PH Stocks Recover

Manila—(PHStocks)—Philippine stocks recover Wednesday, 5 July 2017, after two days of decline. The benchmark Philippine Stock Exchange index (PSEi) edged higher by 0.19% or 14.88 points to close today’s trading at 7,848.84. The wider all shares index gained 15.8 points to close at 4,712.7. All counters are in the green, led by the Industrials, which […]
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Megaworld Q1 Income Up 12.13% to PhP2.63B

Manila—(PHStocks)—Property giant Megaworld Corp. (PSE: MEG), the Philippines’ leading developer of integrated urban townships and the biggest lessor of office spaces, grew its net income by 12.13% to PhP2.63‐billion in the first quarter of 2016, from PhP2.35‐billion during the same period last year. Megaworld’s rental business boosted the company’s first quarter growth, with revenues soaring to an all‐time high […]
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Megaworld 1H 2015 Net Income Hits PhP5.43B

Manila—(PHStocks)—Megaworld Corp. (PSE: MEG), the Philippines’ biggest developer of integrated urban townships and the largest lessor of office spaces, achieved a net income of PhP5.43‐billion during the first half of 2015, 12.51% higher than PhP4.82‐billion (net of PhP11.62‐billion non‐recurring gain) during the same period last year. The company’s aggressive expansion of its pioneering concept of integrated urban townships and mixed‐use […]
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Megaworld Enters Tourism Business after GERI Acquisition

Manila—(PHStocks)—Megaworld Corp. (PSE: MEG) has further expanded its development portfolio as it officially enters the tourism sector with the acquisition of majority stakes of Global-Estate Resorts Inc. (GERI), the country’s biggest tourism estate developer. The company now owns 80.4 percent of GERI. With the majority acquisition of GERI, Megaworld has added around 3,000 hectares to […]
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PHStocks Week in Review: PH Stocks End Lower

Manila—(PHStocks)—Philippine stocks ended June’s first week of trading up by 1.73% from last week, which saw massive sell-off that drove the index down to 6,600 level. The benchmark Philippine Stock Exchange index (PSEi) closed the session at 6,762.62 today, 6 June, down by 0.14% or 9.82 points from the previous day’s session, but showing stability after […]
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PH Stocks Climb

Manila—(PHStocks)—After the sellout in the previous trading day, Philippine stocks recovered and climbed back to 6,600 levels Tuesday, 15 April. The Philippine Stock Exchange index (PSEi) rose by 0.49% or 32.11 points to close the session at 6,621.66. All counters finished in the green, led by the Financials, which gained 1.17%; followed by Mining and […]
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PH Stocks Take Pause on Profit Taking

Manila—(PHStocks)—Philippine stocks take a breather on Wednesday, 18 September, as investors lock in their gains. The benchmark Philippine Stock Exchange index (PSEi) shed 10.18 points or just 0.16% to close today’s trading at 6,333.96 – maintaining its foothold at the 6,300 level. On sectoral basis, the Financials led the gainers, posting a 0.95% increase, while […]
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PHStocks Exclusive: Top Stock Performers for August

August has been an interesting month of trading in the Philippine Stock Exchange. The global market, especially emerging markets, continued to let their guessing game on the US Fed’s QE tapering plans dictate their investing decisions, resulting in a fluctuating performance of most indices in the region. Related Articles:PHStocks Week in Review: Strong BeginningPHStocks Week […]
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