Aboitiz Equity Ventures’ Outstanding Bond Issue Rated PRS Aaa

Manila–(PHStocks)–The credit rating for Aboitiz Equity Ventures Inc.’s (PSE: AEV) outstanding bond issue of PhP8.0 billion, is maintained at PRS Aaa, with a stable outlook, according to Philippine Rating Services Corp. (PhilRatings). Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The obligor’s capacity to meet its financial commitment on the […]
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Aboitiz Firm Still Keen on Airport operations

Aboitiz Equity Ventures Inc. (PSE: AEV), led by the Cebu-based Aboitiz clan, is reviving its interest in operating airports in the Philippines as it joined the list of potential bidders for a government auction for provincial airport contracts. Read More Source: Philippine Daily Inquirer Related Articles:AEV to Issue PhP30 Billion Fixed-rate Retail BondAboitiz Equity Ventures […]
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3rd PSE Bell Awards Slated for November

Makati—(PHStocks)—The Philippine Stock Exchange Inc. (PSE: PSE) has announced that the PSE Bell Awards for Corporate Governance will be held on November 10, 2014 at the Makati Shangri-La. The Bell Awards is one of the cornerstone activities of the PSE to promote good governance practices among listed companies and trading participants. “Good governance remains to be […]
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PH Stocks Up for Fourth Straight Session

Manila—(PHStocks)—Philippine stocks sustained their growth Monday, 5 May, despite a trading halt amid technical glitch, and defying the weak performance of regional markets. The Philippine Stock Exchange index (PSEi) gained 0.35% or 23.49 points to close at 6,766.46. Only the Services sector finished in the red; however, the decline is minimal (1.22 points). Leading the […]
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PH Stocks Down on Profit Taking

Manila—(PHStocks)—Philippine stocks fell on profit taking Friday, 4 April, after a week of strong gains. The mainboard Philippine Stock Exchange index (PSEi) shed 0.39% or 25.88 points to close the week at 6,561.2. This week also marked the first time in five months that the local stock market reached its peak. Despite the sell-off, the […]
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PH Stocks Climbs Back to 6100

Manila—(PHStocks)—Philippine stocks were up for the fifth straight session Tuesday, 11 February, on investors’ active buying ahead of the earnings season. The Philippine Stock Exchange index (PSEi) rose by 1.06% or 63.78 points to close at 6,106.03 on the back of market optimism. Related Articles:PH Stocks Extend Declines on Weak China PMIPSEi Down Anew on […]
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PH Stocks Down for Second Session

Manila—(PHStocks)—Philippine stocks extended their declines Friday, 10 January, as sell-off continues. The Philippine Stock Exchange index (PSEi) shed 1.59% or 94.63 points to close this week’s trading at 5,842.88. Most counters were back in the red, led by the Holding Firms segment, which dropped by 2.56%, followed by Financials, which slid by 1.86%. The wider […]
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PH Stocks Stumble Anew

Manila—(PHStocks)—Philippine stocks erased yesterday’s gains to finish today’s session at almost the same level as last week. The mainboard Philippine Stock Exchange index (PSEi) went down by 0.64% or 38.37 points to close at 5,947.44 today, 7 January. Most counters were back in the red, led by the Industrials, which shed 1.68%. The Services sector […]
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