PH Stocks Slightly Up on Bargain Hunting

Manila—(PHStocks)—Philippine stocks staged a late rally Tuesday, 9 July, and reverse the selloff early in the session as investors hunt for bargains. The benchmark Philippine Stock Exchange (PSE) index inched higher by 0.13% or 8.11 points to close the session at 6,327.02. On sectoral basis, however, only the Industrials and Services sectors posted gains; with […]
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PH Stocks Retreat, Maintain 6,800 Level

Manila—(PHStocks)—Philippine stocks retreated Monday, 11 March, as investors took advantage of yields. Nevertheless, the mainboard Philippine Stock Exchange (PSE) index kept maintained its foothold at the 6,800-level amid positive news on the jobs data in the United States. The PSEi closed today’s trading at 6,813.95, down by just 0.29% or 19.82pts. The Industrials sector was […]
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History Yet Again! PH Stocks Breach 6,000pts

Manila—(PHStocks)—Philippine stocks have continued their growth for the fourth consecutive trading day of the year. For the first time in its history, the bellwether Philippine Stock Exchange index (PSEi) breached the 6,000-point mark by closing today’s trading at 6,044.910, up 1.23% from Friday’s closing of 5,971.45 points. All counters remain on the green, with the […]
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Ginebra Acquires East Pacific Star Bottlers

Mandaluyong–(PHStocks)–Ginebra San Miguel Inc. (PSE: GSMI) has acquired 100% of the total outstanding shares of East Pacific Star Bottlers Phils Inc., a corporation principally engaged in the manufacture and bottling of alcoholic and non-alcoholic beverages, for PhP200 million, at PhP100 per share. The acquisition is expected to forge synergies with GSM’s ongoing operations and provide additional […]
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