PSEi Breaches 8,000

Manila—(PHStocks)—Following a slight dip in the previous trading session, Philippine stocks recovered to close today’s market a little above the 8,000-point mark. The mainboard Philippine Stock Exchange index (PSEi) jumped by 1.19% or 93.72 points to close today’s session at 8,001.38. The wider All Shares index, meanwhile, went up by 0.94% to finish at 4,760.27. […]
Continue reading…

 

MARC to Merge with Asia Pilot

Makati—(PHStocks)—On 04 June 2017, Marcventures Holdings Inc. (PSE: MARC) and the shareholders of Asia Pilot Mining Philippines Corp. (Asia Pilot) entered into a term sheet in relation to their agreement to merge Asia Pilot, BrightGreen Resources Holdings Inc. (BHI) and MARC with the latter as the surviving entity. MARC agreed to issue six hundred seventy […]
Continue reading…

 

PH Stocks Down 25pts

Manila—(PHStocks)—The mainboard Philippine Stock Exchange index (PSEi) ended today’s market session at 7,860.77, down by 25.26 points or 0.32%. All counters were down, albeit minimally, while the Services index closed at 1,686.14, up by 0.28%. The Property index fell by 0.52%, while the Mining and Oil sector shed 0.5%. The wider All Shares index dropped […]
Continue reading…

 

Marcventures Holdings’ Reply to DENR’s Audit Findings

Manila—(PHStocks)—The following is Marcventures Holdings’ (PSE: MARC) statement to DENR’s audit findings. “We have received a copy of the letter of the Department of Environment and Natural Resources (DENR) dated 23 September 2016 enumerating its major audit findings last 27 September 2016. Pending receipt of the full report to be issued by the DENR, we can only surmise […]
Continue reading…

 

PHStocks Exclusive: Top 40 Worst Finishers in 2015

Manila—(PHStocks)—Yesterday, we featured the top 40 best performing stocks in 2015. (You can see the list here). This time, we will list the top 40 “losing” stocks for the year. I won’t say they are the worst performers though. I am sure most of these companies have several ups during the past 12 months. However, […]
Continue reading…

 

Marcventures to Increase Nickel Ore Production

Makati—(PHStocks)—Marcventures Mining and Development Corp. (MMDC), the wholly owned subsidiary of Marcventures Holdings Inc. (MHI, PSE: MARC) was granted by the Environmental Management Bureau (EMB) of the Department of Environment and Natural Resources (DENR) an increase in its allowable annual nickel ore production from 3 million metric tons to 5 million metric tons, representing an increase of […]
Continue reading…

 

PHStocks Exclusive: Top 50 Stock Price Gainers in December

Manila—(PHStocks)—The last month of the year saw realignment of investor portfolio amid the strong rallies over the previous weeks leading into the holidays. A Santa Claus rally was also observed, with the Philippine Stock Exchange index (PSEi) recovering losses to finish the last trading day of the year at 7,230.57, up by 0.62% or 44.25 […]
Continue reading…

 

PHStocks Exclusive: Strongest Stocks for September

Manila—(PHStocks)—We have posted the top 50 stock price gainers for September here yesterday. But for this post, we are highlighting those companies who have continued to be among the top stock price gainers month-on-month. Special attention, meanwhile, should be given this company, which has continued to be among the top 50 gainers for the past […]
Continue reading…