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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......»»
House detains PNP general, colonel
Two ranking police officials were ordered detained yesterday after they were cited in contempt by the House of Representatives for “continuously lying” during a hearing on the unlawful arrest, arbitrary detention and robbery of four Chinese women in Parañaque City last year......»»
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......»»
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......»»
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......»»
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......»»
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......»»
Team Secret grouped with tough foes in VCT Pacific Stage 1
Riot Games has announced more details for the upcoming Valorant Champions Tour, VCT Pacific Stage 1, happening from April 6 until May 12, with the top three teams from this stage, advancing to Valorant Masters Shanghai......»»
China Says Philippine Vessel Illegally Landed on Disputed Atoll
SHANGHAI - China said Saturday a small civilian vessel from the Philippines had 'illegally placed itself on the beach' of an atoll in the South China Sea that both countries claim.The vessel, which landed on the Spratly Islands atoll on Friday, was there for supply purposes, the China coast guard posted on the Weixin platform.The Philippines' coast guard, national security council and foreign ministry did.....»»
China Says Philippine Vessel Illegally Landed on Disputed Atoll
SHANGHAI - China said Saturday a small civilian vessel from the Philippines had 'illegally placed itself on the beach' of an atoll in the South China Sea that both countries claim.The vessel, which landed on the Spratly Islands atoll on Friday, was there for supply purposes, the China coast guard posted on the Weixin platform.The Philippines' coast guard, national security council and foreign ministry did.....»»
HONOR Unravels Porsche Design Honor Magic V2 RSR in China
Global technology brand HONOR and Porsche Design unveiled the PORSCHE DESIGN HONOR Magic V2 RSR in Shanghai, China. Being the thinnest inward foldable phone in the market reflecting the expertise of the respective partner, the PORSCHE DESIGN HONOR Magic V2 RSR sets the stage for a future of innovation and design. This momentous partnership between […].....»»
China coastguard uses water cannons against Philippine ships in South China Sea
MANILA/SHANGHAI (Reuters) -China’s coastguard said it had taken measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippines decried the moves, including the use of water cannons, as “irresponsible and provocative”. China’s actions led to “significant damage” and injury to personnel on a civilian boat hired to resupply.....»»
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......»»
PNP colonel faces admin raps over sex video
A police colonel accused of documenting his sexual encounters with a woman he had an illicit affair with is facing administrative cases before the Office of the Ombudsman......»»