Philippine Stock Exchange board / CREDIT: Tradergroup va Wikimedia / Maniila Bulletin
The benchmark
Philippine Stock Exchange Index fell into a bear market last month, sending valuations to a seven-month low and volatility to the highest in more than four years, as international investors sold emerging-market assets amid speculation the US will cut monetary stimulus.
An application to register and sell secondary shares has been filed at the Securities and Exchange Commission and an application for the listing of shares on the main board of the
Philippine Stock Exchange has likewise been filed.
now intends to sell 105 million shares at R1 apiece to be listed and traded on the small, medium, and emerging (SME) board of the
Philippine Stock Exchange (PSE).
The
Philippine Stock Exchange (PSE) grew its net profit last year by 18 percent to P825 million on higher revenues from trading activity, subscription fees and market data and one-time gain from the sale of its office space in Tektite Building in Ortigas.
Driven by upbeat sentiments coming from the local front,
Philippine Stock Exchange index (PSEi) bounced back slightly above the 7,000-mark.
Philippine stocks closed 4% higher Wednesday on bargain-hunting, with the 30-share composite index of the
Philippine Stock Exchange climbing 72.
The Securities and Exchange Commission (SEC) has approved a plan by the
Philippine Stock Exchange to raise as much as P3.
50 firms Shariah compliant
Philippine Stock ExchangeThe
Philippine Stock Exchange (PSE) is hoping that two to three more companies will get to offer and list their shares before the end of the year with the market now relatively stable after plunging in past months.
30 Kyodo Philippine stocks surged Friday for the seventh straight trading day, with the
Philippine Stock Exchange 30-share composite index soaring 86.
The bellwether
Philippine Stock Exchange index rose 2.
