Aboitiz Equity Ventures Grows 2016 Full-year Profit by 27% to PhP22.5B

Taguig—(PHStocks)—Aboitiz Equity Ventures Inc. (PSE: AEV) saw its consolidated net income increase by 27% year-on-year (YoY) from PhP17.7 billion in 2015 to PhP22.5 billion in 2016. This translates to PhP4.02 in earnings per share. Power accounted for 65%, followed by the Banking and Financial Services, Food, Infrastructure, and Land strategic business units (SBUs) with income […]
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Republic Cement Inaugurates New Cement Finish Mill

Makati—(PHStocks)—Republic Cement & Building Materials Inc. (PSE: LRI), a leading cement and construction solutions provider in the country, today commissioned its newest cement Finish Mill at its Norzagaray Plant in Bulacan, increasing its production capacity to support the growing infrastructure needs of the country. “This capacity expansion initiative reaffirms Republic Cement’s commitment to support our country’s growth through the […]
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PH Stocks Show Resilience

Manila—(PHStocks)—Despite the continuing economic crises in the eurozone, the Philippine capital market showed its resilience. The bellwether Philippine Stock Exchange (PSE) index gained 0.52% to close at 5,193.84 points on Tuesday, 26 June. The wider all-share index managed remained stable, pulling a slight 0.29% gain on the back of continued optimism in the country’s economic […]
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Profit Taking Pulls Back PSEi to 4,800 Territory

Manila—(PHStocks)—Profit taking has pulled down the mainboard Philippine Stock Exchange index (PSEi) back to the 4,800 territory, with the index closing at 4,893.48 points at the end of trading day Thursday, 23 February. This is down by 0.83% from yesterday’s value, and by 1.03% from the 4,943.84 points registered on 20 February. On a sectoral […]
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PHStocks Week in Review: All Shook Up

While the brunt of the damage of the March 11 earthquake in Japan, which caused a tsunami that wiped out a coastal area and a nuclear crisis ongoing up to this day, was absorbed by the country, the whole world has felt its ripples, although at least not physically. Markets have reacted, supply chains were […]
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PH Stocks on a Slow Start

Local shares were off to a slow start this week, with the main board Philippine Stock Exchange index (PSEi) shedding 0.14% to close Monday at 3,918.7 points. The wider all-shares index likewise declined, losing 0.25% or 7.33 points to end trading day at 2,927.27 points. The Mining & Oil, Holding Firms and Industrials sectors, meanwhile, […]
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PHStocks Week in Review: Having a Break

The week that was could have been considered one solid rally for local shares, with PH stocks gaining steady growth for six consecutive days to go past the 3,900-point mark. The target was reached, but at the end of the week, the market retreated as if trading activity has reached the climax and everyone who’s […]
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Steady Growth for PH Stocks

The 3,900-point mark is getting closer and closer, as local shares continue gaining fueled by increasing investor confidence. The main board Philippine Stock Exchange index (PSEi) closed at 3,898.87 points, up 0.32% or 12.39 points, while the wider all-shares index gained 0.05% to end Tuesday at 2,925.63 points. The Holding Firms and Mining & Oil […]
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