The Philippine Stock Exchange, Inc. (PSE) and Taiwan Stock Exchange (TWSE) entered into a Memorandum of Understanding (MOU) that will formalize and strengthen the relationship between the two bourses. PSE President and CEO Ramon S. Monzon and TWSE Chairman Sherman Lin led the MOU signing ceremony on August 20, 2024, at TWSE Headquarters in Taipei,…

The Philippine Stock Exchange, Inc. (PSE) staged a three-day STAR (Strengthening Access and Reach): Investor Day 1H2024online event featuring 13 publicly listed companies (PLCs) that apprised equity analysts, fund managers, and institutional and retail investors on mid-year earnings and corporate developments. PSE STAR: Investor Day was co-presented by Bloomberg L.P., with the Fund Managers Association of…

The Philippine Stock Exchange, Inc. (PSE) reported a net income of Php 398.02 million in the first six months of 2024, down by 4.7 percent year-on-year from Php 417.51 million. The company’s operating revenues were lower by 2.3 percent to Php 722.75 million. Decline in operating revenues was attributed to the 10.7 percent dip in average trading…

The Philippine Stock Exchange, Inc.’s (PSE) regular index review covering the July 2023 to June 2024 trading period showed the 30 companies comprising the PSE index (PSEi) will stay as is. The current PSEi members remain to be among the top stocks in terms of market capitalization, liquidity, and free float level. “The index review…

The mid-year edition of PSE STAR: Investor Day will see the participation of 14 publicly listed companies in a live briefing scheduled from August 14 to 16, 2024. As in previous runs, the virtual event will showcase executives and investor relations officers of PLCs who will discuss their financial performance during the first six months…

The Philippine Stock Exchange, Inc. (PSE) marked the 30th listing anniversary of SM Prime Holdings, Inc. (SMPH) with a bell ringing ceremony on Tuesday, July 23, 2024. SMPH had its stock market debut on July 5, 1994 after raising close to Php 6 billion from the sale of primary and secondary shares during its initial public…

Penang, Malaysia, 16 July 2024 – Bursa Malaysia Berhad (“Bursa Malaysia”) hosted the 37th ASEAN Exchanges CEOs Meeting on 12 July 2024, bringing together CEOs from the six major exchanges in ASEAN to discuss initiatives aimed at making the region more competitive, particularly by focusing on the sustainability ecosystem and regional market connectivity. The meeting…

The Philippine Stock Exchange, Inc. (PSE) and China Banking Corporation (CBC) held a special bell ringing ceremony to mark the first time that Chinabank will be traded under the stock symbol, CBC, effective Wednesday, June 19. “I believe this is an auspicious time for Chinabank to do this rebranding exercise given its rosy prospects, after…

Citicore Renewable Energy Corporation (CREC) marked its stock market debut on the Philippine Stock Exchange (PSE) with the listing of 1.78 billion primary and 178.57 million overallotment shares on the main board of the Exchange. CREC raised Php 5.30 billion from its IPO, which will be mainly used for the development of solar energy power…

The Philippine Stock Exchange, Inc. (PSE) posted a 19.3 percent increase in its net income in the first quarter of 2024 to Php 242.38 million from Php 203.16 million in the same 2023 period. The higher earnings result was mainly due to the 207.0 percent improvement in other income to Php 120.17 million, on account…

The Philippine Stock Exchange, Inc. (PSE) celebrated the 25th listing anniversary of Alliance Global Group, Inc. (AGI) through a bell ringing ceremony. AGI had its stock market debut on April 19, 1999 after selling 88 million shares at Php 1.27 apiece in its initial public offering. AGI is involved in property development, food and beverage manufacturing…

Cebu Landmasters, Inc. (CLI) had its first equity capital raising after its 2017 maiden offering. The property firm raised Php 4.28 billion from the sale of Series A-1 and Series A-2 preferred shares. The shares were listed on the Philippine Stock Exchange (PSE) under the ticker symbol CLIA1 and CLIA2.  “This offering was 1.43 times…

The Philippine Stock Exchange, Inc. (PSE) hosted a bell ringing ceremony for DoubleDragon Corporation (DD) in line with its tenth listing anniversary. DD had its stock market debut on April 7, 2014. Its share price closed at its ceiling price of Php 3.00 on its listing day. In his message, PSE President and CEO Ramon…

The Philippine Stock Exchange, Inc. (PSE) has added new features on its PSE Electronic Allocation System (PSE EASy) website, a platform that enables Local Small Investors (LSIs) to participate in initial public offerings (IPOs) and follow-on offerings (FOOs). PSE EASy now has an integrated electronic payment system that enables LSIs to pay for subscribed shares…

The Philippine Stock Exchange, Inc. (PSE) joined 121 member-organizations of the World Federation of Exchanges (WFE) in raising awareness on the importance of gender equality and women empowerment through the Ring the Bell for Gender Equality program. In his message, PSE COO Atty. Roel A. Refran cited results of the December 2023 Asia Regional Report…

The Philippine Stock Exchange, Inc. (PSE) hosted a forum dubbed Road to IPO: Embracing the Growth Mindset for its Listing Engagement and Assistance Program (LEAP) clients on February 28, 2024. The event showcased the launch of the Embracing the IPO Mindset video featuring CEOs of seven publicly listed companies (PLCs) who narrated why they chose…

The Philippine Stock Exchange, Inc. (PSE) and the Department of Migrant Workers (DMW) signed a Memorandum of Understanding (MOU) to collaborate in financial literacy initiatives for Overseas Filipino Workers (OFWs). The MOU covers the conduct of learning sessions for OFWs and their families as well as development of materials intended for migrant workers. An online…

The Philippine Stock Exchange, Inc. (PSE) hosted a welcome reception for Secretary Frederick D. Go and Secretary Ralph G. Recto following their recent appointment as Special Assistant to the President for Investment and Economic Affairs (SAPIEA) and concurrent Head of the Economic Development Group of the Cabinet of President Ferdinand R. Marcos, Jr. and Department of…

A Brown Company, Inc. (BRN) concluded its follow-on offering (FOO) with the listing of its Series B and Series C preferred shares on the Philippine Stock Exchange (PSE). The property company raised Php 1.44 billion from the share sale, which will be used for pipeline real estate projects, landbanking, and other general corporate purposes. PSE…

Century Properties Group, Inc. (CPG) listed its Series B preferred shares on the Philippine Stock Exchange (PSE) under the stock symbol CPGPB. CPG raised Php 2 billion from the share issuance which will be used to finance the principal payment of CPG fixed rate 3-year bonds. In his welcome remarks during the listing ceremony, PSE President and CEO…

The Philippine Stock Exchange, Inc. (PSE) will open Volume Weighted Average Price (VWAP) trading on Friday, March 1, 2024. This comes after the Securities and Exchange Commission approved PSE’s VWAP Trading Rules as well as the briefing of trading participants (TPs) and onboarding of authorized traders of TPs interested in this facility. “The ability to…

Citicore Renewable Energy Corporation will open the 2024 initial public offering (IPO) season at the Philippine Stock Exchange (PSE).The renewable energy (RE) firm, which will trade under the ticker symbol CREC, will be selling up to 2.90 billion primary shares, with an overallotment option of 435 million secondary shares. CREC’s offer period is tentatively scheduled…

The Philippine Stock Exchange, Inc. (PSE) presented Top Frontier Investment Holdings, Inc. (TFHI) with an anniversary plaque to mark TFHI’s first decade as a publicly listed company. The holding firm, which is the largest shareholder of San Miguel Corporation (SMC), listed by way of introduction at the PSE on January 13, 2014. In his welcome…

The Philippine Stock Exchange, Inc. index closed at 6,450.04 points, down by 69.07 points or 1.1 percent on the last trading day of 2023. Year to date, the main index decreased by 1.8 percent. Daily average value turnover was at Php 6.09 billion, down by 16.5 percent from 2022’s Php 7.30 billion average. The market registered Php 53.67 billion worth…

San Miguel Corporation (SMC) formally listed its Series 2-L, 2-N and 2-O preferred shares through a bell ringing ceremony held at the Philippine Stock Exchange (PSE) on Friday, December 1, 2023. SMC raised Php 34 billion from the sale of firm offer shares and over-subscription option shares during its follow-on offering (FOO). PSE President and…

Company directors and officers of The Philippine Stock Exchange, Inc. (PSE) and Robinsons Retail Holdings, Inc. (RRHI) jointly celebrated the latter’s 10th anniversary as a publicly listed company through a bell ringing ceremony. RRHI raised Php 28.12 billion from the sale of primary and over-allotment shares during its initial public offering (IPO). Its shares were listed at the…

The Philippine Stock Exchange, Inc.’s (PSE) net income for the January to September 2023 period reached Php 575.65 million, up by 19.9 percent in the same period a year ago, due to gains in financial investments. The company’s operating revenues, on the other hand, slid by 8.7 percent to Php 1.10 billion from Php 1.20…