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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

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......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Stocks pull back on inflation impact

Investors yesterday pulled the market back closer to the 6,900 territory, pricing in the impact of inflation landing on the higher end of the target band......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Stocks advance anew on rosy corporate earnings

Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Stocks rebound as Wall Street bounces back

Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

UAAP men’s volleyball: Tamaraws win 3rd straight; Falcons sweep Red Warriors

Far Eastern University Tamaraws won their third straight game in the UAAP Season 86 men’s volleyball tournament after carving out a five-set victory over the La Salle Green Spikers, 16-25, 25-21, 34-32, 20-25, 15-8, Saturday at the Smart Araneta Coliseum......»»

Category: sportsSource:  philstarRelated NewsMar 23rd, 2024

Batang Pier clamp down on Bolts, notch 3rd straight win

The pesky NorthPort Batang Pier staged a defensive masterclass and grinded their way to their third straight win at the expense of the Meralco Bolts, 90-85, in the PBA Philippine Cup at the Smart Araneta Coliseum on Sunday......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

Bossing secure 3rd straight win, disconnect FiberXers

The Blackwater Bossing rolled to their third straight win after completely demolishing the Converge FiberXers, 90-78, in a wire-to-wire affair in the PBA Philippine Cup Wednesday evening at the Smart Araneta Coliseum......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Philippine stocks advance following Wall Street rally

Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Bago farmers get P1-M capital trading support

Bago farmers get P1-M capital trading support.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 8th, 2024

Ayala Corp tightens insider trading policy

Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Bulacan State University developers win 3rd iTHINK Hackathon of Isla Camp

Bulacan State University developers win 3rd iTHINK Hackathon of Isla Camp.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Naga City joins 3rd Nationwide Simultaneous Earthquake Drill

Naga City joins 3rd Nationwide Simultaneous Earthquake Drill Vox Bikol Fri, 08/24/2018 - 03:59.....»»

Category: entertainmentSource:  philstarRelated NewsApr 10th, 2024

Davao swimmer Ernie Gawilan secures 3rd Paralympics spot

Davao swimmer Ernie Gawilan secures 3rd Paralympics spot.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

4 ka LGUs sa 3rd district sa Sugbo kwalipikado isip first class municipalities

4 ka LGUs sa 3rd district sa Sugbo kwalipikado isip first class municipalities.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

PNP renews commitment to serve Filipino people as PH ranks 3rd safest Southeast Asian country

PNP renews commitment to serve Filipino people as PH ranks 3rd safest Southeast Asian country.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024