Philippine stocks - updates

Rappler's latest stories on Philippine stocks


GMA shares jump 10% as ABS-CBN denied of franchise

Jul 13, 2020 - 2:25 PM

GMA Network gains almost P2.1 billion in market capitalization. Meanwhile, the Philippine Stock Exchange suspends trading of ABS-CBN shares.

Coronavirus crash: Pandemic pushes stock market down in Duterte's 4th year

Jun 29, 2020 - 2:30 PM

After the Philippine Stock Exchange index slumped to an 8-year low due to the COVID-19 pandemic, will the Duterte administration see the local equity market go back to its pre-coronavirus levels?

PSE headquarters closes for 24 hours as employee gets coronavirus

Jun 24, 2020 - 1:55 PM

Despite the 24-hour office shutdown, shortened trading hours are still in place

Injap Sia's MerryMart debuts strong despite pandemic jitters

Jun 15, 2020 - 4:15 PM

Shares of Injap Sia's MerryMart rise by 50%, becoming one of the most actively traded stocks as the company debuts on the Philippine Stock Exchange on Monday, June 15

Foreign buying lifts PSEi to 6,500

Jun 04, 2020 - 3:35 PM

Net foreign inflows build up as the Philippine economy slowly reopens after over two months of strict lockdown

Philippine shares bounce to 6,000 as lockdown eases

Jun 02, 2020 - 3:00 PM

After settling at the 5,000 level for over two months, the PSEi powers back to 6,000 on Tuesday, June 2, driven by investor optimism

Coronavirus wipes out P1.16 trillion in Philippine stock market

Mar 19, 2020 - 4:10 PM

Year-to-date, the Philippine Stock Exchange index is already down by almost 41%

Philippine stocks plunge nearly 25% after virus trading halt

Mar 19, 2020 - 11:45 AM

The Philippine Stock Exchange index suffers a record fall as trade resumes on Thursday, March 19

Philippine bond, forex markets reopen March 18, PSE on March 19

Mar 18, 2020 - 10:35 AM

Capital markets are reopening in the Philippines after agencies assured authorities of the safety of employees

Philippines suspends stock market trade over virus fears

Mar 17, 2020 - 12:15 PM

Trading at the Philippine Stock Exchange is suspended starting Tuesday, March 17, 'until further notice'

Coronavirus pushes Philippine shares deeper into bear territory

Mar 16, 2020 - 3:45 PM

The Philippine Stock Exchange index falls by 7.9% on Monday, March 16, as Metro Manila businesses shut down

PSE shortens trading hours as Metro Manila goes on lockdown

Mar 15, 2020 - 8:45 PM

The Philippine Stock Exchange will close at 1 pm instead of 3:30 pm as the government tries to contain the novel coronavirus

Wild ride: PSEi gains 1% as coronavirus ramps up volatility

Mar 13, 2020 - 6:53 PM

Before climbing back in the green, the PSEi slipped by 10% and triggered another circuit breaker

Coronavirus meltdown: Circuit breaker triggered as PSEi falls 10%

Mar 12, 2020 - 5:15 PM

(UPDATED) The last time the circuit breaker or 15-minute trading suspension was triggered was during the 2008 global financial crisis

Coronavirus jitters send PSEi flirting with 5,900

Mar 12, 2020 - 12:12 PM

The Philippine Stock Exchange index falls to a new 52-week low of 5,906 on Thursday morning, March 12

Philippine stocks suffer worst nosedive since global financial crisis

Mar 09, 2020 - 5:45 PM

The novel coronavirus sends the Philippine Stock Exchange index to its worst decline in 12 years

PSEi falls to 6,700

Mar 02, 2020 - 7:05 PM

Investors start March with more profit taking, as the novel coronavirus continues to hurt the global economy

PSEi bleeds to 6,900 as coronavirus continues to spread

Feb 26, 2020 - 5:45 PM

(UPDATED) The local bourse plummets to its lowest level in over a year. Philippine companies with operations in China take a beating.

ABS-CBN shares surge over 20% as Senate sets franchise hearing

Feb 20, 2020 - 7:30 PM

Shares of ABS-CBN climb to the P21 level on Thursday, February 20, though still very far from the P60 level before the term of President Rodrigo Duterte began in 2016

Manila Water plans to raise P9 billion via share sale

Jan 31, 2020 - 4:59 PM

As government reviews its water contract, the embattled Ayala-led company decides to raise additional capital and funding so it could 'take decisive actions as needed'

Novel coronavirus scare downs Philippine shares, peso

Jan 30, 2020 - 5:40 PM

The Philippine Stock Exchange index falls to a new one-year low, as businesses around the globe brace for the impact of the novel coronavirus

Malacañang’s rants send Ayala Land shares falling by 7%

Jan 20, 2020 - 7:05 PM

(UPDATED) The Ayala group faces more contract reviews by the Duterte administration, leading jittery investors to dump stocks on Monday, January 20

SEC approves short selling guidelines

Jan 02, 2020 - 6:45 PM

The guidelines approved by the Securities and Exchange Commission limit short sale transactions to companies comprising the PSEi

Down the drain: Manila Water, Maynilad owners' shares plunge to near-decade low

Dec 11, 2019 - 8:20 PM

Manila Water, Metro Pacific Investments, and DMCI are the biggest losers in the Philippine Stock Exchange on Wednesday, December 11, as the government's battle with water concessionaires continues

ABS-CBN stocks fall after Duterte’s threats of not renewing franchise

Dec 04, 2019 - 6:02 PM

While the non-renewal of the franchise will hit ABS-CBN hard, a business expert says the company is likely to survive due to its diversified revenue stream

Stocks to Watch: Fruitas, ripe to pick?

Nov 28, 2019 - 6:25 PM

Fruitas lists on the main board of the Philippine Stock Exchange on Friday, November 29. Get to know its brands, financials, and future plans here.

BPI Securities sees PSEi hitting 9,000 in 2020

Nov 26, 2019 - 7:55 PM

Disappointed that the PSEi has been trading flat and even lower than anticipated in 2019? BPI Securities says banks, properties, and consumer stocks will lift the index in 2020.

Subscribing to IPOs can now be done via smartphones

Nov 18, 2019 - 1:25 PM

After registration on the PSE EASy website, local small investors can use the app to subscribe to shares whenever there is a maiden offering

Fruitas prices IPO at P1.68 per share

Nov 14, 2019 - 6:45 PM

Fruitas' offer period is scheduled from November 18 to 22

PSE pushes for audit as P700-M white collar scandal hits R&L Investments

Nov 07, 2019 - 4:30 PM

A trusted employee addicted to gambling stole millions of pesos from one of the country's oldest brokerage firms, leading to the company's closure

Resorts World operator to delist from PSE on October 21

Oct 14, 2019 - 5:45 PM

Travellers International buys back its shares at just P5.50 apiece, much lower than its IPO price of P11 back in 2013

AllHome gets relatively warm welcome, gains 0.5% on PSE debut

Oct 10, 2019 - 7:20 PM

The initial public offering of AllHome, owned by richest Filipino Manny Villar, is the biggest listing on the Philippine Stock Exchange since 2016

Axelum falls over 6% on opening day, but points to 'long-term play'

Oct 07, 2019 - 6:00 PM

On its listing day, Axelum becomes 'collateral damage' in an uncertain market environment

Stocks to Watch: Axelum in a nutshell

Oct 07, 2019 - 9:00 AM

Going nuts over Axelum's listing on the main board of the Philippine Stock Exchange on Monday, October 7? Get to know the coconut products manufacturer here.

Fruitas files for P1.2-billion IPO

Sep 09, 2019 - 4:55 PM

Fruitas plans to offer shares priced P1.99 each at most by November 2019

Manny Pangilinan's hospital chain plans stock market debut

Sep 04, 2019 - 8:30 PM

Metro Pacific Hospital Holdings Incorporated proposes to sell at a maximum of P182 per share

PSE approves AllHome, Axelum IPOs

Aug 28, 2019 - 7:30 PM

AllHome is set to be offered at a maximum price of P16 per share, while Axelum's price is at most P6.81. The offer period starts September 2019.

Stocks to Watch: ABS-CBN, GMA earnings

Aug 19, 2019 - 9:30 AM

Are you a Kapamilya or a Kapuso? We look into their financials to check which company has earned and grown more over the years.

Resorts World Manila operator voluntarily delists from PSE

Aug 14, 2019 - 5:35 PM

Travellers International says its conversion from a public entity into a private company will allow it to address 'evolving market demands' without compromising business strategies

Stocks to Watch: China's war vs POGOs hits properties

Aug 12, 2019 - 9:30 AM

Properties hit the jackpot when online gambling flourished in Metro Manila. Just how colossal will the impact be if POGOs suddenly go away?

Stocks to Watch: Oh, ghost! Should investors be scared?

Aug 05, 2019 - 9:30 AM

Oh, ghost! August. Get it? It's that month where superstitious investors hide.

First Metro sees bulls in H2 2019

Aug 01, 2019 - 2:40 PM

With inflation slowing down and government spending expected to improve, bulls are expected to roam the stock market

Stocks to Watch: Jollibee in charts

Jul 29, 2019 - 9:30 AM

It's not just Chickenjoy: Jollibee is also selling cakes, burgers, pho, and now, more coffee. Can it brew Coffee Bean back to profit?

Kepwealth Property gets nod for IPO in August 2019

Jul 25, 2019 - 5:45 PM

Philippine Stock Exchange president Ramon Monzon hopes Kepwealth's move will encourage other companies that pushed back their initial public offering plans

Stocks to Watch: Waiting game for infrastructure

Jul 22, 2019 - 9:30 AM

The infrastructure boom is not quite here yet, and that may be good for patient investors

PSEi breaks into bull market territory, closes at 8,365

Jul 15, 2019 - 5:45 PM

The Philippine Stock Exchange index finally enters the bull market, but don't expect it to soar to 9,000 just yet

Stocks to Watch: 3 property stocks to consider buying

Jul 15, 2019 - 9:30 AM

Buy, sell, or hold? Rappler's very first weekly stock outlook looks at 3 property companies, as the sector appears set for greater heights.

PSEi seen to finish strong at 8,500 in 2019

Jul 05, 2019 - 4:27 PM

Philstocks is bullish on Philippine stocks, but trims its forecast on the country's economic growth

Shutterstock photo

PSEi is ASEAN's 3rd best in 1st half of 2019

Jul 03, 2019 - 11:54 AM

The Philippine Stock Exchange index ends higher in the 1st semester of 2019, with foreign investors as net buyers

PSE kicks out Melco Resorts

Jun 10, 2019 - 4:15 PM

Melco Resorts is set to be delisted from the Philippine Stock Exchange on Tuesday, June 11, after failing to reach the minimum public float for over 6 months