SIAL CVS, FamilyMart, and ITOCHU Completes Sale of PFM to Phoenix Petroleum

SIAL CVS Retailers Inc., FamilyMart Co. Ltd, and ITOCHU Corp. have concluded the transaction to sell 100% of the outstanding shares of Philippine FamilyMart CVS Inc. (PFM) to Phoenix Petroleum Philippines Inc. (PSE: PXP), further to a Memorandum of Agreement (MOA) entered into by the parties last October 30, 2017. PFM is the official Area […]
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Karoon Farm-out to Tullow 35% of Block Z-38, Tumbes Basin Peru

Karoon Gas Australia Ltd (ASX: KAR) is pleased to announce the farm-out of a 35% interest in offshore exploration Block Z-38, Tumbes Basin Peru to Tullow Peru Limited, a wholly owned subsidiary of Tullow Oil plc. Pitkin Petroleum Peru Z-38 SRL, a wholly owned subsidiary of Pitkin Petroleum Ltd (PPL), holds a 25% participating interest […]
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PHStocks Exclusive: Top 30 Strongest Stocks in 2017

Another year of trading is over. The Philippine Stock Exchange (PSE) index finished 2017 at a record high 8,558.42 on Friday, 29 December 2017. It was the 14th time that the index closed at a record high during the year. For 2017, the index gained 25%. Of course, it’s also that time of the year […]
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PHStocks Exclusive: Top 30 Worst Performing Stocks in June

Manila—(PHStocks)—Yesterday, we presented the top 30 best performing stocks over the past month. This time around, it’s the top 30 worst performing stocks in June. Some of these stocks have risen during the month, before falling down again to their levels at June 30, upon which this ranking is based. Therefore, we cannot really say […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in May 2016

Manila—(PHStocks)—Last month saw the Philippines’ presidential elections, and the looming change of administration in the country saw investor mood getting more positive, as seen in the mostly positive levels of the mainboard PSE index. We have yet to see really the impact of this new government in the country’s economy. Let’s just hope it’s for […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in March 2016

Below is the list of the top 50 strongest performing stocks for the month of March. 1. Concrete Aggregates Corp. “A” (PSE: CA): PhP339, 438.09% 2. Da Vinci Capital Holdings Inc. (PSE: DAVIN): PhP5.90, 115.33% 3. Mabuhay Vinyl Corp. (PSE: MVC): PhP4.78, 71.94% 4. Synergy Grid & Development Philippines Inc. (PSE: SGP): PhP250, 64.47% 5. […]
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Philex Petroleum Posts PhP144M Consolidated Net Loss for 2015

Pasig—(PHStocks)—Philex Petroleum Corp. (PSE: PXP) incurred an audited net loss attributable to equity holders of the parent company of PhP87.5 million for the year ended 31 December 2015 compared to a net loss of PhP225.6 million in 2014. Reported consolidated net loss amounted to PhP144 million, compared to a net loss of PhP448.7 million during […]
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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, […]
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