stocks - updates

Rappler's latest stories on stocks

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Resorts World operator to delist from PSE on October 21

Oct 14, 2019 - 5:45 PM

Travellers International buys back its shares at just P5.50 apiece, much lower than its IPO price of P11 back in 2013

AllHome gets relatively warm welcome, gains 0.5% on PSE debut

Oct 10, 2019 - 7:20 PM

The initial public offering of AllHome, owned by richest Filipino Manny Villar, is the biggest listing on the Philippine Stock Exchange since 2016

Hong Kong Stock Exchange drops bid for London rival

Oct 08, 2019 - 3:20 PM

Hong Kong Exchanges and Clearing Limited says it is 'disappointed' to pull its bid for the London Stock Exchange Group

STOCKS BOOSTED. (L-R) The flags of the Hong Kong Stock Exchange, China, and Hong Kong are seen flapping in the wind on May 6, 2019. File photo by Anthony Wallace/AFP

Axelum falls over 6% on opening day, but points to 'long-term play'

Oct 07, 2019 - 6:00 PM

On its listing day, Axelum becomes 'collateral damage' in an uncertain market environment

Stocks to Watch: Axelum in a nutshell

Oct 07, 2019 - 9:00 AM

Going nuts over Axelum's listing on the main board of the Philippine Stock Exchange on Monday, October 7? Get to know the coconut products manufacturer here.


Hong Kong Stock Exchange unveils shock $40-billion bid for London rival

Sep 11, 2019 - 10:05 PM

Hong Kong Exchanges and Clearing Limited says its proposed merger with the London Stock Exchange Group 'represents a highly compelling strategic opportunity'

Photo from Shutterstock

Fruitas files for P1.2-billion IPO

Sep 09, 2019 - 4:55 PM

Fruitas plans to offer shares priced P1.99 each at most by November 2019

Manny Pangilinan's hospital chain plans stock market debut

Sep 04, 2019 - 8:30 PM

Metro Pacific Hospital Holdings Incorporated proposes to sell at a maximum of P182 per share

Hong Kong stocks surge after extradition bill withdrawal reports

Sep 04, 2019 - 3:25 PM

The Hang Seng index leaps more than 3% in afternoon trade on Wednesday, September 4

STOCKS DOWN. (L-R) The flags of the Hong Kong Stock Exchange, China, and Hong Kong are seen flapping in the wind on May 6, 2019. File photo by Anthony Wallace/AFP

PSE approves AllHome, Axelum IPOs

Aug 28, 2019 - 7:30 PM

AllHome is set to be offered at a maximum price of P16 per share, while Axelum's price is at most P6.81. The offer period starts September 2019.


Stocks to Watch: ABS-CBN, GMA earnings

Aug 19, 2019 - 9:30 AM

Are you a Kapamilya or a Kapuso? We look into their financials to check which company has earned and grown more over the years.


Resorts World Manila operator voluntarily delists from PSE

Aug 14, 2019 - 5:35 PM

Travellers International says its conversion from a public entity into a private company will allow it to address 'evolving market demands' without compromising business strategies

Stocks to Watch: China's war vs POGOs hits properties

Aug 12, 2019 - 9:30 AM

Properties hit the jackpot when online gambling flourished in Metro Manila. Just how colossal will the impact be if POGOs suddenly go away?


Stocks to Watch: Oh, ghost! Should investors be scared?

Aug 05, 2019 - 9:30 AM

Oh, ghost! August. Get it? It's that month where superstitious investors hide.


First Metro sees bulls in H2 2019

Aug 01, 2019 - 2:40 PM

With inflation slowing down and government spending expected to improve, bulls are expected to roam the stock market


Stocks to Watch: Jollibee in charts

Jul 29, 2019 - 9:30 AM

It's not just Chickenjoy: Jollibee is also selling cakes, burgers, pho, and now, more coffee. Can it brew Coffee Bean back to profit?

Kepwealth Property gets nod for IPO in August 2019

Jul 25, 2019 - 5:45 PM

Philippine Stock Exchange president Ramon Monzon hopes Kepwealth's move will encourage other companies that pushed back their initial public offering plans

Stocks to Watch: Waiting game for infrastructure

Jul 22, 2019 - 9:30 AM

The infrastructure boom is not quite here yet, and that may be good for patient investors

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.

Rice stocks increase to 2.598 million MT in June 2019

Jul 11, 2019 - 9:40 PM

The Philippines' rice stocks as of June 1 are deemed sufficient for 81 days

Farmers in North of Manila were looking forward to a good harvest this year . Pangasinan is the country’s third biggest rice producer, next to Nueva Ecija and Isabela provinces. But Farmers here was worried Price of palay.Photos by Mau Victa/Rappler

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

Tech firm Slack to make market debut, at $26 reference price

Jun 20, 2019 - 7:30 PM

The arrival of Slack – which markets online tools for information sharing and workflow management – to the New York Stock Exchange underscores investor hunger for new companies in spite of some high-profile stumbles

SLACK. Slack's headquarters on April 02, 2019 in San Francisco, California. Photo by Justin Sullivan/Getty Images North America/AFP

UK shares list in China, a first for foreign firms

Jun 18, 2019 - 3:05 PM

The launch of the London-Shanghai Stock Connect marks 'the first time that any foreign company will be able to list in mainland China'

Britain's Chancellor of the Exchequer Philip Hammond (C) and Chinese Vice-Premier Hu Chunhua (C-R) applaud after the opening of the markets at the London Stock Exchange in London on June 17, 2019. (Photo by HENRY NICHOLLS / POOL / AFP)

Hong Kong stocks rally after extradition law U-turn as Asian markets bounce

Jun 17, 2019 - 11:23 PM

Investors are also moving cautiously ahead of two huge market-moving events: the Federal Reserve policy meeting and the G20 summit next week

EXTRADITION BILL. A protester marches with a placard during a rally against a controversial extradition law proposal in Hong Kong on June 9, 2019. File photo by Philip Fong/AFP

Hong Kong stocks tumble as city hit by protests

Jun 12, 2019 - 10:20 PM

Banks listed on Hong Kong's Hang Seng Index take a hit, with some announcing the closure of branches near protest areas

(L-R) The flags of the Hong Kong Stock Exchange, China and Hong Kong are seen flapping in the wind on May 6, 2019. (Photo by Anthony WALLACE / AFP)

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

Rice stocks hit 2.63 million metric tons in April 2019

May 13, 2019 - 5:35 PM

Household stocks still contribute the biggest share to the Philippines' total rice inventory despite a 14.4% drop from a year ago

Farmers in North of Manila were looking forward to a good harvest this year . Pangasinan is the country’s third biggest rice producer, next to Nueva Ecija and Isabela provinces. But Farmers here was worried Price of palay.Photos by Mau Victa/Rappler

Rice inventory grows to 2.22 million MT in March

Apr 10, 2019 - 4:15 PM

Rice stocks are still increasing from a year ago despite the weak El Niño causing damage to crops early this year

Musuan Field - rice fields near Musuan Peak in Valencia Bukidnon. the Department of Agriculture has reported 8 million pesos losses in Rice farms in Bukidnon as a weak El Niño affects much of Northern Mindanao. the effect of the weather phenomena is expected to last until August this year. warmer ocean temperature results in way below average rainfall across the Philippines. Photo by Bobby Lagsa/Rappler

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

Apple warning pummels markets worried about growth outlook

Jan 04, 2019 - 9:37 AM

Apple cites steeper-than-expected 'economic deceleration' in China and emerging markets for cutting its revenue outlook for the latest quarter

TIM COOK. Apple CEO Tim Cook at the Worldwide Developers Conference keynote on June 4, 2018. Screenshot from livestream.


Tokyo stocks dive more than 5% on fears over U.S. economy

Dec 25, 2018 - 9:31 AM

(UPDATED) The Nikkei 225 index dips below the 20,000 level for the first time since September 2017

Pinterest planning 2019 stock market debut – report

Dec 20, 2018 - 2:55 PM

It boasts more than 250 million monthly active users, with most of those 'pinners' outside the United States

PINTEREST. Screen shot from YouTube video.


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

[ANALYSIS] Why is the PH stock market among world’s worst?

Oct 24, 2018 - 9:42 AM

A climbing index signals general optimism among buyers and sellers of stocks, whereas a dropping index signals general pessimism

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

U.S. regulators charge Tesla CEO Elon Musk with fraud

Sep 28, 2018 - 11:37 AM

The SEC says Musk's statements on going private were 'false and misleading' and that he had never discussed the plans with company officials or potential funders

MUSK. Tesla Motors CEO Elon Musk speaks at a press conference during the 67th International Astronautical Congress in Guadalajara, Mexico on September 27, 2016. Photo by Hector Guerrero/AFP


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

Amazon hits trillion-dollar milestone with focus on the long game

Sep 05, 2018 - 12:06 AM

(UPDATED) Early gains lifts Amazon's value to $1 trillion only briefly, with the final close at $2,039.51 giving it a value of $995 billion

AMAZON. An Amazon logo is seen inside the Amazon corporate headquarters on June 16, 2017 in Seattle, Washington. File photo by David Ryder/Getty Images/AFP

Trump predicts stock market would crash if he were impeached

Aug 24, 2018 - 11:38 AM

'I'll tell you what, if I ever got impeached, I think the market would crash. I think everybody would be very poor,' says President Donald Trump

IMPEACHMENT? In this file photo, US President Donald Trump speaks to reporters at Trump International Golf Club in West Palm Beach on January 14, 2018. File photo by Nicholas Kamm/AFP

Japan overtakes China as world's no. 2 stock market

Aug 03, 2018 - 1:09 PM

Data from Bloomberg News in intra-day trade on Friday, August 3, show Chinese stocks are worth $6.09 trillion, compared with $6.17 trillion in Japan. The US market is worth $31 trillion.

WORLD'S SECOND STOCK MARKET. A man walks past a stock indicator showing share prices on the Tokyo Stock Exchange (L) and New York Dow Jones closing numbers (R) in Tokyo on July 23, 2018. File photo by Kazuhiro Nogi/AFP

Apple shines in history-making style, despite some bruises

Aug 03, 2018 - 10:03 AM

Apple's strict stance on protecting user privacy solidifies their reputation – especially during in an era when data privacy issues have become humongous concerns

TIM COOK. Apple CEO Tim Cook looks on during a visit of the shopfitting company Dula that delivers tables for Apple stores worldwide in Vreden, western Germany, on February 7, 2017. File photo by Bernd Thissen/AFP


These tech giants are the world's top 5 in stock value

Aug 03, 2018 - 9:46 AM

Apple leads in the profits column by a mile with $48.4 billion in 2017. Microsoft comes in at a far second with $16.6 billion in its 2018 fiscal year, and Facebook at third with $15.9 billion


U.S. tech stocks continue to slide on weak day for global equities

Jul 31, 2018 - 1:07 PM

Shares of Facebook, Netflix, Amazon and Google-parent Alphabet all continue to decline since Facebook signaled slower growth last week

TECH STOCKS. People are reflected in the window of the Nasdaq MarketSite in Times Square on July 30, 2018 in New York City. As technology stocks continued their slide on Monday, the Nasdaq Composite dropped 1.1 percent in afternoon trading with shares of Facebook, Netflix, Amazon and Google-parent Alphabet all declining. Photo by Spencer Platt/AFP


Shares in China's Xiaomi fall on Hong Kong debut

Jul 09, 2018 - 10:38 AM

Known for their budget phones, the Chinese tech giant stumbles as it debuts in Hong Kong's stock market

COMEBACK. A Xiaomi phone on display in the Philippines where it relaunched in March 2018. Photo by Kyle Chua/Rappler