PHStocks

China Banking Corporation (PSE: CHIB) Cash dividend of PhP1.20 per share and stock dividend of 10%. Record and payment date to be set by the Board of Directors upon verification and approval of Bangko Sentral ng Pilipinas (BSP) and the approval in principle of the listing of stock dividend by the Philippine Stock Exchange and the Securities and Exchange Commission. Manulife Financial Corporation (PSE: MFC) Quarterly shareholders’ dividend of C$0.13…

Manila—(PHStocks)—Philippine stocks extended their gains Thursday, 9 May, on sustained optimism in the US market and strong 1Q performance of local firms. The benchmark Philippine Stock Exchange (PSE) index grew by 0.18% or 13.13 points to close the trading day at 7,194.43. Most sectors posted gains, led by the Holding Firms index, which gained 0.38%%. The Services sector gained 0.28%, while the Property index added 0.22%. Overall, the wider All…

Manila—(PHStocks)—Philippine stocks failed to sustain early session gains on Tuesday, 7 May, as investors embark on a second day of profit taking. The benchmark Philippine Stock Exchange (PSE) index slid by 0.34% or 24.53 points to 7,146.12 at the close of the trading day, failing to sustain the 43.79 points gained in the morning session. All counters except for the Services index, which managed to pull in a 0.29% gain,…

Manila—(PHStocks)—Philippine stocks recovered their losses from profit taking as investors retook positions to take advantage of higher yields. The benchmark Philippine Stock Exchange (PSE) index regained its footing at the 6,700 level, closing the trading day on Friday, 26 April, at 7,025.44 – up by 0.43%. All counters were back in the green, led by the Services sector, which gained 0.93%. The Mining and Oil sector increased by 0.56%, while…

Manila—(PHStocks)—Philippine stocks regained their losses Wednesday, 17 April, boosted by US stock markets recovering on positive housing reports. The benchmark Philippine Stock Exchange (PSE) index went up by 0.94% or 63.93 points to close today’s trading at 6,850.26. All counters are back in the green, led by the Financials segment, which gained 1.36%. The Industrials sector, meanwhile, posted a 1.25% growth, while both the Holding Firms and Services indices ended…