Ayala’s net income climbed 17 percent to P26 billion in 2016
March 13, 2017
Ayala Corp. reported a net income of P26 billion in 2016, 17 percent higher than the previous year, on the back of double-digit growth contributions from its real estate and banking units, boosted by its emerging businesses in power and industrial
Century Pacific debuts on FTSE Index
March 13, 2017
Century Pacific Food Inc., the Philippines’ largest canned food company, is set to make its debut on the highly-tracked FTSE (Financial Times Stock Exchange) Index Series for Asia Pacific ex-Japan. Century Pacific will be added to FTSE Index’s Small
Stock index finishes 2.05 percent lower
March 10, 2017
Stocks closed lower on Friday, largely pulled down by heavy trading in SM Investments whose price fell by 9.24 percent. The Philippine Stock Exchange index ended 149.18 points lower to settle at 7,146.27 At the broad market, there were 102
Manufacturing slows down in January
March 10, 2017
The Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries (MISSI) reported Friday Volume of Production Index (VoPI) for manufacturing grew by 9.3 percent in January 2017, slower than the 35.8 percent growth recorded in the same month last year.
Double-digit export growth spurs rise in Philippine February trade
March 10, 2017
MANILA – Total Philippine trade grew by 14.2 percent in January 2017 backed by the surge in export receipts from most of the country’s traditional markets, according to the National Economic and Development Authority (NEDA) on Friday. Based on
Stocks mixed, peso lower
March 9, 2017
Stocks ended mixed on Thursday despite higher volume as the Philippine Stock Exchange index closed 0.89 points up to settle at 7.295.45. In the broader market, there were 105 decliners and 84 gainers, with 44 issues unchanged. Volume reached 5.08
Stocks flat, peso ends seven centavos lower
March 8, 2017
Stocks closed flat on Wednesday as the index saw marginal gains despite the announcement of an initial public offering by construction firm Wilcon Depot Inc. The Philippine Stock Exchange index closed 0.04 points to 7, 294.56 points Volume reached
Peso up, stocks down as inflation for February rose
March 7, 2017
The peso gained while stocks closed lower as February inflation numbers jumped to a three-year high on Tuesday. The peso closed at P50.27 from Monday’s P50.395 against the US dollar as volume rose at the Philippine Dealing System. Turnover was
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