stock exchange - updates

Rappler's latest stories on stock exchange


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.

6 people killed in attack on Pakistan Stock Exchange

Jun 29, 2020 - 2:13 PM

(4th UPDATE) Four security guards, a police officer and a bystander were killed in the melee, while local police chief Ghulam Nabi Memon confirms all 4 attackers were also dead

Zimbabwe suspends mobile banking, stock exchange trade

Jun 27, 2020 - 9:45 AM

The Zimbabwean government accuses the country's stock exchange of being complicit in illicit financial activities

Aaron Munyoro, who is unemployed and lives with his elderly mother, makes a payment from his mobile phone for basic food items including bread at a local tuck shop in Epworth, on the outskirts of Harare, on December 10, 2019. - The World Food Programme (WFP) and UKAID chose Epworth for an urban cash transfer pilot project where they are giving assistance of 9 USD mobile money transfers per person in food insecure households per month. (Photo by Jekesai NJIKIZANA / AFP)

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

Floor trading resumes at NYSE, with masks and plexiglas

May 27, 2020 - 7:00 AM

The reopening of the New York Stock Exchange trading floor is an important one symbolically for Wall Street and the United States

The New York Stock Exchange (NYSE) is pictures on May 26, 2020 at Wall Street in New York City. - Wall Street stocks surged early May 26, 2020 on optimism about coronavirus vaccines as the New York Stock Exchange resumed physical floor trading for the first time since late March. About five minutes into trading, the Dow Jones Industrial Average was up 2.3 percent at 25,023.76. The broad-based S&P 500 gained 2.0 percent to 3,013.04, while the tech-rich Nasdaq Composite Index advanced 1.6 percent to 9,468.96.The gains came after a ceremony presided over by New York Governor Andrew Cuomo, who wore a mask as he rung the opening bell to signal the start of the day for traders, also clad in masks and separated by plexiglas. (Photo by Johannes EISELE / AFP)

New York Stock Exchange to reopen trading floor, with limits

May 15, 2020 - 9:45 AM

Brokers will return to the New York Stock Exchange trading floor on May 26, but in fewer numbers and wearing masks

START OF TRADING. Traders work on the floor of the New York Stock Exchange during the opening bell on March 10, 2020. Photo by Timothy A. Clary/AFP

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

Hong Kong stock exchange enjoys upbeat 2019 despite protests

Feb 26, 2020 - 8:40 PM

Despite a drop in trading, Hong Kong Exchanges and Clearing posts an increase in net income in 2019

STOCKS DOWN. (L-R) The flags of the Hong Kong Stock Exchange, China, and Hong Kong are seen flapping in the wind on May 6, 2019. File photo by Anthony Wallace/AFP

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

Markets wobble as traders wind down for Christmas

Dec 23, 2019 - 11:49 PM

With very little by way of market-moving events on the horizon, analysts are expecting a quiet week

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

Saudi bourse sags as giant Aramco listing looms

Nov 03, 2019 - 10:45 PM

'If oil prices drop or Aramco stock falls, it is such a large part of Tadawul, it could bring the entire stock market down,' warns analyst Ellen Wald

A Saudi man monitors stock prices at Tadawul Saudi bourse in Riyadh on November 3, 2019. - Saudi Aramco confirmed it planned to list on the Riyadh stock exchange, describing it as a "significant milestone" in the history of the energy giant. (Photo by FAYEZ NURELDINE / AFP)

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

Hong Kong Stock Exchange drops bid for London rival

Oct 08, 2019 - 3:20 PM

Hong Kong Exchanges and Clearing Limited says it is 'disappointed' to pull its bid for the London Stock Exchange Group

STOCKS BOOSTED. (L-R) The flags of the Hong Kong Stock Exchange, China, and Hong Kong are seen flapping in the wind on May 6, 2019. File photo by Anthony Wallace/AFP

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.

Hong Kong Stock Exchange unveils shock $40-billion bid for London rival

Sep 11, 2019 - 10:05 PM

Hong Kong Exchanges and Clearing Limited says its proposed merger with the London Stock Exchange Group 'represents a highly compelling strategic opportunity'

Photo from Shutterstock

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