Stocks Decline on Profit Taking
Profit taking prevailed in the stock market yesterday, sending the benchmark Philippine Stock Exchange index lower by 66.42 points, or
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News
Index Seen Holding up Above 8,000
The Philippine Stock Exchange index may now have the momentum and the strength to stay above the 8,000 mark and
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URC and European Giant Intersnack Team-Up to Boost Oceania Operations
Universal Robina Corporation (PSE: URC), through its wholly owned BVI subsidiary URC Oceania Company Limited, has entered into a strategic
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Increased Share of Construction to Boost Megawide Net Income to Shareholders
Engineering and infrastructure conglomerate Megawide’s (PSE: MWIDE) net income attributable to shareholders is expected to improve in 2019, as construction
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Megawide Plans Counter Offer for NAIA Rehab…
Megawide (PSE: MWIDE), the listed engineering and infrastructure developer, may go against the country’s biggest conglomerates by submitting a counter
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Aboitiz Eyes Ventures in Renewable Energy
The Aboitiz Group is looking to have more concrete developments for its overseas expansion in its power business in the
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Market Retreats; Chelsea Climbs
Stocks retreated from a five-month high after a blockbuster US jobs report dashed hopes that the Federal Reserve would slash
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Stock Index Likely to Stay Above 8,000
The Philippine Stock Exchange index, the 30-company benchmark, is likely to firm up above the 8,000-point level on benign inflation
Read MoreEasing Inflation Builds Case for More Interest Rate Cuts
The Bangko Sentral ng Pilipinas (BSP) is expected to cut policy rates in August after inflation continued its downturn in
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Market Rebounds; FPH Advances
Stocks rebounded Friday ahead of closely watched US jobs data which could determine the next policy move by the Federal
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