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THE DAY IN PHOTOS: June 18, 2021

ABS-CBN News
Updated as of Jun 19 12:24 AM

Here are the day's top stories in photos. Read more »

NEDA chief, economic frontliners get COVID-19 jabs

Jonathan Cellona, ABS-CBN News
Posted at Jun 18 07:00 PM

National Economic and Development Authority (NEDA) chief Karl Chua poses for photographs on Friday after receiving his first dose of Sinovac’s COVID-19 vaccine at Taguig City’s Vaccination Bus during its symbolic rollout at the Philippine Stock Exchange.  Read more »

Lopez Holdings posts P2.6 billion net loss in 2020

ABS-CBN News
Posted at Jun 07 11:23 AM

Lopez Holdings Corp on Monday said its net loss attributable to equity holders for the year 2020 amounted to P2.625 billion.   Read more »

PSE president says 2021 'fantastic year' for capital raising

ABS-CBN News
Updated as of Jun 02 12:01 PM

The year 2021 is shaping up to be a good year for capital raising in the Philippines with several more initial public offering and real estate investment trust offer on the pipeline, Philippine Stock Exchange president Ramon Monzon said Wednesday. Read more »

Brand affinity plays 'major role' in successful Monde Nissin IPO: PSE president

Jessica Fenol, ABS-CBN News
Updated as of Jun 01 11:40 AM

Brand affinity likely played a major role in the successful initial public offer of homegrown brand Monde Nissin, Philippine Stock Exchange president and CEO Ramon Monzon said Tuesday during the company's listing ceremony.   Read more »

PSE index up as investors cheer 'BBB+' rating

ABS-CBN News
Posted at May 28 11:44 PM

The Philippine Stock Exchange index is up for the day and the week as investors cheer S&P Global's move to affirm the country's BBB + credit rating. Read more »

Monde Nissin books Philippines' biggest initial public offering

ABS-CBN News
Posted at May 26 02:32 PM

Monde Nissin's stock debut is the largest ever on the Philippines Stock Exchange and the largest food and beverage IPO in Southeast Asia.  Read more »

'Lucky Me' maker set to hold Philippines' biggest IPO next week: sources

Reuters
Updated as of May 06 04:19 PM

Food manufacturer MondeNissin plans to open the books for a P48.6 billion ($1 billion) IPO next Tuesday at a fixed price of P13.50, people with knowledge of the transaction said. Read more »

PSE ends Wednesday's trading in the red

ABS-CBN News
Posted at May 06 03:41 AM

The Philippine Stock Exchange index shrugged off the country's better-than-expected inflation print for April as it ends Wednesday's session in the red. Read more »

Philippine Stock Exchange temporarily shuts trading floor on March 25 to April 4

ABS-CBN News
Posted at Mar 24 09:29 AM

The Philippine Stock Exchange on Wednesday said trading will have to be conducted remotely as it would temporarily close its trading floor from March 25 to April 4.   Read more »

Philippine shares slide 2.6 percent as COVID-19 cases surge

Nikhil Nainan, Reuters
Posted at Mar 15 06:31 PM

A worrying surge in COVID-19 cases sent shares falling as much as 3.6 percent, before recovering slightly toward the end of the trading session, down 2.6 percent. Read more »

DoubleDragon sets final offer price for its real estate investment trust

ABS-CBN News
Posted at Mar 08 11:44 AM

Double Dragon Properties Corp said Monday it has set the final offer price for its P14.7 billion real estate investment trust IPO at P2.25 per piece, the top end of the range, due to strong demand.  Read more »

Monde Nissin files for up to P63-billion IPO in 'largest ever listing'

Neil Jerome Morales and Anshuman Daga, Reuters
Posted at Mar 04 04:29 PM

Monde Nissin Corp, maker of ubiquitous Lucky Me! instant noodles, on Thursday filed for an up to P63 billion ($1.3 billion) initial public offering (IPO), in what is set to be the country's largest-ever listing. Read more »

More real estate investment trusts coming after DoubleDragon, AREIT: regulator

Warren de Guzman, ABS-CBN News
Posted at Mar 03 04:53 PM

More real estate investment trusts (REITs) are set to debut and are now undergoing regulatory review, an official said Wednesday, following the debuts of DoubleDragon and Ayala Land. Read more »

DoubleDragon REIT IPO gets OK from PSE, set for market debut on Mar. 23

ABS-CBN News
Posted at Feb 26 08:13 PM

DoubleDragon's DDMP REIT Inc. is all set for stock market debut on March 23, as the Philippine Stock Exchange approved its planned initial public offering (IPO) on Friday.  Read more »

DoubleDragon's P14.71 billion real estate investment trust IPO gets regulator nod

ABS-CBN News
Posted at Feb 17 04:32 PM

The Securities and Exchange Commission on Wednesday said it approved the initial public offering (IPO) of the real estate investment trust (REIT) by DoubleDragon Properties Corp worth nearly P14.71 billion. Read more »

PH shares fall amid new quarantine restrictions for February

ABS-CBN News
Posted at Jan 29 11:51 PM

Philippine shares fall back to the 6600 level following the announcement of new quarantine classifications in the country.  Read more »

Philippine stock market falls 3.5 percent amid foreign selling

ABS-CBN News
Posted at Jan 29 03:16 PM

Friday's bloodbath extended the week’s losses to 6.1 percent as foreign players continued to exit Philippine shares.  Read more »

PH stocks drop 1.6 percent over growth worries, Asia FX eye Fed comments

ABS-CBN News
Posted at Jan 27 03:01 PM

The Philippine stock market fell 1.6 percent on Wednesday as weak export data raised concerns about the country's fragile economic recovery while broader emerging Asian shares were subdued after sharp losses a day earlier. Read more »

PH shares break 6-day losing streak

ABS-CBN News
Posted at Jan 25 10:58 PM

The local bourse broke its six-day losing streak despite persistent foreign outflows. Read more »