PSEi moves up as investors anticipate NCR’s reopening

PSEi moves up as investors anticipate NCR’s reopening

Shares of Lopez-led First Gen Corp. sizzled at the local stock market on Wednesday follo­wing a tender offer at a premium price made by a unit of American private equity firm KKR. First Gen outperformed the main-share Philippine Stock Exchange index (PSEi), which added 26.95 points or 0.49 percent to close at 5,523.78. The Singapore-based […]
PSEi moves up as investors anticipate NCR’s reopening

Market down as investors dump Jollibee stocks

Investors dumped shares of fast-food giant Jollibee Foods Corp., dragging down the main stock barometer on Tuesday (May 26), in anticipation of poor earnings due to the novel coronavirus disease (COVID-19) pandemic. Bucking mostly upbeat regional markets, the...
Investors turn cautious as pledges drop by 70%

Investors turn cautious as pledges drop by 70%

Investors pulled back from their usual aggressive pitch, as pledges received by the Board of Investors (BOI) in the first four months of the year dropped by more than 70 percent to P84.1 billion from P286.7 billion in the same period last year. In a statement, Trade...