PH Stocks Fall to 6500 Level

Manila—(PHStocks)—Philippine stocks extended their declines Monday, 18 March, with the bellwether Philippine Stock Exchange (PSEi) index closing at 6,536.18, down by 1.78% or 118.42pts. The bloodshed was across the board. The Property sector shed 2.88%; Holding Firms, 2.81%; and Mining and Oil index, 1.91%. This despite continued positive news in the country, such as a […]
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PH Stocks Arrest Decline

Manila—(PHStocks)—Philippine stocks continue to bear the brunt of stock sell-offs. The benchmark Philippine Stock Exchange index (PSEi) opened the session at a slight 0.01% growth to 6,642.84 as of 9:30 am Monday, 4 March. The index went below 6,600pts for the first time in almost two weeks, as it declined by 0.66% to 6,598.7 as […]
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EDC Signs $300M Deal for the 87MW Burgos Wind Project

Pasig—(PHStocks)—Lopez-led Energy Development Corporation (PSE: EDC) has signed a deal to commence the construction of its 87-MW wind farm in Burgos, Ilocos Norte and targets to commission the project in 2014. EDC has selected Vestas of Denmark, the world’s largest wind turbine manufacturer, as supplier of the 29 V90-3.0 MW wind turbines. Both contracts contain certain conditions […]
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Profit Taking Grips PH Stocks Anew

Manila—(PHStocks)—After reaching a new record high yesterday amid late surge in stock buying, in particular that of BDO Unibank Inc. (PSE: BDO) and SM Investments Corporation (SMIC, PSE: SM) shares, the Philippine Stock Exchange index (PSEi) succumbed to a new round of widespread profit-taking – shedding 1.18% or 79.18 to close the first trading day of March at 6,642.27. […]
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First Gen Announces Additional Listing

Pasig–(PHStocks)–First Gen Corp. (PSE: FGEN) has announced the listing of an additional 20,000 common shares under the company’s Executive Stock Option Plan (ESOP). The listing is set for Tuesday, 13 March 2012. This brings the number of common shares listed under the Company’s ESOP to a total of 15,740,871 common shares. Related Articles:PHStocks Exclusive: Top 30 Worst […]
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Annual Stockholders’ Meeting Announcements

Aboitiz Equity Ventures Inc. (PSE: AEV)  Date: 21 May 2012, 4:00 p.m. Venue: Sta. Maria One and Two, Radisson Blu Hotel, Serging Osmena Boulevard corner Juan Luna Avenue, Cebu City Record Date: 30 March 2012 Other notes: Stockholders’ Briefing will be held on 24 May 2012, 4:00 p.m., at the Grand Ballroom of InterContinental Manila, No. 1 […]
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