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

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Philippine stocks: Gainers, losers, market-moving news – August 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?

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LATEST UPDATES

Most active stocks and PSEi closing – August 17, 2022

Dennis Uy’s Dito CME bleeds P15.4 billion, brushes off debt jitters

Ralf Rivas

Dito CME has short-term loans amounting to $1.3 billion or around P72 billion. The company is optimistic that it can grow out of its debt and arrange long-term loans.

Read more.

Peso-dollar exchange rate – August 16, 2022

Rappler.com

Most active stocks and PSEi closing – August 16, 2022

Rappler.com
Must Read

Fernando Zobel de Ayala takes medical leave

Fernando Zobel de Ayala takes medical leave

Peso-dollar exchange rate – August 15, 2022

Rappler.com

Most active stocks and PSEi closing – August 15, 2022

Rappler.com
Must Read

Philippines’ poverty incidence rises to 18.1% in 2021

Philippines’ poverty incidence rises to 18.1% in 2021

PH poverty incidence rises to 18.1% in 2021

Rappler.com

Jollibee profits soar 351%

Ralf Rivas

Jollibee Foods Corporation saw its profits grow 351% to P5.1 billion in the first half of 2022, as COVID-19 restrictions eased.

System-wide sales jumped 35.4% to P133.1 billion from January to June.

“We are pleased with our strong top line growth led by our Philippine business which delivered better-than-expected sales for the second quarter and got back to its pre-pandemic sales level,” said Jollibee chief executive officer Ernesto Tanmantiong.