PSE Net Income Up at PhP701M in 2016

Makati—(PHStocks)—The Philippine Stock Exchange Inc. (PSE) posted a net income of PhP701.54 million in 2016, 3 percent higher than the PhP682.81 million profit in 2015. The increase was driven by the growth of operating revenues by 4 percent to PhP1.26 billion from PhP1.21 billion in 2015. Meanwhile, operating expenses amounted to PhP592.6 million, 1.5 percent […]
Continue reading…

 

PSE and College of Saint Benilde Sign MOA for Securities Course

Manila—(PHStocks)—The Philippine Stock Exchange Inc. (PSE) and De La Salle-College of Saint Benilde Inc.’s (DLS-CSB) School of Professional and Continuing Education (SPaCE) signed a Memorandum of Agreement for the latter to be a partner school for PSE’s Certified Securities Specialist Course (CSSC). The Securities Course is a 124-hour continuing education program which tackles financial market […]
Continue reading…

 

PSE Approves Cemex IPO

Manila—(PHStocks)—The Philippine Stock Exchange Inc. (PSE) has given its go signal for Cemex Holdings Philippines Inc. to conduct an Initial Public Offering (IPO). The cement producer will be offering 2.03 billion shares at a maximum price of PhP17.00. Including its over-allotment option of 304.95 million shares, the company can potentially raise PhP39.74 billion at the […]
Continue reading…

 

PSE Q1 Net Income Hits PhP164M

Makati—(PHStocks)—The Philippine Stock Exchange Inc. (PSE) reported a net income of PhP164.73 million in the first quarter of 2016, down by 13.9% from the same period last year. The decline was due mainly to lower trading-related income and service fees as the stock market registered lower total value turnover during the quarter. Operating revenues also […]
Continue reading…

 

PSE Named 2015 Best Stock Exchange in Southeast Asia

Manila—(PHStocks)—The Philippine Stock Exchange Inc. (PSE) was named the Best Stock Exchange in Southeast Asia for 2015 in the Marquee Awards of the 9th Alpha Southeast Asia Deal & Solution Awards. The Marquee Awards cited various accomplishments for conferring the award to the PSE including the Exchange’s corporate governance programs and the shift to the […]
Continue reading…

 

Datem: Uncertainty Behind IPO Delay

Uncertain market conditions prompted Datem, Inc. to shelve a planned initial public offering (IPO), the construction firm said on Monday. Related Articles:Nickel Asia Prospectus for IPO Now AvailablePHStocks Exclusive: Top 50 Stock Price Gainers in DecemberPHStocks Exclusive: Top Stock Performers for NovemberPH Stocks Recover as US Stocks Rebound on Improved Economic DataPHStocks Dividend Roundup
Continue reading…

 

PSE 1H 2015 Net Earnings Reach PhP367M

Makati—(PHStocks)—The Philippine Stock Exchange Inc. (PSE: PSE) reported a net income of PhP366.84 million and total revenues of PhP651.54 million during the first half of 2015. Revenues were supported by the growth in total turnover value for the period amounting to PhP1.2 trillion during the first half of 2015 from PhP993.01 billion in the same […]
Continue reading…

 

PSE Acquires 28.91% of PDS

Makati—(PHStocks)—The Philippine Stock Exchange Inc. (PSE: PSE) and the Banker’s Association of the Philippines (BAP), on behalf of individual shareholder banks, have signed a Share Purchase Agreement (SPA) whereby PSE agreed to purchase 1,807,094 shares of PDS Holdings Inc. (PDS) from BAP, equivalent to 28.91% of PDS, for a total of purchase price of PhP650,553,840.00. […]
Continue reading…