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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),…
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…
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…
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…
Consumer, gaming and infrastructure companies are expected to continue to drive the stock market’s growth in the next few years. Norman F. Go, BPI Securities Cebu Equities sales head, said this is based on their firm’s periodical…
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