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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.....»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
PNB asset sale seen to yield P5.4 billion
Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»
Choco Mucho joins PVL sister team Creamline as Allianz PNB Life ambassadors
Don’t be surprised if sister teams Creamline and Choco Mucho end up battling in a dream finals encore in the Premier Volleyball League, which ushers in its All-Filipino Conference on February 20 in Smart Araneta Coliseum......»»
Citicore Renewable Energy IPO scheduled for May 31
Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»
Metro Pacific charts stronger growth path
Conglomerate Metro Pacific Investments Corp. is charting a stronger growth path on its first year back as a private company following its delisting from the stock market late last year......»»
OceanaGold Philippines all set for stock market debut
OceanaGold (Philippines) Inc., the operator of Didipio gold and copper mine in Nueva Vizcaya, hurdled the final regulatory clearance for its initial public offering, paving the way for its market debut on May 13......»»
Strong corporate earnings boost market
The stock market advanced for a fifth straight session yesterday as strong corporate earnings in the first quarter helped buck negative cues from Wall Street overnight......»»
Index closes flat on lack of market-moving news
The stock market opened the week with minimal gains as investors waited for catalysts......»»
Stock market continues retreat
The stock market remained in the loss column on its return to action yesterday......»»
Market extends losses as inflation quickens
The stock market extended its losing streak yesterday, closing the week in the red as inflation accelerated for a second straight month in March......»»
Eye on inflation as market returns from long holiday
Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»
Market in the red for second day
The stock market yesterday extended its losing streak for a second straight day as investors wait for direction on how domestic and global inflation will tread for the rest of the year......»»
Market succumbs to profit-taking anew
The stock market succumbed to another round of profit-taking, slumping for the second straight session......»»
Market ends week on high note
The stock market capped off the week on a high note, buoyed by positive cues from the US markets overnight......»»
Market extends winning streak
Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day......»»
Market ends 2-day slump, bounces above 6,800
The stock market ended a brief two-day bleeding as it made its way back to the 6,800 territory......»»
Market tumbles below 6,800 amid profit taking
The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»
Market rally at risk from profit takers
Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark......»»