Home Tags PSE

Tag: PSE

World’s most unloved stocks pummeled further by rate-hike fears

The problems keep piling up for Philippine stocks, the world’s worst performers this year. The Philippine Stock Exchange Index fell as much as 3.3% on...

Stocks snap three-day decline on Wall Street gains, bargain hunting

The local barometer for investor confidence snapped its three-day decline on Wednesday, April 18, fuelled by investors looking for bargains alongside optimism from global...

Stocks slide further on rising US-Russia tensions

The main index suffered another sell-off on Tuesday, April 17, weighed down by lingering concerns on the tensions surrounding the United States and Russia. The...

Stocks continue decline on jitters over US-led strike on Syria

Local shares fell on Monday, April 16, as investors stayed on the sidelines amid growing concerns on the United States’ attacks against Syria. The benchmark...

PSE proposes continued trading on special non-working days in NCR, gov’t...

THE PHILIPPINE Stock Exchange (PSE) is proposing an amendment to the trading day clause under the Revised Trading Rules to make it a policy...

Alliance Select gets SEC green light on equity restructuring

Alliance Select Foods International, Inc. (FOOD) secured the green light from the Securities and Exchange Commission to undergo an equity restructuring that would wipe...

Stocks bounce back as investors hunt for bargains

Shares bounced back past the 8,000 level on Tuesday, March 27, with investors going bargain hunting after the main index dipped below the record...

Down memory lane

For years, the Philippine Stock Exchange, Inc. (PSE) had two separate trading floors: one in PSE Tektite Building in Ortigas Center and another in...

Stock market loses more than P1.5 trillion in value since peak

By Krista Angela M. Montealegre National Correspondent A DEEP SELL-OFF has erased more than P1.5 trillion from the Philippine stock market’s value over the last two...

SEC fines PSE over ‘misleading’ disclosure

By Arra B. Francia, Reporter THE country’s corporate regulator has penalized the Philippine Stock Exchange (PSE) over an “inaccurate, incomplete, and misleading” disclosure on broker...

2TradeAsia: Making investing easy for everyone

By Romsanne R. Ortiguero At the onset of e-commerce in the country before the turn of the millennium, stock trading became more accessible to people with...

Stocks rebound on bargain hunting

Local markets recovered on Friday, March 16, from bargain hunting and performance of blue chips. The Philippine Stock Exchange Index (PSEi) closed at 8,238.15, during...

DM Wenceslao targets PSE listing by June

D.M. Wenceslao & Associates Inc. (DMWAI) looks to take the company public by June, after filing for a P15.6-billion initial public offering with the...

PSE removes inactive trading participants

The Philippine Stock Exchange, Inc. (PSE) has removed inactive trading participants as it works on complying with the single-industry cap on exchange ownership. In a...

Analysts on banks’ stocks: Aggressive purchase and hold at current levels

By Carmina Angelica V. Olano THE GROWTH of banking stocks during the quarter accelerated, an uptrend which analysts attribute to lenders’ impressive corporate earnings. For...

PSE can bring down broker ownership in March

THE Philippine Stock Exchange, Inc. (PSE) is confident it will finally be able to bring down broker ownership in the bourse to less than...

PSE confident of lowering broker ownership

The Philippine Stock Exchange, Inc. (PSE) is confident that it will finally be able to bring down broker ownership in the bourse to less...

PSE prices stock rights offer at a premium

THE Philippine Stock Exchange, Inc. (PSE) has priced its stock rights offer (SRO) at a premium, the underwriter of the deal said on Friday. BDO...

Stocks continue decline

Shares continued to decline on Friday, pulled down by index heavyweights unloaded by foreign investors. The 30-member Philippine Stock Exchange index lost 0.56% or 48.01...

PSE starts trading under one roof at new BGC office

By Dane Angelo M. Enerio The Philippine Stock Exchange, Inc. (PSE) opened its first trading day at its new headquarters in Bonifacio Global City (BGC)...

PSE confident of securing SEC nod for PDS takeover

THE Philippine Stock Exchange, Inc. (PSE) is positive it can secure clearance from the Securities and Exchange Commission (SEC) for its acquisition of the...

PSEi tops 9000 to finish at 2018’s 8th record high

By Arra B. Francia, Reporter AFTER days of flirting with the 9,000 level, the Philippine Stock Exchange index (PSEi) finally broke past this mark to...

Metrobank, BPI plan stock rights offers

TWO OF THE COUNTRY’S biggest banks are looking to conduct stock rights offerings (SRO) to fund their core business expansion and other operations. Metropolitan Bank...

RLC allowed to proceed with stock rights offering

PHILIPPINE Stock Exchange (PSE) has given Robinsons Land Corp. (RLC) the greenlight to proceed with a stock rights offering worth up to P20 billion. In...

Financial marts end 2017 on a high

By Arra B. Francia, Reporter and Karl Angelo N. Vidal THE country’s financial markets ended 2017 with a bang, with the Philippine Stock Exchange index...

PSE says Calata should have done more to protect investors

By Arra B. Francia, Reporter THE Philippine Stock Exchange (PSE) said delisted firm Calata Corp. could have opted to buy back the shares of minority...

Higher taxes seen to make PSE less competitive

By Arra B. Francia, Reporter FOREIGN INVESTORS may lose their interest in the Philippine Stock Exchange (PSE) once it raises stock transaction taxes (STT) in...

PSE to take over DW Capital brokerage

THE Philippine Stock Exchange, Inc. (PSE) said it had been mandated to take over the operations of stock brokerage firm DW Capital, Inc. as...

PSE Q3 profit triples after selling Tektite offices

THE Philippine Stock Exchange, Inc. (PSE) said its net profit tripled during the third quarter due to a one-off gain from the sale of...

PSE drafts guidelines for short selling transactions

THE Philippine Stock Exchange (PSE) is seeking public comments on its draft rules for short selling transactions, a mechanism that is already allowed under...

PSE approves Cirtek, 8990 share offerings

THE Philippine Stock Exchange (PSE) has given Cirtek Holdings Philippines Corp. and 8990 Holdings, Inc. the final approval to issue their respective preferred shares...

After delisting, Calata says PSE should review rules

By Arra B. Francia, Reporter CALATA CORP. said the Philippine Stock Exchange (PSE) should revisit its rules, saying its involuntary delisting should be a precedent...

PSE approves stock rights offering

THE PHILIPPINE Stock Exchange, Inc. (PSE) has canceled its previous plan of a public offering of up to 11.5 million shares in favor of...

Energy dep’t studying PSE electricity trading proposal

THE Department of Energy (DoE) is open to a proposal for the Philippine Stock Exchange (PSE) to operate a venue for trading electricity, the...

PSE eyes trading rule changes to allow uninterrupted operations

By Krista A.M. Montealegre, National Correspondent THE Philippine Stock Exchange (PSE) is tweaking its trading rules to keep the market open even when the Bangko Sentral ng...

PSE moving to woo China investors

THE PHILIPPINE STOCK EXCHANGE (PSE) is wooing the Shenzhen Stock Exchange to secure a minority interest in the local bourse -- a move that...

Bourse rejects Calata’s plan to spin off assets

By Krista A. M. Montealegre, National Correspondent THE Philippine Stock Exchange (PSE) rejected the move of delisting-bound Calata Corp. to spin off its assets, but signaled...

Uniwide to be delisted Oct. 26 over disclosure violations

UNIWIDE Holdings, Inc. will be delisted from the Philippine Stock Exchange (PSE) on Oct. 26, 2017, the bourse said, citing the outcome of an...

PSE acquires Philam’s 4% stake in PDS for P80 million

THE Philippine Stock Exchange, Inc. (PSE) has once again raised its stake in the Philippine Dealings System Holdings Corp. (PDSHC), after acquiring The Philippine...

Competition watchdog says PSE withdrew notice for PDS merger

By Arra B. Francia, Reporter THE country’s competition watchdog on Wednesday said the Philippine Stock Exchange (PSE) has withdrawn the notification for a review of...

EDC Goes Private: What Happens Next?

AS EVERYONE probably knows by now, Energy Development Corporation (EDC) is being privatized. Philippine Renewable Energy Holdings Corporation (PREHC) is bidding for as much...

PSE further hikes stake in fixed-income exchange

THE PHILIPPINE Stock Exchange, Inc. (PSE) has further increased its stake in the country’s fixed-income bourse with the acquisition of Investment House Association of...

SEC probe into alleged P2.6-billion unauthorized trading begins next week

THE Securities and Exchange Commission (SEC) has formally launched a probe into an alleged P2.6-billion unauthorized trading by brokerage DW Capital, Inc. (DWCI), with...

Headwinds greet debut of Chelsea

By Arra B. Francia GENERAL OPTIMISM over the country’s logistics sector failed to sustain Chelsea Logistics Holdings Corp.’s (CLC) early gains during its debut on...

Chelsea Logistics kicks off IPO on strong note

By Krista Angela M. Montealegre National Correspondent CHELSEA LOGISTICS Corp. (CLC) kicks off the offer period for its P5.8-billion initial public offering (IPO) today with strong...