Peso weakens further

Philippine Daily Inquirer 06/23/2022

The Philippine peso fell to its weakest closing level in almost to 17 years for the second day in a row on Wednesday, ending at P54.47 against the US dollar as the fallout from the war in…

A world of pain

Malou Guanzon Apalisok 03/15/2020

  That’s how businessmen called the fate of stock market traders as stock exchanges tumbled around the world reeling from the effects of coronavirus and the disease called Covid-19.  The stock traders’ description or prediction of the…

PSEi down 14.4% in dreadful week for stocks

Doris Dumalao-Abadilla 03/14/2020

The local stock barometer ended the worst week seen in recent history with a modest rebound after a roller-coaster ride on Friday that triggered a circuit-breaker for the second straight session. The Philippine Stock Exchange index (PSEi)…

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…

4 SSS execs relieved amid profiteering allegation

Inquirer.net 11/01/2017

The leadership of the Social Security System (SSS) on Wednesday reassigned four key officials involved in managing the pension fund’s P500-billion portfolio amid allegations that they had improperly benefited from their positions by trading personal stock market…

SEC clears Cebu Landmasters P3.8B IPO

PR 05/15/2017

CEBU Landmasters Inc. (CLI), Metro Cebu’s number 1 local housing developer, has obtained the Securities and Exchange Commission’s clearance for its P3.8 billion initial public offering to support its expansion plans. CLI has filed its application with…

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…

Cebu-based developer eyes PSE listing, IPO

Victor Anthony V. Silva 10/18/2016

A Cebu-based property developer is planning to open the company to the stock market and eventually issue an Initial Public Offering (IPO) for the company. Joe Soberano, chairman and chief executive officer of Cebu Landmasters, Inc. (CLI),…

Post-election euphoria lifts PSEi

05/11/2016

LOCAL stocks rallied strongly to end near the 7,400 mark on Wednesday, outperforming regional markets, as post-election day euphoria extended for a second day. The Philippine Stock Exchange index racked up 221.64 points or 3.09 percent to…

Stocks rebound

08/26/2015

Local stocks stabilized on Tuesday after Monday’s bloodbath as the slump in prices attracted selective bargain-hunting while risk appetite improved across the region. The Philippine Stock Exchange index gained 39.33 points or 0.58 percent to close at…

Biggest single-day plunge for PSEi wipes out gains

08/25/2015

The Philippine stock market yesterday saw its worst single-day drop in history as concerns over China’s economy and the slump in commodity prices triggered a bloodbath across global markets. The Philippine Stock Exchange index (PSEi) plunged 6.7…

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