Philippine Stock Exchange

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

DEVELOPING / UPDATED
Philippine stocks: Gainers, losers, market-moving news – December 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 – December 13, 2022

Rappler.com

Most active stocks and PSEi closing – December 13, 2022

Rappler.com

Emperador Properties to list on Spain’s stock exchange

Ralf Rivas

Andrew Tan’s Emperador Properties got regulatory approval to list on Spain’s BME Growth Stock Exchange.

Emperador Properties has three assets in Spain, which include two properties in Madrid, at 57 storeys and 35 storeys, respectively, as well as a 23-storey building in Barcelona.

Emperador Properties said the listing gives it a “bigger platform to achieve a more efficient financing mechanism to increase its capacity of capturing more real estate resources to finance its future growth.”

“Additionally, the company aims to provide a liquidity mechanism for shareholders, and to facilitate a new system for objective valuation of shares, increasing both the company’s visibility and transparency compared to third parties,” it said.

Most active stocks and PSEi closing – December 12, 2022

Rappler.com

Most active stocks and PSEi closing – December 9, 2022

Rappler.com

China Bank names new president

Rappler.com

China Banking Corporation senior executive vice president and COO Romeo Uyan Jr. will replace China Bank president and CEO William Whang when the latter retires in March 2023.

Uyan joined the bank in 2014 and helped establish the China Bank Capital Corporation, which was recognized as the Best Bond Adviser-Domestic by The Asset from 2016 to 2021. He is a seasoned investment banker with more than two decades of experience in top multinational investment houses in the Asia Pacific.

Uyan concurrently sits in the boards of China Bank Capital and China Bank Securities Corporation as vice chairman, and Resurgent Capital Incorporated as chairman.

Meanwhile, under Whang’s leadership, China Bank was recognized as the 2021 Best Bank in the Philippines by The Asset. It was also the Top 4 private universal bank in the country as of the second quarter of 2022.

“The Board recognized and expressed its gratitude and appreciation to Mr. Whang for his performance, dedication and loyalty, and for providing consistent and strong leadership and stewardship towards the bank’s sustained strong growth even amid the pandemic,” China Bank said in a disclosure to the Philippine Stock Exchange.

Most active stocks and PSEi closing – December 7, 2022

Rappler.com

Higher electricity rates seen as San Miguel ends deal with Meralco

Ralf Rivas

With San Miguel unilaterally terminating the power supply agreement, Meralco is now likely to turn to the open market.

Read more.

PH unemployment rate eases to 4.5% in October 2022

Rappler.com

Most active stocks and PSEi closing – December 6, 2022

Rappler.com