AboitizPower Subsidiary Starts Full Commercial Operations

Taguig—(PHStocks)—Aboitiz Power Corp. (AboitizPower, PSE: AP) has announced that wholly owned subsidiary Therma South Inc.’s (TSI) Unit 2 started full commercial operations February 2, 2016. TSI is the project company for the construction of the 2 x 150MW base-load power plant in Barangay Binugao, Toril District, Davao City, and Barangay Inawayan, Sta. Cruz, Davao del Sur. Related Articles:AboitizPower […]
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AboitizPower Declares Full Commercial Operations of Davao Baseload Power Plant

Taguig—(PHStocks)—Aboitiz Power Corp. (AboitizPower, PSE: AP) subsidiary, Therma South Inc. (TSI), has declared commercial operations starting February 2, 2016 of the second unit of its Davao Baseload Power plant. Unit 2 will add another 150MW (130MW net) to the Mindanao grid. TSI earlier declared commercial operations of its first 150MW (130MW net) unit last September 18, 2015, allowing […]
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Just So You Know (Changes in Listed Company Names)

I am sure most of you already know this, but for the sake of those who may be a bit confused as to why they are no longer seeing some companies/stock tickers at the Philippine Stock Exchange (PSE), here are some of the changes that I’ve tracked this year: 8990 Holdings Inc. (PSE: HOUSE) – […]
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China Manufacturing Data Pushes Up PH Stocks

Manila—(PHStocks)—Philippine stocks recovered Monday, 23 September, buoyed by a better-than-expected China manufacturing data. The benchmark Philippine Stock Exchange index (PSEi) went up by 0.83% to close the day’s trading at 6,477.94. All counters are back in the green, led by the Property index, which posted a 1.02 gain after last week’s profit taking. The Services […]
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PH Stocks Succumb to New Round of Profit Taking

Manila—(PHStocks)—Philippine stocks take a breather on Friday, 20 September, as investors lock in their gains after the surge in the market on Thursday due to the U.S. Federal Reserve’s announcement that they will maintain their $85 billion bond-buying program. The benchmark Philippine Stock Exchange index (PSEi) ended 1.34% lower to 6,424.45, dragged down by International […]
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PH Stocks Take Pause on Profit Taking

Manila—(PHStocks)—Philippine stocks take a breather on Wednesday, 18 September, as investors lock in their gains. The benchmark Philippine Stock Exchange index (PSEi) shed 10.18 points or just 0.16% to close today’s trading at 6,333.96 – maintaining its foothold at the 6,300 level. On sectoral basis, the Financials led the gainers, posting a 0.95% increase, while […]
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PH Stocks Sustain Steady Growth

Manila—(PHStocks)—Philippine stocks extended their gains Tuesday, 17 September, driven by continued upbeat market sentiment in the U.S. stock market. The Philippine Stock Exchange index (PSEi) added 41.43 points or 0.66% to close the day’s trading at 6,344.14. Still, the Mining and Oil segment saw no signs of relief as investors continue to shy away from […]
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PH Stocks Take a Breather

Manila—(PHStocks)—Philippine stocks declined Friday, 19 July, as investors cash in on their gains after a rally the previous day. The Philippine Stock Exchange (PSE) index kept its hold on the 6,600 level, closing the week at 6,621.02, up by 0.41%. Only the Mining and Oil (+0.57%) and Holding Firms (+0.06%) managed to eke out gains. […]
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