Philippine Stock Exchange - updates

Rappler's latest stories on Philippine Stock Exchange

ARTICLE FINDER

PSEi breaks into bull market territory, closes at 8,365

Jul 15, 2019 - 5:45 PM

The Philippine Stock Exchange index finally enters the bull market, but don't expect it to soar to 9,000 just yet

Stocks to Watch: 3 property stocks to consider buying

Jul 15, 2019 - 9:30 AM

Buy, sell, or hold? Rappler's very first weekly stock outlook looks at 3 property companies, as the sector appears set for greater heights.

PSEi seen to finish strong at 8,500 in 2019

Jul 05, 2019 - 4:27 PM

Philstocks is bullish on Philippine stocks, but trims its forecast on the country's economic growth

Shutterstock photo


PSEi is ASEAN's 3rd best in 1st half of 2019

Jul 03, 2019 - 11:54 AM

The Philippine Stock Exchange index ends higher in the 1st semester of 2019, with foreign investors as net buyers

PSE kicks out Melco Resorts

Jun 10, 2019 - 4:15 PM

Melco Resorts is set to be delisted from the Philippine Stock Exchange on Tuesday, June 11, after failing to reach the minimum public float for over 6 months

PSE rolls out IPO subscription platform

Jun 03, 2019 - 5:20 PM

PSE EASy enables local small investors to subscribe to shares online whenever there is an initial public offering

Philippine stocks tumble as U.S.-China trade war heats up

May 14, 2019 - 5:20 PM

Analysts say the 2019 elections should have lifted Philippine stocks, but external factors caused a sell-off

PSEi reshuffle: Bloomberry in, Petron out

Feb 08, 2019 - 3:53 PM

PSE president and CEO Ramon Monzon says the changes reflect the 'dynamic changes in the company performance vis-à-vis the standards set by the exchange'

Philippine stocks finally climb to 8,000

Jan 14, 2019 - 5:15 PM

The Philippine Stock Exchange index closes at 8,024.14 points on Monday, January 14

Traders anticipate Santa Claus rally as PH stocks surge past 7,500

Dec 03, 2018 - 6:20 PM

A Santa Claus rally occurs when stock prices rise in the last weeks of December to early January

Red October in Philippine stocks, bleed to 6,800

Oct 11, 2018 - 5:12 PM

The Philippine Stock Exchange suffers 31 straight days of net foreign outflows and is down by 21.09% year-to-date

Philippine peso, stocks sink further

Sep 26, 2018 - 6:20 PM

The Philippine peso and the local bourse sink further on Wednesday, September 26, despite interest rate hike expectations

Philippine peso dips to fresh 13-year low, bloodbath at PSE

Sep 25, 2018 - 10:50 PM

The Philippine peso closes at P54.31 against the US dollar on Tuesday, September 25

Rappler Talk: Bulls, bears, and other beasts of the stock market

Jul 05, 2018 - 8:41 AM

Regina Capital managing director Luis Limlingan breaks down the basics of the stock market

#ThewRap: Things you need to know, July 4, 2018

Jul 04, 2018 - 11:45 AM

Hello! Here's a roundup of news you need to know this Wednesday.

President Rodrigo Roa Duterte salutes the Fallen Airman Monument after laying a wreath to honor the memory of the fallen airmen of the Philippine Air Force (PAF) during the 71st founding anniversary of PAF at the Multi-Purpose Gymnasium in Colonel Jesus Villamor Air Base (CJVAB), Pasay City on July 3, 2018. ROBINSON NIÑAL JR./PRESIDENTIAL PHOTO

Bad timing? DM Wenceslao limps in market debut

Jun 29, 2018 - 5:18 PM

Analysts agree that DM Wenceslao is a good company, but in a bad, bearish market

PSE to launch short selling

Jun 25, 2018 - 7:13 AM

Philippine Stock Exchange president and CEO Ramon Monzon is confident short selling will 'help improve liquidity in our market'

PSEi flirts with 6,900

Jun 22, 2018 - 8:46 PM

Jittery investors ask: Where is the bottom in the bear's lair?

Philippine stocks dive into bear territory

Jun 21, 2018 - 8:30 PM

With the current bloodbath in the local bourse, investors ask if it's a good time to buy cheap stocks

PSE, other Asian markets tumble amid U.S.-China trade war fears

Jun 18, 2018 - 6:15 PM

The Philippine Stock Exchange is down 2.5% on Monday, June 18, as the United States and China move closer to a trade war

SEC approves planned IPO of Del Monte Philippines

May 24, 2018 - 6:00 PM

The local unit of Del Monte Pacific Limited plans to sell 587.437 million secondary shares at an offer price of up to P29.88 per share

SEC approves planned IPO of DM Wenceslao

May 15, 2018 - 7:55 PM

The construction firm will offer 679.2 million common shares at an offer price of P22.90 per share

ASEANA CITY. The 204-hectare project of DM Wenceslao is a home to several entertainment, commercial, and residential establishments. Photo from www.dmwai.com

BPI posts flat net income of P6.25 billion in Q1 2018

May 07, 2018 - 5:30 PM

The listed Ayala-led lender remains less exposed to interest rate risk, as its holding in securities only increased by 2.3% to P309.95 billion from January to March this year

FLATTISH PERFORMANCE. Net income of BPI, the Philippines' 3rd largest bank in terms of assets, remains unchanged in the first quarter of 2018, from the P6.25 billion recorded in the comparable period a year ago. Photo by LeAnne Jazul/Rappler

Landbank offers Philippine Stock Exchange P472M for PDSHC stake

Apr 29, 2018 - 11:35 PM

The state-run bank takes another stab at gaining control of the country's bond trading market

Manila Pavilion operator's stocks plunge after fire

Mar 19, 2018 - 4:20 PM

Operations of the Waterfront Manila Pavilion Hotel & Casino are also suspended until 'proper clearances' are obtained from government regulators

The Waterfront Manila Pavilion Hotel & Casino is engulfed in thick smoke as firefighters battle a Task Force Bravo blaze during through the hotel at the corner of Maria Orosa and U.N. Avenue in Manila on March 18, 2018. Photo by Ben Nabong/Rappler

PH economy reverts to hot money outflows of $545 million in February

Mar 15, 2018 - 9:35 PM

The Bangko Sentral ng Pilipinas attributes the net outflows to investor concerns over the possibility of a US Federal Reserve rate hike

DM Wenceslao to make P15.5-billion debut on PSE

Mar 07, 2018 - 6:50 PM

The proceeds would be used mainly for commercial and residential projects at the Aseana City development in Parañaque City

PH starts 2018 with hot money net inflows of $162M

Feb 16, 2018 - 3:40 PM

The central bank attributes this to investor optimism over the passage of the first phase of the tax reform program, positive corporate earnings, and the expected infrastructure spending this year

PSE raises free float requirement for benchmark index

Feb 12, 2018 - 6:45 PM

Companies must meet the increased requirement to qualify for inclusion in the Philippine Stock Exchange index and for membership in the sector indices

RECOMPOSITION. Other than raising the public float requirement, PSE also implements other revisions to its policy on managing PSEi index to ensure it remains at par with global standards. Photo by AFP

Del Monte Philippines plans P16.7-billion IPO

Feb 06, 2018 - 3:21 PM

The local unit of fruit grower and canner Del Monte Pacific is the first company to file for an initial public offering (IPO) with the Securities and Exchange Commission this 2018

Philippine stocks log biggest single-day price drop in over a year

Feb 05, 2018 - 7:45 PM

Wall Street and Asian markets wobble, dragging Philippine stocks on Monday, February 5

BIG DROP. The bellwether Philippine Stock Exchange index (PSEi) on Monday, February 5 ends at 8,616 points, 2.21% or 194.75 points lower than that of Friday, February 2. Rappler file photo

PSEi breaks 9000 barrier for the first time

Jan 26, 2018 - 8:17 PM

The stock exchange ends trading on Friday, January 26 at 9,041.20 up 0.5% from the previous day to close at a record high

PSEI BREAKS 9000. Chart from https://www.facebook.com/PhStockExchange

PSE named Southeast Asia's best stock exchange again

Jan 08, 2018 - 8:00 AM

This is the 4th time in 5 years that the Philippine Stock Exchange has bagged the award

STILL THE 'BEST'. The Philippine Stock Exchange was recognized as the best stock exchange in Southeast Asia by an investment magazine. Brokers, traders and staff at the Philippine Stock Exchange. Photo by LeAnne Jazul/Rappler

Philippine stocks break 8,700 level to open 2018

Jan 03, 2018 - 4:30 PM

(UPDATED) Investors remain upbeat even as the 20% hike in stock transaction tax takes effect at the local bourse

Philippine stocks hit fresh all-time high on 2017's last trading day

Dec 29, 2017 - 7:44 PM

This is the 14th time the main index closed at an all-time high this 2017. For the year alone, the Philippine Stock Exchange index gained 25.1%.

ALL-TIME HIGH. The executives of Philippine Stock Exchange on Friday, December 29 celebrate last trading day of 2017. Photo from PSE Corporate Communications

Philippine peso strongest in 6 months, stocks break 8500 level

Dec 28, 2017 - 5:11 PM

Philippine peso and stocks finish on a strong note two days before trading takes a 4-day New Year break

Memorial park firm venturing into mass housing

Dec 28, 2017 - 3:40 PM

This comes after Golden Haven's intention to change its main line of business to real estate development from funeral and memorial parks

Foreign firms eyeing piece of San Miguel's food, beverage unit

Nov 22, 2017 - 5:10 PM

This is amid the San Miguel subsidiary's plan to sell up to 30% of its shares, earmarked at $3 billion, mainly through private placements

SHARE SALE. 'There are several big, foreign companies that are offering. We think we will sell 30% of our traditional business. That's around $3 billion,' Ramon Ang told reporters. Photo by Martin San Diego/Rappler

Philippine Stock Exchange officially orders Calata delisting

Nov 07, 2017 - 4:50 PM

As part of the process, the local bourse also orders Calata to conduct a tender offer to minority shareholders

PLAN B. Before the cryptocurrency plan, Calata was in talks to sell an 81% stake to Millennium Global, but the latter eventually backed out. Photo by Chrisee Dela Paz/Rappler

Shakey's income up despite more competitive scene

Nov 07, 2017 - 2:00 PM

The listed pizza chain is confident it will see another round of good sales growth as the Christmas season starts

BRANCHING OUT. Shakey's aims to grow more this year. File photo from Shakey's Philippines Facebook page

Lawmaker wants NBI, Ombudsman probe into SSS execs

Nov 01, 2017 - 4:18 PM

Makati City Representative Luis Campos Jr. wants the NBI, Ombudsman, and PSE to conduct its own probe into allegations that SSS executives used their posts to make personal profits in the stock market

SSS CONTROVERSY. Top officials of SSS are accused of using their jobs to make personal profit. File photo by Darren Langit/Rappler

Calata plans to convert shares to cryptocurrency amid delisting

Oct 30, 2017 - 9:35 PM

Amid its delisting saga, the embattled agribusiness firm presents its 'Plan B' to save itself following collapsed acquisition talks with Millennium Global

PLAN B. Before the cryptocurrency plan, Calata was in talks with listed Millennium Global to buy 81% stake in the agribusiness firm. Millennium, however, backed out from the plan. Photo by Chrisee Dela Paz/Rappler

Millennium Global backs out from buying into embattled Calata

Oct 24, 2017 - 5:15 PM

Calata no longer has the option to sell a majority stake to Millennium Global – its planned move in a bid to save itself from being delisted from the Philippine Stock Exchange

Calata rejects PSE's voluntary delisting proposal

Oct 17, 2017 - 8:15 PM

Calata Corporation says generating cash for the tender offer is 'grossly impractical' and that selling out to Millennium Global remains the best solution to prevent itself from being delisted

SAVE THE AGRIBUSINESS. Calata's open letter comes as response to the Philippine Stock Exchange's proposal to delist voluntarily on the condition that it will conduct a tender offer to small shareholders. Photo from the official website of Calata

Philippine Stock Exchange to amend trading rules

Oct 17, 2017 - 4:30 PM

This is to allow trading at the local bourse even on days when the operations of the Bangko Sentral ng Pilipinas or Philippine Clearing House Corporation are halted

HOLD OFF. The local bourse issues the proposed amendment after it halted trading on Monday, October 16 as Malacañang decided to suspend all classes and government work because of nationwide transport strike. Photo by Jay Directo/Rappler

PSE offers Calata voluntary delisting instead of selling out

Oct 16, 2017 - 9:30 PM

The Philippine Stock Exchange says Calata Corporation can voluntarily delist on the condition that it will conduct a tender offer to small shareholders

PROTECTING SHAREHOLDERS. As a neophyte member of the Philippine Stock Exchange, Calata Corporation admits it struggled to comply with all the rigorous requirements of corporate regulators. File photo

Transport strike shuts Philippine financial markets

Oct 15, 2017 - 9:40 PM

The Bangko Sentral ng Pilipinas suspends clearing operations, while the Philippine Stock Exchange suspends trading for Monday, October 16

Brokers, traders and staff at the Philippine Stock Exchange await the arrival of President Rodrigo Duterte. He is visiting the PSE for the first time and is the guest of honor in Phoenix Petroleum's 10th listing anniversary. Phoenix's President and CEO, Dennis Uy is Duterte's top campaign donor during the 2016 presidential polls.

Philippine stocks close above 8,400 in new milestone

Oct 12, 2017 - 7:05 PM

This is the Philippine Stock Exchange index's 4th milestone in just 31 trading days

What's next for PAL and its potential partner after P6-B settlement

Oct 10, 2017 - 7:25 PM

While PAL's stock has remained relatively steady throughout the saga, questions remain over how its talks with a potential strategic partner would be affected

This photo taken on January 26, 2016 shows tail sections of Philippine airlines (PAL) aircraft seen through heat haze while parked at the terminal II building of the Manila international airport. European plane-maker Airbus said February 17, 2016 it had won a 1.85 billion USD deal for the purchase of six A350-900s by Philippine Airlines (PAL), flag-carrier of one of Asia's fastest growing economies. AFP PHOTO / TED ALJIBE / AFP PHOTO / TED ALJIBE

Philippine stocks close above 8,300, track Wall Street gains

Oct 03, 2017 - 8:45 PM

'Investors continue to remain bullish about the prospects of the Philippine economy,' says Philippine Stock Exchange president and chief executive officer Ramon Monzon

FOLLOW SUIT. The Philippine Stock Exchange index (PSEi) on Tuesday, October 3 closes at an all-time high of 8,312.93, up by 56.65 points from Monday’s close. Image from PSE