PSEi sinks below 6,000
The local stock market tumbled below the 6,000 mark on Friday as investors reacted to the country’s latest economic data.
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Daily TribuneTopic
The local stock market tumbled below the 6,000 mark on Friday as investors reacted to the country’s latest economic data.
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The company said consolidated earnings hit P1.2 billion, representing an 83 percent increase compared to the previous year.
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The company said earnings have already exceeded its full-year 2023 net income of P78.2 million.
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The recent shakeup at the Philippine Stock Exchange (PSE) had Nickel Asia Corp. (NIKL) and Wilcon Depot (WLCON) shifted from the benchmark PSE index to the…
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Vivant previously announced that the sale of its 32.26 percent stake aligns with its strategy to focus on core investments, particularly in retail energy…
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Bank of Commerce (BankCom), a subsidiary of San Miguel Corporation, on Tuesday opened the subscription period for its P5-billion dual-tranche bonds.
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The Philippines has been invited to join the World Economic Forum (WEF) Unicorn Community, a group within the WEF’s Innovator Communities that includes the…
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‘We could be the dumping ground for Chinese goods that could be temporary. That will be good for our prices because of more supply of goods.’
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‘It is notable that our very first listed REIT has also become the first REIT to make it to the PSEi.’
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‘Coal is still the cheapest source of power, and coal will not be gone in the next five and even 10 years.’
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Wellington, New Zealand — A small town mayor in New Zealand has picked a nuclear fight with Donald Trump, after the freshly sworn-in US president heaped…
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Equities fell again in Asia on Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's decision-making…
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The Commission on Audit (CoA) has ordered the Government Service Insurance Corporation (GSIS) to recoup P2.3 billion in members' contributions that it…
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The Commission on Audit stated in a 2023 report that GSIS had invested P34.5 billion to secure 11.56-percent ownership of MPIC.
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Philippine shares continued with the bargain hunting as funds continue to position for the year ahead, while awaiting for other foreign funds to return from an…
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Despite political upheavals, stock markets and bitcoin smashed records in 2024, fueled by investor enthusiasm for Artificial Intelligence (AI), falling…
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A Christmas Eve jump in equities got the Santa rally off to a flying start and indices barely budged in Thursday trading
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Daily average value turnover reached P 6.10 billion, 0.1 percent higher than the P6.09 billion registered year-on-year; domestic market capitalization at…
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