PH Stocks Recover

Manila—(PHStocks)—Philippine stocks recover Wednesday, 5 July 2017, after two days of decline. The benchmark Philippine Stock Exchange index (PSEi) edged higher by 0.19% or 14.88 points to close today’s trading at 7,848.84. The wider all shares index gained 15.8 points to close at 4,712.7. All counters are in the green, led by the Industrials, which […]
Continue reading…

 

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…

 

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 […]
Continue reading…

 

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 […]
Continue reading…