PHStocks Exclusive: Top 40 Best Performing Stocks in 2015

Manila—(PHStocks)—Happy New Year! We are back again with our list of top performing stocks for the year. The year 2015 has marked another roller coaster ride for Philippine stocks. The Philippine Stock Exchange index dropped by 278.49 points or 3.85% to close the year at 6,952.08—the first time in six years that the index ended […]
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JG Summit 1Q15 Net Income Up 11.2%

Pasig–(PHStocks)–JG Summit Holdings Inc. (PSE: JGS) posted a consolidated net income from equity holders of the parent of PhP6 billion for the first quarter of 2015, an 11.2% increase from PhP5.4 billion for the same period last year. The increase is due mainly to the income growth from core subsidiaries particularly Cebu Air (PSE: CEB), which benefited significantly […]
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Meralco Reports PhP4.4 Unaudited Consolidated Core Net Income for 1Q

Manila–(PHStocks)–Manila Electric Co. (Meralco, PSE: MER) has announced that its unaudited consolidated core net income for the three months ended 31 March 2015 amounted to PhP4.4 billion, 3% higher compared with the same period last year. Consolidated reported net income, which excludes one-time, exceptional charges, for the period also stood at PhP4.4 billion, reflecting a 10% growth over 2014. Core […]
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JG Summit 2014 Net Income Up 75% to PhP18.25B

Pasig—(PHStocks)—JG Summit Holdings Inc. (PSE: JGS)’s posted a consolidated net income from equity holders of the parent of PhP18.25 billion for the year ended 31 December 2014, a 75% increase from PhP10.43 billion last year. Increase is due mainly to the following: full-year recognition of equity earnings from our investment in Meralco, higher dividends received […]
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JG Summit’s PhP30B in Bonds Keep Top Rating

Philippine Rating Services Corp. (Philratings) maintained the top rating for the PhP30 billion worth of bonds of Gokongwei-led JG Summit Holdings Inc. (PSE: JGS), citing its strong liquidity position and stable businesses, a statement showed. Philratings said it had kept its PRS Aaa rating, which implies minimal credit risk, for the conglomerate’s debt. The rating, […]
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PSEi Rallies to Break 7,600 Level

Manila—(PHStocks)—The Philippine Stock Exchange (PSE) index broke the 7,600 resistance level to set a new intraday record and an all-time high trading record this year. Buoyed by the positive market sentiment, the PSEi closed today’s trading at 7,630.57, up by 0.58% or 43.9 points. The Financials index went up by 1.62%, followed by the Industrials, […]
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PSEi Extends Growth, Hits New Record

Manila—(PHStocks)—The bulls beat the bears as the Philippine Stock Exchange (PSE) index continued its steady growth on Monday, 26 January, buoyed by market sentiment on the European Central Bank’s (ECB) stimulus announcement last week. The PSEi closed today’s trading at 7,586.67, up by 0.5% or 37.74 points. This is despite the profit-taking early in the […]
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PSEi Hits Record High

Manila—(PHStocks)—The Philippine Stock Exchange (PSE) index reached a new high on Friday, 23 January, buoyed by the European Central Bank’s (ECB) stimulus announcement last night. Investors worldwide cheered the announcement by ECB President Mario Draghi that the bank will start buying bonds worth €60 billion a month. This has fueled a positive market sentiment today, with […]
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