pse | ABS-CBN News

Study: PSE has been beating inflation, but PH fund managers have failed to match it

Warren De Guzman, ABS-CBN News
Posted at Jan 24 10:36 PM

A new study by Registered Financial Planner Efren Cruz of Personal Finance Advisers Philippines shows the Philippine Stock Exchange is beating inflation, but fund managers have failed to capitalize. Read more »

Salceda says 'reengineered' Maharlika fund up for IPO

ABS-CBN News
Posted at Jan 20 04:04 PM

Albay 1st District Representative Joey Salceda said on Friday the new version of the Maharlika Investment Fund dropped the Bangko Sentral ng Pilipinas other controversial sources of funding and is now eyeing an initial public offering (IPO). Read more »

PSE. Shenzhen Stock Exchange ink cooperation deal

ABS-CBN News
Posted at Jan 05 06:52 PM

The Philippine Stock Exchange (PSE) has signed a memorandum of understanding with the Shenzhen Stock Exchange to strengthen communication and economic cooperation. Read more »

PSEi gains on first trading day, eyes 14 IPOs in 2023

ABS-CBN News
Posted at Jan 03 06:18 PM

The Philippine Stock Exchange climbed 0.3 percent on the first trading day of 2023, closing at 6,586.01 up by 19.62 points. Read more »

PLDT again denies ‘undocumented' purchases in capex

ABS-CBN News
Posted at Dec 27 04:53 PM

PLDT again denied a report it discovered “undocumented purchase orders” or anomalies as the company investigates overspending on network upgrades and expansion. Read more »

PLDT says business healthy amid capex overrun issue

ABS-CBN News
Posted at Dec 21 02:01 PM

PLDT Inc on Wednesday said its business and outlook "remain healthy" despite the recent P48 billion budget overrun which was disclosed to the Philippine Stock Exchanged on Dec. 16. Read more »

PSE 'very bullish' for 2023: Monzon

ABS-CBN News
Updated as of Dec 21 11:56 AM

The Philippine Stock Exchange is 'very bullish' for 2023 due to the line up of initial public offering, its President and CEO Ramon Monzon. Read more »

No fraudulent trade in PLDT shares, says PSE President

ABS-CBN News
Posted at Dec 21 09:59 AM

There are no fraudulent activities in PLDT trading prior to the P48 billion budget overrun disclosure, Philippine Stock Exchange President and CEO Ramon Monzon said on Wednesday, citing results of an internal preliminary investigation. Read more »

Investors cautious in trading PLDT stocks amid overrun issue

ABS-CBN News
Updated as of Dec 20 02:09 PM

Investors are seen to be cautious in trading stocks of PLDT Inc after it reported a P48 billion "budget overrun" from 2019 to 2022, AAA Equities President Matthew Cabangon said on Tuesday. Read more »

SEC to probe PLDT budget overrun issue

ABS-CBN News
Posted at Dec 20 09:00 AM

The Securities and Exchange Commission said it is investigating PLDT's budget overruns of about P48 billion from 2019 to 2022. Read more »

PSE President Monzon backs creation of Maharlika fund

ABS-CBN News
Posted at Dec 19 11:54 AM

PSE President Ramon Monzon said the proposed Maharlika fund could create a 'multiplier effect' and result in growth in the country's capital markets. Read more »

2022 Yearender: National ID, pay cuts, Villar and revenge travel: Business in 2022

ABS-CBN News
Updated as of Dec 19 09:50 PM

Inflation and the peso's depreciation made people's lives difficult in 2022 but it was the National ID, the stock exchange closing its trading floor, and salary hikes and pay cuts that were some of the most viewed business stories on ABS-CBN this year. Read more »

PSEi ends trading week on 6600 mark

ABS-CBN News
Posted at Nov 26 01:03 AM

The PSE index ends the trading week on a high note as it jumps to the 6600 level. Read more »

Asian stocks swing as Ukraine fears offset inflation hopes

Agence France-Presse
Posted at Nov 16 11:22 AM

Asian stocks fluctuated Wednesday as another positive US inflation report that fanned hopes of a slowdown in the Federal Reserve's interest rate hike campaign was offset by fresh geopolitical concerns over Ukraine. Read more »

PSEi ends lower amid good PH economic growth

ABS-CBN News
Posted at Nov 10 11:26 PM

The PSE index still ended Thursday's session lower despite better-than-expected Philippine economic growth in the third quarter. Read more »

PSEi ends week in positive territory with Asian peers

ABS-CBN News
Posted at Nov 05 12:54 AM

The PSE index ended the week in positive territory alongside its Asian peers as investors seem to shrug off a sharp rise in the Philippines' headline inflation print. Read more »

Fed seen to hike rates anew, weighing down peso and stocks

ABS-CBN News
Posted at Nov 01 04:14 PM

The US Federal Reserve is expected to announce another 75-basis point hike this week, which could further weigh down the peso and the stock market. Read more »

Asian markets drop and dollar rises as inflation, rate fears return

Agence France-Presse
Updated as of Oct 20 11:45 AM

Asian equities tumbled Thursday while the dollar regained its strength as surging inflation and interest rate hikes returned to the fore. Read more »

Peso touches P59 intraday vs 'extremely strong' US dollar

ABS-CBN News
Updated as of Sep 28 05:29 PM

The Philippine peso breached the P59 level intraday before recovering and closing at P58.98 against the US dollar on Wednesday, according to data from the Bankers Association of the Philippines. Read more »

GCash to launch stock trading feature on app

Michelle Ong and Jekki Pascual, ABS-CBN News
Updated as of Sep 20 07:24 PM

Users of GCash may soon be able to trade stocks using the app, the fintech firm and the Philippine Stock Exchange announced on Tuesday. Read more »