PHStocks Exclusive: Top 30 Best Performing Stocks in June

Manila—(PHStocks)—It’s that time of the month again to see who the best and worst performing stocks are over the past month of trading. For the month of June, below are the top 30 best performing stocks. (As always, the list is based on the price performance of stocks based on their closing price at the […]
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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. […]
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Pryce Eyeing Another 20 LPG Refilling Plants

Makati—(PHStocks)—Salvador P. Escaño, Chairman of Pryce Corp. (PSE: PPC), confirmed today that its subsidiary Pryce Gases Inc. (PGI) and PGI’s subsidiary Oro Oxygen Corp. (OOC) look to add another twenty (20) liquefied petroleum gas (LPG) refilling plants in Luzon after the completion of the first batch of thirty (30) refilling plants on 15 July 2016. Soon after commencement of […]
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MERALCO Taps GTCAP Unit for Interim Power

Pasig—(PHStocks)—Manila Electric Co. (MERALCO, PSE: MER), the Philippines’ largest distributor of electrical power, has signed power supply deals with two independent power producers (IPPs) in the Visayas to augment a foreseen capacity deficit in its portfolio, especially during the coming summer. In a filing with the Energy Regulatory Commission (ERC), Meralco said it signed separate […]
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Pryce Nearly Doubles Net Income in 2015

Makati—(PHStocks)—Pryce Corp. (PSE: PPC) ended 2015 with a 98% increase in unaudited, consolidated net income over 2014. Compared to consolidated revenues of PhP6.381 billion in 2014, revenue in 2015 declined by PhP522 million to PhP5.859 billion, due mainly to the roughly 40% fall in LPG prices in 2015. Consolidated net income, however, almost doubled, increasing from PhP296.9 million in […]
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Pryce 9M2015 Net Income Jumps 116%

Makati—(PHStocks)—As of the third quarter of 2015, Pryce Corp.‘s (PSE: PPC) consolidated net income rose to a new high notwithstanding a drop in revenues. Income from operations for the period January to September jumped by 116.2% from PhP267.4 million in 2014 to PhP578.3 million in 2015, driven mainly by the large increase in LPG sales […]
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