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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BDO Secures PSE Approval for PhP60B Rights Offer

Makati—(PHStocks)—BDO Unibank Inc. (PSE: BDO) announced that the Board of Directors of the Philippine Stock Exchange (“PSE”), during its meeting on 14 December 2016, approved the listing of the new common shares to be issued from the Bank’s program to raise up to PhP60 billion (approximately $1.2 billion) in additional core capital through a stock […]
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SM Investments Sets Interest Rates for PhP15B Retail Bonds

Pasay—(PHStocks)—SM Investments Corp. (SMIC, PSE: SM) has set the coupon for its Peso-denominated Series G, 7-year retail bonds at 5.1590% p.a. SMIC will issue an aggregate principal amount of PhP15 billion of the Series G bonds, with an option to issue an additional amount of up to PhP5 billion. The bonds are scheduled to be […]
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SM Obtains SEC Approval for Retail Merger

Pasay—(PHStocks)—SM Investments Corp. (PSE: SM) reported today that the company has obtained the approval of the Securities and Exchange Commission for the merger of Sy family-owned specialty stores into SM Retail Inc. Under the terms of the deal, over 1,300 retail outlets will be folded into SM Retail in exchange for shares of stock in […]
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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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SM to Merge Related Retail Businesses into SM Retail

Pasay—(PHStocks)—The Board of Directors of SM Investments Corp. (PSE: SM) approved the merger of its retail arm, SM Retail Inc. (SM Retail) with several related retail companies, including Ace Hardware, SM Appliance Center, Homeworld, Our Home, Toy Kingdom, Watsons, Kultura, Baby Company, Sports Station and several other specialty stores. Together, they operate 1,374 outlets and […]
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PHStocks Exclusive: Top 40 Best Performing Stocks in 2015

Manila—(PHStocks)—Happy New Year! We are back again with our list of top performing stocks for the year. The year 2015 has marked another roller coaster ride for Philippine stocks. The Philippine Stock Exchange index dropped by 278.49 points or 3.85% to close the year at 6,952.08—the first time in six years that the index ended […]
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SM 9M 2015 Recurring Net Income Jumps 12%

Pasay—(PHStocks)—SM Investments Corp. (PSE: SM) reported a 7% growth in consolidated net income to PhP19.4 billion for the first nine months of the year. Excluding extraordinary items, recurring net income grew 12%. Consolidated revenues grew 7% to PhP206.2 billion for the period. “Our strong results year-to-date reflect our ongoing focus on delivering footprint expansion across the country and on driving […]
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