AboitizPower Subsidiary Starts Construction of Toledo Power Plant

Manila–(PHStocks)–Therma Visayas Inc., a subsidiary of Aboitiz Power Corp. (AboitizPower, PSE: AP) and Vivant Corp. (PSE: VVT), announced the commencement of the construction of its 340MW thermal power plant in Toledo City, Cebu. The power plant, which will have a net capacity of 300MW is scheduled for completion in early 2018 . The notice to proceed […]
Continue reading…

 

PHStocks Exclusive: Top 50 Stock Price Gainers in November

Manila—(PHStocks)—The Philippine economy grew by 5.3% for the third quarter; lower than most analysts’ expectations, and down from 6.4% in the previous quarter. Nevertheless, investors local and abroad remained optimistic of the Philippine stock market, driving up the local stock barometer in the positive side during the last trading day of November. The PSE index […]
Continue reading…

 

PH Stocks Bounce Back

Manila—(PHStocks)—Local stocks recover on Friday, 28 November, as investor appetite returned after the sellout in the previous day due to profit taking and the lower-than-expected GDP crowth for the country. The Philippine Stock Exchange (PSE) index went up by 0.4% or 29 points to finish the month’s trading at 7,294.38. Most counters were back in […]
Continue reading…

 

Lower-than-forecast GDP Growth Halts PH Stocks’ Rally

Manila—(PHStocks)—Philippine stocks retreated anew on Thursday, 27 November, as investors soured on the market after a lower-than-expected third-quarter GDP results. According to the Philippine Statistics Authority – National Statistical Coordination Board, the Philippine economy grew by 5.3% for the third quarter of this year from last year. This is lower than the 6.4 percent growth […]
Continue reading…

 

PSEi Flat Despite Brisk Trading

Manila—(PHStocks)—The Philippine Stock Exchange (PSE) index finished almost flat Thursday, 20 November, despite brisk trading valued at PhP21.1 billion. The PSEi was down by 0.007% or just 0.54 points, closing at 7,268.95. The indices were likewise little changed. The Holding Firms segment shed 0.21%—the biggest for today on sector basis, the the gainers were led […]
Continue reading…

 

PH Stocks Down on Selloff

Manila—(PHStocks)—Philippine stocks declined Thursday, 13 November, as investors locked in their gains after two days of rally. The Philippine Stock Exchange (PSE) index slid by 0.47% or 34.24 points to close at 7,198.63. All counters except for the Industrials (+0.07%) were down, but minimally. Related Articles:Profit Taking Pulls Back PH StocksPH Stocks Bounce BackPH Stocks […]
Continue reading…

 

PHStocks Exclusive: Top 50 Stock Price Gainers in September

Manila—(PHStocks)—Another month of trading has ended. Despite continuous volatility in the global market, most investors remain bullish in stocks. In the Philippine stock market, below are the top price performers for the month of September. Related Articles:PHStocks Exclusive: Top 50 Stock Price Gainers in AugustPHStocks Exclusive: Strongest Stocks for SeptemberPHStocks Exclusive: Top 50 Gainer for […]
Continue reading…

 

PH Stocks Edge Higher

Manila—(PHStocks)—The mainboard Philippine Stock Exchange (PSE) index ended today’s trading at 7,265.36 points, up by 0.06% or 4 points. The Industrial sector went up by 1.5% while the Holding Firms gained 0.74%. The Services index suffered a 2.06% drop and the Mining and Oil segment slid by 0.65% The wider All-Shares index, meanwhile, ended almost […]
Continue reading…