Philippine Realty and Holdings Corp. (PSE: RLT) has entered into an agreement with a group of private investors to sell its 70% stake in Meridian Assurance Corp., the company’s non-life insurance subsidiary, for PhP191 million. The sale is subject to approval by the Insurance Commission. Click Here for More Information Related Articles:PHStocks Roundup: RRHI, IMP, DMPL, […]
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Cainta—(PHStocks)—According to the Department of Tourism, from January to December 2015, the Philippines generated earnings amounting to PhP227.62 billion from 5.36 million visitors. This amount is 5.92% higher than the previous earnings of PhP214.88 billion for the same period in 2014. Countries such as Korea, the United States, Canada, Australia and Japan topped spending of […]
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Manila—(PHStocks)—Yesterday, we presented the top 30 best performing stocks over the past month. This time around, it’s the top 30 worst performing stocks in June. Some of these stocks have risen during the month, before falling down again to their levels at June 30, upon which this ranking is based. Therefore, we cannot really say […]
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Manila—(PHStocks)—The PHStocks top performers and losers list returns after several months of absence. As always, the list is based on the price performance of stocks based on their closing price at the last trading day of the prior month and their closing price at the last trading day of the month in review. So, without […]
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Manila—(PHStocks)—Philippine stocks fell for a second trading session as investors lock in their gains following a five-day rally. The mainboard Philippine Stock Exchange index (PSEi) dropped by 0.3% or 23.65 points to close today’s market session at 7,837.12. The wider All Shares index remain in the red, further sliding by 0.11% or 5.28 points. All […]
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Manila—(PHStocks)—The mainboard Philippine Stock Exchange index (PSEi) ended today’s market session at 7,860.77, down by 25.26 points or 0.32%. All counters were down, albeit minimally, while the Services index closed at 1,686.14, up by 0.28%. The Property index fell by 0.52%, while the Mining and Oil sector shed 0.5%. The wider All Shares index dropped […]
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Manila—(PHstocks)—The mainboard Philippine Stock Exchange (PSE) index rallied to 7,937.95 at the close of market on Tuesday, 12 July 2016, amid continued optimism over the prospects of a better government under President Rodrigo Duterte. The PSEi was up by 0.92%—sustaining its growth for a third session. The wider All-Shares index improved by 0.81%, closing at 4,795.85. […]
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Manila—(PHStocks)—We have yet to see the real impact of the recent elections in our country’s stock market. Over the past few days, however, the Philippine Stock Exchange index has seen pretty strong finish owing to the relatively fast, credible and peaceful national elections on May 9. Market observers meanwhile expect the euphoria to taper in the next […]
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