Steniel falls 30% in second day of trading
Steniel Manufacturing dropped 30% in its second day of trading......»»
DragonFi unveils new app for stock trading
DragonFi Securities Inc., the stock brokerage arm of Edgar “Injap” Sia’s DoubleDragon Corp., has introduced its new mobile investing app called DragonFi 2.0 aimed at making investing easy and accessible for all Filipinos......»»
Philippine Bank of Communications profit climbs 16.3 percent to P1.9 billion in 2023
Lucio Co’s Philippine Bank of Communications (PBCom) grew its income by 16.3 percent to P1.9 billion in 2023 from P1.6 billion a year earlier, mainly due to higher operating income from better trading performance......»»
PT& T readies return to stock market
Connectivity provider Philippine Telegraph and Telephone (PT&T) Corp. is securing regulatory approval to lift its two-decade suspension and finally resume trading at the Philippine Stock Exchange......»»
SEC slaps Abra Mining with P560 million fines
The Securities and Exchange Commission (SEC) has slapped Abra Mining & Industrial Corp., its directors, officers, transfer agent and certain stockholders with fines of at least P560 million for the unauthorized trading of unissued and unlisted shares from 2015 to 2019......»»
Stock trading made easier for local small investors
The Philippine Stock Exchange Inc. has rolled out new features that seek to make initial public offering and follow-on offering (FOO) subscription more accessible and efficient for investors......»»
Marubeni mulls RE foray, industrial estate development in Philippines
Japanese trading giant Marubeni is mulling an industrial estate comeback in the Philippines, while also exploring possible ventures into the renewable energy space......»»
Numerous Individuals and Businesses Profit from Trump Media Stock
Former President Donald J. Trump’s social media company, Truth Social, had a successful first official trading session on the Nasdaq, with shares surging and approaching.....»»
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......»»
Cryptocurrency Market Turns Red as Bitcoin, Ethereum, Solana Prices Dip Before Halving
The cryptocurrency market kicked off Friday on a bearish note, as major digital assets Bitcoin, Ethereum, and Solana experienced significant declines in morning trading. Bitcoin,.....»»
DMCI, Marubeni investing P15 billion for property venture
DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»
Roxas and Co went near-ceiling on solar farm speculation
Roxas and Company saw its shares shoot up 49% in yesterday’s trading session, prompting an inquiry from the Capital Markets Integrity Corp. (the market watchdog) for an explanation......»»
Premium Leisure Corp to be voluntarily delisted
The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»
How to Trade the Forex Market: A Comprehensive Overview
Trading the forex market involves buying and selling currencies with the intention of making a profit from the changes in the exchange rate, hence why.....»»
ACEN secures certification for WESM trading standards
ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System – the first among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»
Government announces independent review of forestry ETS costs
Forestry Minister Todd McClay has today announced an independent review into the forestry component of the Emissions Trading Scheme (ETS) Register to ensure it is efficient and cost-effective."Up and down the country forestry owners have been raising concerns about the excessive costs that have been imposed upon them by the previous government," Mr McClay says."We have iden.....»»
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......»»
PSEi surges with strong foreign buying ahead of Lunar New Year break
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) rose on Thursday due to strong foreign buying ahead of the long weekend. By the end of trading, the PSEi went up by 0.29 percent (20.12 points) to reach 6,850.16, while the broader All Shares index rose by 0.21 percent (7.45 points) to 3,574.21. There will be.....»»
Weak exports still biggest hurdle to Philippines expansion
The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»
SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares
The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»
TURNING POINT: The Rabid Clash of Titans
NAAWAN, Misamis Oriental (MindaNews / 31 January) – Their alliance in shambles, the incumbent and the former president of our blighted land, started trading barbs, calling each other a drug addict. Sebastian Duterte, the mayor of Davao City, came to his father’s aid demanding Marcos Jr’s resignation for incompetence. Indeed, the country’s politics has gone […].....»»