PSEi poised to rebound to 8,200 in 2025

Meg J. Adonis 08/12/2024

Rising inflation in July has led Maybank Securities Inc. to push back its 12-month forecast of 8,200 for the Philippine Stock Exchange Index (PSEi) by a few months. Traders are now focusing on the Bangko Sentral ng…

PH shares down to 6,800 level amid economic uncertainties, rising debt

Meg Adonis 04/05/2024

MANILA — Philippine stocks stayed around the 6,800 level on Thursday due to investors grappling with more economic uncertainties, particularly the government’s rising debt. The Philippine Stock Exchange index or PSEi dropped by 0.54 percent, or 36.76…

The right time to invest

Isaiah Yu - @inquirerdotnet 03/11/2021

It was awfully quiet during dinner. I could see that my dad was burdened and had little sleep. He was staring at his untouched food, until he finally said, “Today at work, we had to cut costs…

Dito CME to gain control of telco biz in P68.4-B backdoor deal

Miguel R. Camus - Reporter / @miguelrcamusINQ 11/14/2020

Davao-based businessman Dennis A. Uy’s Dito CME Holdings Corp. is poised to take a controlling stake in Dito Telecommunity through layers of companies as the group reshuffles its shares in the telco startup backed by China Telecom.…

Cautious mood returns to the market; PSEi sheds points

Doris Dumlao-Abadilla 09/11/2020

The local stock barometer dipped on Thursday, September 10, 2020, as caution returned to the market after the sharp gains seen earlier in the week. The main-share Philippine Stock Exchange index (PSEi) declined by 30.45 points or…

Pandemic woes continue to push hot money out of PH markets

Daxim L. Lucas - Reporter / @daxinq 08/27/2020

MANILA, Philippines — Short term investments in local financial markets continued to leave the Philippines in July as investors repatriated their assets due to the economic uncertainties caused by the coronavirus pandemic, according to the latest data…

PSE suspends ABSCBN trading, GMA7 shares surge

Doris Dumlao-Abadilla - Reporter / @philbizwatcher 07/13/2020

Shares of GMA Network sizzled in morning trade after the Philippine Stock Exchange suspended trading on shares of shuttered broadcasting giant ABSCBN Corp. on Monday following the Congressional committee on legislative franchises’ denial of its application for…

The gift of investment this Yuletide season

PR 12/30/2017

THIS year, UTrade gives you another option to reward yourself from working hard – a gift that will be cherished and felt not only during the Christmas season or right after the holidays are over but even…

UTrade offers stock market investment for young professionals

Caryll Arcayan 04/03/2017

UTRADE, an online stock brokerage of Unicapital Securities, Inc. (USI) is offering free training for young professionals in Cebu who want to invest in the stock market. UTrade was launched in 2014, it equips young individuals with…

Trump jitters cause PSEi slide; PH bourse ’16 gains wiped out

11/14/2016

The local stock barometer has wiped out all gains earlier seen in the year, sliding to the 6,800 level as US policy risk arising from Donald Trump’s election as the new president escalated aversion to most emerging…

RFM reports P683-M net income for 3Q of 2016

PR 10/19/2016

Food and beverage company RFM Corporation reported a net income of P683 million for the first nine months of 2016, higher by 9 percent over the same period last year. Total revenues reached P8.73 billion, up by…

Cebu gov’t execs among top CPVDC stockholders

Victor Anthony V. Silva 10/18/2016

CURRENT and former government officials of Cebu City and Cebu province, businessmen and a Cebu cooperative are among the top stockholders of the Cebu Property Ventures and Development Corp. (CPVDC), the firm’s disclosure at the Philippine Stock…

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