Philippine Stock Exchange

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

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Philippine stocks: Gainers, losers, market-moving news – January 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

Peso-dollar exchange rate – January 17, 2022

Rappler.com

Manila Water’s P8-billion Pangasinan water project breaks ground

Manila Water Company and the provincial government of Pangasinan signed a concession agreement and broke ground for an P8-billion bulk water supply project.

For the next 25 years, Manila Water, through its subsidiary Manila Water Philippine Ventures (MWPV), will build infrastructure which will source water from the Agno River and add some 200 million liters of water per day to Pangasinan households.

Find out which cities and municipalities will benefit here.

Ralf Rivas

Most active stocks and PSEi closing – January 17, 2022

Rappler.com

Most active stocks and PSEi closing – January 14, 2022

Rappler.com

Most active stocks and PSEi closing – January 13, 2022

Peso-dollar exchange rate – January 12, 2022

Most active stocks and PSEi closing – January 12, 2022

Watch for inflation plays, election spending in picking stocks for 2022 – FMIC

Inflation and elections are among the factors that investors should look at closely to post the most gains in 2022, said Metrobank’s investment arm First Metro Investment Corporation (FMIC).

In a briefing on Tuesday, January 11, FMIC head of research Cristina Ulang said corporate profits are projected to bounce back this year, with earnings per share growth hitting 35%. 

Given that, an upside of 13% to 15% is seen for the Philippine Stock Exchange index, or levels reaching around 7,900 to 8,100.

Check out FMIC’s stock picks here.

Ralf Rivas

Omicron forces PSE to shorten trading hours

The Philippine Stock Exchange will revert to shortened trading hours from January 14 to 31 due to the surge in COVID-19 cases, which is believed to be driven by the highly transmissible Omicron variant.

Market close will be at 1 pm.

Ralf Rivas

Peso-dollar exchange rate – January 11, 2022

Rappler.com