shots, leading the visiting San Antonio Spurs to a 122-99 victory over the Toronto Raptors on Monday night. READ MORE: Wembanyama targets playoff berth for Spurs in first season Wembanyama amassed 27 points, 14 rebounds and a career-best 10.....»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 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

Sixers fined $100 K over Embiid

The NBA fined the Philadelphia 76ers $100,000 for violating injury reporting rules, the league announced Friday......»»

Category: sportsSource:  philstarRelated NewsApr 7th, 2024

Over 100 US firms interested to invest in Clark –BCDA

More than 100 US companies are interested in exploring investment opportunities in Clark, according to the Bases Conversion and Development Authority......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Lakers finally solve Nuggets, avoid sweep

Anthony Davis had 25 points and 23 rebounds, and LeBron James scored 30 points as the Los Angeles Lakers avoided elimination in a first-round Western Conference playoff series with a 119-108 Game 4 victory over the visiting Denver Nuggets on Saturday......»»

Category: sportsSource:  philstarRelated NewsApr 28th, 2024

Jarrett Allen makes Cavs history in win over Magic

Jarrett Allen set a franchise record with his 12th consecutive double-double, scoring 14 points and grabbing 11 rebounds as the Cleveland Cavaliers rolled to a 126-99 road blowout of the Orlando Magic on Monday. Allen surpassing Elmore Smith and Andre Drummond — with whom Allen was tied for the Cavaliers’ double-double mark coming into the.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

No opening parade in Paris

POC president Mayor Bambol Tolentino has disclosed that the coming Olympic opening ceremony will be a historic first since Paris hosted the Games 100 years ago. It won’t be a parade at a stadium. Instead, it will be a flotilla of boats, each carrying 100 delegates, streaming down the River Seine with 300,000 spectators lining the banks......»»

Category: sportsSource:  philstarRelated NewsMay 15th, 2024

US war vet, 100, to marry sweetheart, 96

Americans Harold Terens and Jeanne Swerlin promise their courtship is “better than Romeo and Juliet” – he is 100, she’s 96, and they marry next month in France, where the groom-to-be served during World War II......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024