stock markets

Philippine stocks: Gainers, losers, market-moving news – April 2022

DEVELOPING / UPDATED
Philippine stocks: Gainers, losers, market-moving news – April 2022

WHAT YOU NEED TO KNOW

Buy, sell, or hold? Who are the top gainers? How about the biggest losers? Are the bulls winning over the bears? Which company is going public next?

Bookmark and refresh this page for the latest news and analysis on stock market movers, corporate and financial news, business deals, and the economy in the Philippines.

LATEST UPDATES

Peso-dollar exchange rate – April 29, 2022

Rappler.com

BSP sees April inflation exceeding target

Economists of the Bangko Sentral ng Pilipinas (BSP) see inflation hitting 4.2% to 5% in April, beyond the 2% to 4% target band of the government. Inflation hit 4% in March

“Higher electricity rates in Meralco-serviced areas, increased domestic petroleum prices, as well as higher meat and fish prices are the primary sources of inflationary pressures during the month. Inflation pressures will also emanate from positive base effects,” the BSP said.

The central bank added that inflationary pressures could be offset in part by lower prices of fruits and vegetables and the broadly stable peso.

Ralf Rivas

Most active stocks and PSEi closing – April 29, 2022

Rappler.com

Ex-finance chief Cesar Purisima joins Ayala board

Former finance secretary Cesar Purisima joined the board of directors of Ayala Corporation, the company announced at its annual stockholders’ meeting on Friday, April 29.

Purisima served as the finance secretary during the Aquino administration from 2010 to 2016. It was during this time that the Philippines received its first investment grade rating.

Former Singtel group chief executive officer Chua Sock Koong also joined the Ayala board. Chua is currently the deputy chair of Singapore’s Public Service Commission.

Purisima and Chua take the seats of outgoing directors Keiichi Matsunaga and Antonio Periquet, who had been part of the board since April 2017 and September 2010, respectively.

Ralf Rivas

Most active stocks and PSEi closing – April 28, 2022

Peso-dollar exchange rate – April 27, 2022

Rappler.com

Most active stocks and PSEi closing – April 27, 2022

Most active stocks and PSEi closing – April 26, 2022

Peso-dollar exchange rate – April 26, 2022

Rappler.com

Peso-dollar exchange rate – April 25, 2022

Rappler.com