PH Stocks Recover

Manila—(PHStocks)—After a two-day decline, Philippine stocks recovered today as investors hunt for bargains. The benchmark Philippine Stock Exchange index (PSEi) went up by 1.15% or 90.37 points to close today’s trading at 7,927.49. The wider All Shares index, meanwhile, recovered 44.82 points to finish at 4,730.32. Related Articles:PH Stocks Down AnewPHStocks Week in Review: Selling […]
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PH Stocks Down Anew

Manila—(PHStocks)—Philippine stocks fell for a second trading session as investors lock in their gains following a five-day rally. The mainboard Philippine Stock Exchange index (PSEi) dropped by 0.3% or 23.65 points to close today’s market session at 7,837.12. The wider All Shares index remain in the red, further sliding by 0.11% or 5.28 points. All […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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PNB Reports Php6.3 Billion Net Income in 2015

Pasay–(PHStocks)–The Philippine National Bank (PSE: PNB) sustained its profitability in 2015 with consolidated net income increasing by 15% to P6.3 billion, driven by continued improvements on earnings from its core business particularly net interest income and net service fees and commissions. During the year, PNB’s net interest income, comprising 67% of the total operating income, improved by  7% […]
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