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Investors load up on PXP Energy shares after lifting of exploration...

PXP ENERGY Corp. (PXP) shares soared last week as investors took positions following the government’s decision to lift the ban on oil and gas exploration in the West Philippine Sea and the company’s confirmation that it was in ongoing negotiations with a Chinese oil company on a joint oil and gas development in the contested waters.

ICTSI expansion turns investors bullish

EXPANSION plans of the company and optimism on global trade amid vaccine trials attracted market players to trade shares of International Container Terminal Service, Inc. (ICTSI).

Fourth telco hopes, company partnership boost NOW stock

THE MARKET saw renewed interest in NOW Corp. in hopes of the company being named the country’s fourth telco player as well as its partnership with Vietnam’s Viettel Business Solutions Corp. to offer information and communications technology (ICT) products and services in the Philippines.

Investors keen as Ayala Land eyes more bond offers

PROPERTY DEVELOPER Ayala Land, Inc. (ALI) became the eighth most active issue last week after it disclosed plans for more bond issuances to bolster its balance sheet, which coincided with an upbeat quarterly central bank home prices index report.

MerryMart shares rise after tie-up with FoodPanda on ‘dark grocery’

A PLAN between MerryMart Consumer Corp. and FoodPanda Philippines to launch a purely online grocery service in the country has driven the former’s stock activity last week.

Investors lukewarm on Jollibee Foods after FTSE rebalancing

JOLLIBEE FOODS CORP. (JFC) was one of the actively traded stocks last week after the rebalancing of a global index  while market players look for clues for the pandemic-battered company’s recovery.

Investors buy shares in Ayala unit on earnings, Infigen pull out

INVESTORS took positions on Ayala-led AC Energy Philippines, Inc. last week with analysts, attributing the move to market players digesting the earnings results released last month, as well as the divestment by an affiliate of its holdings in an Australian energy firm.

Bill shock fine sparks Meralco selling

MARKET players sold their shares in Manila Electric Co. (Meralco) after the power distributor was fined for failure to inform the consumers that their bills during the lockdown had been estimated.

Manila Water trading volume rises after billionaire takeover

AYALA CORP. was among the most actively traded stocks last week after the Philippine Competition Commission approved Philippine billionaire Enrique Razon’s takeover of unit Manila Water Co., Inc.

Investors buy Axelum shares as lockdown measures ease

MARKET PLAYERS snapped up Axelum Resources Corp. (AXLM) last week immediately after Metro Manila and surrounding areas returned to general lockdown, despite the coconut products exporter booking lower profit in the second quarter.

Index inclusion, market expansion plan boost Emperador share price

NEWS of Emperador, Inc.’s inclusion in the 30-member benchmark Philippine Stock Exchange index (PSEi) and its plan to expand to Latin America next year lifted the liquor manufacturer’s stock price last week.

Stronger-than-expected earnings prompt investors to snap up URC

UNIVERSAL ROBINA CORP. (URC) is one of the most actively traded issues last week as investors took notice of its resiliency despite the lockdowns in several areas of the country.

OUTLIER: 5G rollout, Duterte threat on telcos drive PLDT’s stock movement

MARKET PLAYERS reacted to news surrounding telecom giant PLDT, Inc. last week — namely, President Rodrigo R. Duterte’s renewed threats to close or expropriate telco firms if they do not improve on their services, and the announcement of PLDT subsidiary Smart Communications, Inc. to launch its fifth-generation (5G) service starting the end of July.

OUTLIER: Investors lukewarm on BPI after first-half earnings drop

INVESTORS rebalanced their positions on Bank of the Philippine Islands (BPI) last week after it released its first-half earnings report.

OUTLIER: ABS-CBN franchise rejection drives trade volume of rival GMA

NEWS of Philippine lawmakers rejecting the franchise application of ABS-CBN Corp. drove market players to take positions — and later profits — on the stock of rival GMA Network, Inc. last week.

OUTLIER: ALI declines as market braces for new round of lockdown

INVESTOR concerns over stricter lockdown dragged property stocks, making Ayala Land, Inc. (ALI) the third most actively traded stock last week.

OUTLIER: Investors lukewarm on Alliance Global as pandemic woes persist

INVESTORS remained lukewarm on Alliance Global, Inc. despite the diversified conglomerate’s report of a double-digit income growth last year as the pandemic cast a long shadow to its profitability this year.

OUTLIER: Grocery operator MerryMart gets merry debut and trading week

MERRYMART Consumer Corp. ended up as the most actively traded stock in the Philippine Stock Exchange (PSE) last week following its market debut on Monday.

OUTLIER: BDO Unibank investors take profit as gloomy prospects linger

ECONOMIC uncertainty brought about by the pandemic’s “new normal” prompted investors of BDO Unibank, Inc. to take profit, making it the fourth most actively traded issue last week.

OUTLIER: Profit taking drags Globe Telecom stock lower

PROFIT taking drove much of Globe Telecom, Inc.’s stock activity last week.

OUTLIER: Investors snatch up Puregold after earnings, MSCI inclusion

INVESTORS took positions on Puregold Price Club, Inc. last week with analysts attributing it to its earnings result and its addition to a global equity index.

Lockdown easing draws investors to SMIC

THE easing of lockdown restrictions such as the reopening of malls led to increased trading activity in the SM Investments Corp. (SMIC) stock last week.

Investors remain upbeat on Ayala Corp.

IMPROVED investor sentiment made Ayala Corp. one of the most actively traded stock in the exchange last week after President Rodrigo R. Duterte’s apology to the Zobel brothers earlier this month.

Investors keen on MPIC as stocks rise after Duterte apology

METRO Pacific Investments Corp. (MPIC) was among the companies whose stocks saw renewed investor interest after President Rodrigo R. Duterte’s apology to Manuel V. Pangilinan and the Zobel brothers over his remarks about the businessmen’s companies in recent months.

Security Bank earnings whet investors’ appetite

INVESTORS took positions on Security Bank Corp. last week after the release of its first-quarter earnings report.

Capex cut, dampened sentiment pull down Ayala Land shares

INVESTORS sold off Ayala Land, Inc. (ALI) shares last week after the property developer’s decision to cut capital expenditures (capex) for the year because of overall market weakness brought about by the coronavirus disease 2019 (COVID-19) pandemic.

Strong earnings, food prospects lift JG Summit

JG Summit Holdings, Inc. was among the most actively traded stock last week as investors took note of its robust earnings last year and positive sentiment on its food unit during the enhanced community quarantine (ECQ).

Investors pick up Jollibee stock on a bargain, but some see...

INVESTORS pounced on the Jollibee Foods Corp. stock last week as they took advantage of its attractive valuation following weeks of sell-offs.

PLDT ‘intact’ as pandemic boosts data services demand

PLDT, INC. was one of the most actively traded stocks last week as investors expected the company’s earnings to at least be sustained amid the enhanced community quarantine (ECQ) by way of higher demand for data services among households.

Panic selling pulls down SM Prime

PANIC SELLING among investors prevailed during the shortened trading week amid continued pandemic uncertainty, making Sy-led SM Prime Holdings, Inc. one of actively traded issues last week.

BDO Unibank not spared by last week’s massive sell-off as investor...

INVESTORS, spooked by the coronavirus disease 2019 (COVID-19) pandemic, prompted massive sell-offs, making BDO Unibank, Inc. one of the most actively traded issues last week.

MPIC shares climb as earnings results outweigh uncertainties

INVESTORS continued to take positions on Metro Pacific Investments Corp. (MPIC) stock last week following the release of the company’s annual earnings results late last month.

POGO crackdown, virus weigh on Megaworld stock

THE CRACKDOWN on Philippine offshore gaming operators (POGOs) by both Philippine and Chinese governments, coupled with the outbreak of the new coronavirus disease 2019 (COVID-19), led investors to sell their shares in Megaworld Corp.

Investors sell MacroAsia shares after award of Sangley airport project

INVESTORS sold MacroAsia Corp. shares following news of the company, along with its Chinese partner China Communications Construction Co. Ltd. (CCCC), being awarded the contract to develop Sangley airport in Cavite.

Negative investor sentiment pulls down ISM’s share price

INVESTORS sold off ISM Communications Corp. shares last week with analysts attributing the movement to overall negative market sentiment as well as news on Dito Telecommunity Corp.’s possible delay in its commercial operations.

Razon entry drives Manila Water trade volume

NEWS of tycoon Enrique K. Razon, Jr. buying into Manila Water Co., Inc. made the listed water concessionaire the third-most actively traded issue last week.

Expectations of profitability boost PhilWeb’s stock price

PHILWEB Corp. was among the most actively traded stocks last week with traders taking their cue from news regarding the firm being in talks with an online gaming provider in a bid to return to profitability this year.

Government probe of contracts drags down stock price of Ayala Corp.

THE government’s review of its contracts with diversified conglomerate Ayala Corp.’s units prompted investors to sell the stock, making it one of the most actively traded issues last week.

Doubts on fate of reclamation projects weigh down SM Prime Holdings

INVESTORS bet on the future of Sy-led SM Prime Holdings, Inc. after President Rodrigo R. Duterte said he would not approve proposed Manila Bay reclamation projects unless proponents have safety measures for the environment and public health.

JG Summit’s share price down after raising stake in PLDT

THE recent purchase of PLDT, Inc. shares by Gokongwei-led JG Summit Holdings, Inc. made the latter one of the most actively traded stocks last week with investors deciding to take profits.

Outlier: Jollibee stock a bargain after slide in 2019, say analysts

DESPITE investors unloading shares of Jollibee Foods Corp. for the majority of 2019 due to profitability concerns, the stock may once again be back on the shopping list with one analyst saying the current stock price is already at a bargain.

Outlier: Profit taking drags Ayala Land stocks lower

POLICY UNCERTAINTY surrounding the property sector led some market players to take profits on Ayala Land, Inc. (ALI) stocks last week.

Manila Water continues slide amid regulatory uncertainty

AYALA-LED Manila Water Company, Inc. was one of the most actively traded issues last week as investors bet on the future of the concession agreements of the country’s two largest water companies.

DMCI continues slide as government cancels extension of water concession deals

THE government’s decision to revoke the extension of the concession agreements with Metro Manila’s two water providers last week led investors to sell their shares in affected listed firms, such as DMCI Holdings, Inc. which has a minority stake in Maynilad Water Services, Inc.

MPIC weighed down by Duterte remarks on water firms

PRESIDENT Rodrigo R. Duterte’s tirade against Metro Manila’s water concessionaires last week led investors to unload shares of Metro Pacific Investments Corp. (MPIC) as it is the controlling stakeholder of water firm Maynilad Water Services, Inc.