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Shares in Ayala-led AREIT tumble in market debut

SHARES of Ayala-led AREIT, Inc., the country’s first real estate investment trust (REIT), tumbled in its market debut on Thursday.

Recovery hopes may still lift PSEi to 6,500-7,000 — FMIC

THE BENCHMARK Philippine Stock Exchange index (PSEi) may end the year within the 6,500-7,000 range on the back of investor optimism over an economic rebound in 2021, investment banking firm First Metro Investment Corp. (FMIC) said.

PSE hikes minimum public ownership

THE Philippine Stock Exchange, Inc. (PSE) increased the minimum public ownership (MPO)requirement for companies that plan to list on the stock market. 

PSE screens brokers for first REIT trade

THE Philippine Stock Exchange, Inc. (PSE) has started accepting applications for eligible brokers to trade real estate investment trust (REIT) securities ahead of Ayala Land, Inc.’s (ALI) REIT offering.

PSE records four new Shari’ah compliant securities

A TOTAL of four new securities trading in the local bourse qualified as compliant with Islamic principles of finance based on the operator’s review for the second quarter.

PSE net earnings down 71% as shareholders turn to cash

THE Philippine Stock Exchange, Inc. (PSE) booked a 71% drop in its first quarter bottomline to P50.62 million as investors opted out of the market due to the coronavirus disease 2019 (COVID-19) pandemic.

PSE: Investment scheme misrepresents bourse

THE Philippine Stock Exchange, Inc. (PSE) is warning the public against a fraudulent investment scheme run by an individual pretending to represent the bourse operator.

Offshore investors may avail of REITs through central bank

NON-PHILIPPINE residents are allowed to invest in real estate investment trusts (REITs) through the central bank, bourse operator Philippine Stock Exchange, Inc. (PSE) said.

PSE reopens trading floor on relaxed lockdown

THE Philippine Stock Exchange, Inc. (PSE) is reopening its trading floor today as quarantine measures in Metro Manila are eased.

Almost $1 billion hot money left Philippines in March

ALMOST $1 billion in foreign capital left the country in March, reflecting investor preference for safe-haven assets as a Luzon-wide lockdown meant to contain a coronavirus pandemic brought the Philippine economy to a standstill.

PSE eases rules on Islamic finance

THE Philippine Stock Exchange, Inc. (PSE) is adjusting its guidelines in screening companies’ compliance with Islamic principles of finance, removing some previously imposed restrictions.

Shari’ah-compliant firms increase

The number of listed securities at the local bourse that are compliant with Islamic principles of finance grew to 52 in the period ending...

Traders expect stocks to slide as market opens

THE local market is set to come back today after a two-day shut down, and traders anticipate it to stay on the decline.

SEC, PSE ease rules amid virus

CORPORATE regulator Securities and Exchange Commission (SEC) and local bourse operator Philippine Stock Exchange, Inc. (PSE) are easing rules and requirements to adjust to mitigation efforts against the coronavirus disease 2019 (COVID-19).

PSE tells listed firms to offer remote voting as virus lingers

THE Philippine Stock Exchange, Inc. (PSE) is reminding shareholders of publicly listed firms of their options to participate in annual stockholders’ meetings (ASM) as the virus outbreak persists.

PSE fines electronics holding firm for disclosure violations

CIRTEK Holdings Philippines Corp. has been fined by the Philippine Stock Exchange, Inc. (PSE) for violations of its disclosure rules and doing transactions during black-out period.

PSE sets new trading price threshold to guard investors

THE Philippine Stock Exchange, Inc. (PSE) will be implementing a new dynamic threshold for securities next month after conducting its semi-annual review in July to December 2019.

Local stocks start year as Asia’s unloved market

WHEN it comes to Philippine stocks, 2020 so far isn’t looking better than 2019.

Shari’ah-compliant firms increase, says PSE

THE Philippine Stock Exchange, Inc. (PSE) reported the number of listed firms compliant with Islamic principles of finance stood at 48 for the period ending Dec. 2019, up from 45 in the previous quarter.

PSE proposes more conditions for firm’s voluntary delisting

THE Philippine Stock Exchange, Inc. (PSE) on Wednesday released proposed amendments to its voluntary delisting rules, as it seeks to protect minority shareholders.

PSEi to hit 9000 level in 2020

BPI Securities Corp. is projecting the Philippine Stock Exchange index (PSEi) to reach 9,000 in 2020, driven by the faster growth of the economy, particularly the banking, property and consumer sectors.

Philippine stocks may pick up into yearend on profits, GDP

KNOCKED off course by a host of negatives, the Philippine stock rally may be set to regain momentum into yearend on improvement in the domestic economy and corporate profits.

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.