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PSE says 45 firms are Shariah-compliant

THE number of listed firms compliant with Islamic principles of finance fell in the quarter ending June, the Philippine Stock Exchange, Inc. (PSE) said Monday.

PSE to buy P200M worth of SCCP shares

THE Philippine Stock Exchange, Inc. (PSE) will buy P200 million worth of shares in one of its units to finance the acquisition of a new clearing and settlement system.

PSE plans to buy back P532 million worth of shares from...

THE Philippine Stock Exchange, Inc. (PSE) plans to buy back P532.01 million worth of common shares from broker shareholders until September, in a bid to reduce its broker ownership to less than 20%.

Philippine stocks may bounce back into bull market on earnings —...

PHILIPPINE bulls see the nation’s stock index climbing back to 8,000 later this year as corporate profits recover and economic growth accelerates.

PSE says local small investor take-up hits 94% for Kepwealth IPO

PARTICIPATION of small investors in an initial public offering (IPO) improved following the Philippine Stock Exchange, Inc.’s (PSE) launch of the PSE Electronic Allocation System (PSE EASy).

PSE revamps sectoral indices to admit Phinma Energy, DM Wenceslao, Sta....

THE Philippine Stock Exchange revamped its sectoral indices, admitting three new companies and removing one, while leaving the benchmark 30-member PSE index (PSEi) intact.

PSE index seen testing 9,100 level next year

LOCAL brokerage COL Financial Group, Inc. sees the Philippine Stock Exchange index (PSEi) testing the 9,100 level in 2020, banking on the double-digit growth of index firms this year.

PSEi expected to end year within 8,400-8,600 level

THE Philippine Stock Exchange index (PSEi) is seen to end the year within the 8,400 to 8,600 range, boosted by lower interest rates and the expected earnings growth for listed firms for the rest of the year.

Top funds see Philippine stocks up 25% under Duterte policies

MANAGERS at the three best performing Philippine equity funds see a much rosier second half for Rodrigo Duterte’s term as president, forecasting that the benchmark stock index will climb about 25% over the next three years.

PSE set to lift trading halt on Supercity shares

THE Philippine Stock Exchange, Inc. (PSE) will lift the trading suspension on shares in Supercity Realty Development Corp. (SRDC) on Thursday (June 13), after the company disclosed additional details on its transaction with Manila Bay Development Corp. (MBDC).

PSE makes it easier for small investors to subscribe to an...

SMALL investors may now subscribe to initial public offerings (IPO) online, following the Philippine Stock Exchange, Inc.’s (PSE) launch of a web-based platform that looks to boost their participation in maiden offerings in the future.

PHL stock market accounts hit 1 million in 2018

THE RISE of online trading pushed the number of stock market accounts past the one-million mark in 2018, according to a report by the Philippine Stock Exchange, Inc. (PSE).

PSE says broker ownership rises to 26.44%

THE Philippine Stock Exchange, Inc. (PSE) has prohibited brokers from buying the company’s shares, after new data showed that broker ownership in the exchange was higher than the limit set by the Securities Regulation Code (SRC).

Bloomberry to replace Petron in PSE index

THE 30-member Philippine Stock Exchange index (PSEi) will see the addition of Bloomberry Resorts Corp. starting on Feb. 18, after the bourse operator’s full-year review in 2018.

PH Resorts awaits PSE go signal for P18.5-B follow-on offering

PH RESORTS Group Holdings, Inc. looks to get the Philippine Stock Exchange’s (PSE) approval for its P18.488-billion follow-on offering within the month, in order to facilitate its expansion.

LANDBANK gives PSE up to March 15 to decide on PDS...

THE Philippine Stock Exchange (PSE) will get one more month to decide on the offer of Land Bank of the Philippines (LANDBANK) to buy out the remaining shares in the Philippine Dealing System Holdings Corp. (PDSHC).

PSE says no final decision on LANDBANK’s offer

THE Philippine Stock Exchange, Inc. (PSE) said on Monday that it had yet make a final decision on the offer by the government’s Land Bank of the Philippines (LANDBANK).

PSE to create IT subsidiary

THE Philippine Stock Exchange, Inc. (PSE) plans to incorporate a firm that will offer information technology (IT) services and develop software solutions.

Bourse operator amends short-selling guidelines

THE Philippine Stock Exchange, Inc. (PSE) has amended the guidelines for short-selling transactions on Wednesday, clarifying that short- selling orders will not be allowed during the market’s pre-open and pre-close phase.

Capital, equities markets to bounce back this year — FMIC

AFTER their dismal showing last year, First Metro Investment Corp. (FMIC) expects the capital and equities markets to significantly improve in 2019, as it forecasts stronger economic growth and lower interest rates.

PSE: Shariah-compliant listed firms drop to 56

THE NUMBER of listed firms compliant with Islamic principles of finance dropped to 56 as of Dec. 25, according to the Philippine Stock Exchange (PSE).

From the Front Page: New year stock market forecasts

Your weekly recap of BusinessWorld news.

PSE pursues Shenzhen tie-up

THE PHILIPPINE STOCK EXCHANGE (PSE) has taken further steps to explore potential avenues for cooperation with the Shenzhen Stock Exchange (SZSE), visiting that Chinese city late last month to learn about the Chinese bourse’s listing and disclosure regulations and other market-related functions.

How to launch your stock trading career

Strategies for making the most of your money on the stock market.

PSE to tighten rules on selection of fairness valuation providers

THE Philippine Stock Exchange, Inc. (PSE) plans to impose stricter guidelines on the selection of fairness valuation providers for companies in need of valuation reports, in a bid to protect small investors.

Bourse operator creates real estate subsidiary

THE Philippine Stock Exchange, Inc. (PSE) will establish a new subsidiary that will handle its real estate assets, including its old office in Ayala Avenue, Makati City.

PSEi expected to reach 8,300 level by end-2019

BPI Securities Corp. projects the local bourse to reach the 8,300 level by the end of 2019, driven by a rebound from the consumer sector on expectations of slower inflation next year.

Telco line issues delay PHL stock market opening for nearly 1...

TRADING AT the local stock market was delayed for almost an hour on Monday due to telecommunication line issues, according to a top official.

Stock Exchange closed on Nov. 1-2, 30 for national holidays

THERE WILL be no trading at the Philippine Stock Exchange for three days in November in observance of national holidays. Nov. 1, Thursday, is a regular holiday for All Saints’ Day, while Nov. 2, All Souls’ Day, has been declared a special non-working day. Nov. 30, meanwhile, is the celebration for hero Andres Bonifacio.

PSE on track to breach P200-B fund-raising target

THE PHILIPPINE STOCK Exchange, Inc. (PSE) is optimistic it can breach its P200-billion full-year target for fund-raising activities at the local bourse, as the share sale of San Miguel Corp.’s food and beverage unit pushes through in the fourth quarter.

SEC tells listed firms to comply with data privacy rules

THE country’s corporate regulator has ordered capital markets, listed companies, and other institutions to comply with data privacy laws following reports of security breaches in both local and international firms in the previous months.

Review finds 59 firms to be Shariah-compliant

THE Philippine Stock Exchange (PSE) found 59 listed firms to be compliant with Islamic finance principles as of Sept. 25.

Proposed tweaks to PSE listing rules to benefit small investors

TRADING participants welcomed the Philippine Stock Exchange’s (PSE) move to tweak listing rules that would prompt companies seeking to conduct a follow-on offering (FOO) to provide a price range for the benefit of the investing public.

PT&T willing to pay any penalty imposed by PSE

THE Philippine Telegraph and Telephone Corp. (PT&T) on Tuesday said it is willing to settle any remaining penalties the Philippine Stock Exchange (PSE) may impose, as well as comply with the requirements that may pave the way for the lifting of its trading suspension.

PSE looking into delisting PTT

THE Philippine Stock Exchange, Inc. (PSE) is looking at possibly removing Philippine Telegraph & Telephone Corp. (PTT) from the roster of firms listed on the local stock market, following the company’s repeated violation of disclosure rules.

PSE rebuts PTT claims of requirement compliance

The Philippine Stock Exchange, Inc. (PSE) dispelled claims made by Philippine Telegraph & Telephone Corp. (PTT) that the latter has complied with the necessary requirements...

Composition of PSE index remains unchanged

THERE will be no changes in the 30 companies comprising the Philippine Stock Exchange index (PSEi), the bourse operator said on Thursday.

EDC board approves voluntary delisting of common shares from PSE

Energy Development Corp. (EDC) said its board had approved on Wednesday, Aug. 8, the voluntary delisting of the Lopez-led renewable energy company's common shares...

PSE index seen to close at 8,600 level by end-2018

COL Financial Group, Inc. expects the Philippine Stock Exchange index (PSEi) to close at the 8,600 level by the end of the year, revising downward its earlier projection following higher than expected inflation figures and the continued outflow of foreign funds from the local market.

PSEi slides in thin trading

Stock prices slumped on Thursday, July 19, amid thin trading as investors stayed on the sidelines due to lack of leads. The benchmark Philippine Stock...

PSEi ends four-day rally

Local equities slumped on Monday, July 16, as the market continued to consolidate within range due to lack of catalysts. The bellwether Philippine Stock Exchange...

Stocks inch up ahead of inflation report

By Arra B. Francia, Reporter Shares firmed up on Tuesday amid thin trading, as investors stayed on the sidelines ahead of the release of June...

Stocks climb as bargain hunting continues

The main index started the first trading session of the third quarter on a positive note, as investors continued to look for bargains with...

Stocks rebound on window dressing

By Arra B. Francia, Reporter Local shares recovered on Friday, June 29, ending the first half of the year on a positive note on the...

SEC gives short sale green light

THE PHILIPPINE Stock Exchange, Inc. (PSE) has secured the green light for short-selling, a move designed to further increase market liquidity.