16
Jan
2024
Stock Market
13
Jan
2024
5
Jan
2024
PSE opens first trading day of 2024
The PSE index (PSEi) kicked off the trading year in the green as it rallied by 104.00 points or 1.6 percent to 6,554.04. The All Shares index also closed higher by 41.38 points or 1.2 percent to 3,465.97. Value turnover was at Php 3.66 billion. “We welcome 2024 with hopes of a better performance for…
2
Jan
2024
PSE draws 2023 to a close
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…
29
Dec
2023
PSE joins global stock exchanges in ring the bell for climate initiative
The Philippine Stock Exchange, Inc. (PSE) took part in the inaugural Ring the Bell for Climate of the World Federation of Exchanges (WFE). Participating members of WFE rang the bell between November 30 and December 12, the same schedule as the COP28 UN Climate Summit in Dubai. This initiative aims to mobilize WFE’s global network of bourses…
12
Dec
2023
SMC raises P34-billion from follow-on offering
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…
1
Dec
2023
Concepcion Industrial leads bell ringing to mark 10 years as a listed company
Concepcion Industrial Corporation (CIC) led today’s bell ringing ceremony to mark its tenth anniversary as a publicly listed firm. CIC listed its shares at the Philippine Stock Exchange (PSE) on November 27, 2013 and raised a total of Php 2.24 billion from the sale of its primary and secondary shares during its initial public offering. CIC, a diversified…
28
Nov
2023
PSE commemorates Robinsons Retail Holdings’ 10th listing anniversary
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…
23
Nov
2023
Discovery World Corporation marks 10th listing anniversary
The Philippine Stock Exchange, Inc. (PSE) hosted a bell ringing ceremony for Discovery World Corporation (DWC) to mark the company’s tenth anniversary as a publicly listed company. DWC raised Php 551.04 million from the sale of primary common shares during its initial public offering (IPO). In his welcome message during the event, PSE President and CEO Ramon…
21
Nov
2023
PSE posts 9M23 net income of P575.65M
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…
14
Nov
2023
Featured firms all geared for Q3 2023 PSE STAR: Investor Day edition on November 15-16
The batch comprising nine publicly listed companies (PLCs) will join the last edition of PSE STAR Investor Day for 2023 set on November 15-16. Executives of featured PLCs will share their third quarter 2023 financial results, strategic initiatives and growth prospects in a two-day virtual briefing that is open to fund managers, equity analysts, shareholders and…
13
Nov
2023
Harbor Star Shipping Services rings bell on 10th year as listed firm
Harbor Star Shipping Services, Inc. (stock symbol: TUGS) celebrated its 10th listing anniversary as a publicly listed company through a bell ringing ceremony at the Philippine Stock Exchange (PSE) on Tuesday, October 31. TUGS raised a total of 341.41 million pesos from the sale of its primary common shares on its October 30, 2013 stock market debut.…
31
Oct
2023
A. Soriano Corporation celebrates golden listing anniversary
The Philippine Stock Exchange, Inc. (PSE) hosted a bell ringing ceremony for A. Soriano Corporation (ANS) to commemorate the holding firm’s 50th year as a listed company. ANS was listed at the Manila Stock Exchange and Makati Stock Exchange on October 25, 1973. ANS has interests in various industries including air transport, asset management, business process…
25
Oct
2023
PSE stages first LEAP Insights
Companies enrolled in the Listing Engagement and Assistance Program (LEAP) of The Philippine Stock Exchange, Inc. (PSE) attended the first LEAP Insights on October 10, 2023. LEAP Insights are sessions designed to give potential listing applicants a preview of what it entails to be a publicly listed company. The inaugural LEAP Insights session was co-hosted…
13
Oct
2023
PSE takes part in global bell ringing program for financial literacy
The Philippine Stock Exchange, Inc. (PSE) underscored its commitment to promote investor education by taking part in the global Ring the Bell for Financial Literacy initiative, a program of the World Federation of Exchanges (WFE). Officers of the Exchange rang the closing bell in a ceremony held on Wednesday, October 4. The Ring the Bell…
4
Oct
2023
PSE hosts forum on Philippine capital market legislative reforms
Key legislators addressed industry stakeholders in a forum on legislative reforms for the Philippine capital market hosted by The Philippine Stock Exchange Inc. (PSE), in partnership with UBS Philippines. In attendance were House of Representatives Speaker Ferdinand Martin G. Romualdez, House Senior Deputy Majority Leader and Ilocos Norte 1st District Representative Ferdinand Alexander A. Marcos and House…
4
Oct
2023
PSE announces effectivity of short selling guidelines, other relevant SBL developments
The Philippine Stock Exchange, Inc. (PSE) has declared the immediate effectivity of its Guidelines for Short Selling Transactions. This comes after regulators have given their go signal on critical components of securities borrowing and lending (SBL). Short selling can only function if an SBL program is in place. PSE announced SEC’s approval of offshore collateral…
2
Oct
2023
ASEAN Exchanges jointly establish internationally aligned sustainability metrics during the 36th ASEAN Exchanges CEOs Meeting hosted by SET
Bangkok, September 12, 2023 – The Stock Exchange of Thailand (SET) hosted the 36th ASEAN Exchanges CEOs Meeting on September 8, 2023. Bursa Malaysia, Indonesia Stock Exchange, Philippine Stock Exchange, Singapore Exchange Group, Vietnam Exchange, and SET collaborated to develop a set of core sustainability metrics that are aligned to international standards and established practices.…
12
Sep
2023
SCCP marks successful migration to the T+2 settlement cycle
The Securities Clearing Corporation of the Philippines (SCCP), a wholly-owned subsidiary of The Philippine Stock Exchange, Inc. (PSE), successfully migrated to a shortened settlement cycle of T+2. This migration is a significant advancement in the domestic capital market and will align the Philippines with major international markets such as the United States, most European Union…
4
Sep
2023
ACEN raises P25 billion from preferred shares offering
ACEN Corporation (ACEN) formally listed its Series A and Series B preferred shares through a bell ringing ceremony held at the Philippine Stock Exchange (PSE) on Friday, September 1, 2023. ACEN raised Php 25 billion from the sale of firm offer shares and over-subscription option shares during its follow-on offering (FOO). PSE President and CEO…
1
Sep
2023
PSE to host financial literacy webinar series
The Philippine Stock Exchange, Inc. (PSE) is scheduled to host a series of free financial literacy webinars with GStocksPH, the in-app stock investment platform of GCash and its partner trading participant, AB Capital Securities, Inc. The virtual series dubbed Pera Power Up: Beginner’s Guide to Saving and Investing will be held every Thursday, from September…
31
Aug
2023