PSEi moves, share offerings, block sales, buybacks and deals across Philippine listed equities.
Markets
The Lopez family’s grip on media giant ABS-CBN Corp. has loosened following the entry of a new investor that infused P3.5 billion into the company in exchange for a 27-percent share.
Also covered by BusinessWorld
Markets
MANILA, Philippines — The Philippine Stock Exchange Index (PSEi) could finish 2026 within the 6,241 to 6,487 range, according to Philstocks Financial Inc., even as persistent economic headwinds keep the local market under pressure.
Markets
DOMINION Holdings, Inc. (DHI) expects its proposed merger with two companies that collectively hold 100% of the voting rights in Sagittarius Mines, Inc. (SMI), operator of the Tampakan Copper-Gold Project, to be completed by the fourth quarter (Q4), subject to shareholder and regulatory approvals.
Markets
MANILA, Philippines — The Philippine Stock Exchange (PSE) on Tuesday suspended trading in PhilWeb Corp. shares after it classified the company’s P4.23-billion investment in JKS Tech Solutions Inc. as a substantial acquisition. The suspension took effect at 9 a.m. and will remain in place until the gaming technology firm submits the…
The local stock market pulled off a win despite the continued depreciation of the peso and the country’s unemployment rate hitting a four-year high in July, as investors opted to capitalize on cheap valuations instead.
Also covered by Inquirer Business
Everyone in the stock market is wondering “Is AI a bubble?”
Mynt Inc., the parent company of e-wallet giant GCash, is expected to settle on a slightly lower offer price for its upcoming initial public offering (IPO), which is still expected to be the largest in the country’s history.
