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Philippine Stock Market Wrap-up Report: October 16, 2018
Find out what happened to your stocks today. Read our free wrap-up report for the Philippine Stock Market for October 16, 2018.
Posted On 16 Oct 2018
Stock Analysis
ABS-CBN Corporation (ABS): A Buy on Bad News?
ABS-CBN Corporation (ABS) announced today that it has ended its partnership with Globe. The partnership started in 2013 for a five-year service agreement to deliver content and telecom services on mobile service utilizing the ABS-CBN mobile brand. Furthermore, the partnership was...
Posted On 16 Oct 2018
Philippine Stock Market Wrap-up Report: October 15, 2018
Manila, Philippines – The Philippine Stock Exchange index was flat the entire day but was sold off at market run-off. The index ended at 6926.51, down by 78.26 points or 1.12 percent. The broader all-share index declined by 0.59 percent. The drop was across the board as all...
Posted On 15 Oct 2018
Globe Telecom, Inc. (GLO): The End of a Bull Run?
Is it the end of GLO's positive run? Read our free stock analysis Globe Telecom, Inc. (GLO) for today, October 15, 2018, to find out.
Posted On 15 Oct 2018
Strategies
How to Use the Peak-and-Trough Analysis?
The up and down trends in the progress of price activities in all securities are called peaks and troughs. The term zigzag pattern usually describes these trends. Various chart software that recognize and analyze peaks and troughs use %-zigzag to indicate the pattern in the...
Posted On 21 May 2017
How to Use the Guppy Multiple Moving Average in Trading?
What is Guppy Multiple Moving Average (GMMA)? It is a technique developed by an Australian trader named Daryl Guppy. It is a measurement method being used for technical assessments to evaluate fluctuating trends. The method can be done by merging two sets of moving averages in...
Posted On 20 May 2017
Earnings News
San Miguel Corporation’s Recurring Net Revenue Grew by 11%
San Miguel Corporation (SMC) increased its recurring net revenue to 54.7 billion pesos by 11 percent. Combined revenues hit 826 billion pesos, higher by 21 percent, while consolidated operating revenue totaled 111 billion pesos, which is 11 percent higher compared to the 99.7...
Posted On 19 Mar 2018
Local News
Gokongwei Plans to Build Casino in Cebu Worth P18B
John Gokongwei, owner of the Universal Hotels and Resorts Incorporated (UHRI), has pledged to finance 18 billion pesos for the casino venture that he will be constructing in Cebu. He plans to build the project in the South Road Properties of Cebu, indicating the conglomerate's...
Posted On 19 Mar 2018
Global News
Dips in the Cryptocurrency With an All-Time Low for Bitcoin
Recent dips in the crypto market caused a massive stir in investors. But what caused Bitcoin to hit its all-time low? We'll tell you what we know.
Posted On 07 Feb 2018
IPO News
Cebu Landmasters and Eagle Cement Approved for an IPO
MANILA, Philippines – The bourse told reporters on Wednesday that the PSE panel of directors gave nods on the Cebu Landmasters and Eagle Cement’s decision to raise a maximum of 3.8 billion pesos and 9.2 billion pesos from their starting share trades, respectively. The Eagle...
Posted On 11 May 2017
Cebu Landmasters Seeks Initial Public Offering in May
MANILA, Philippines – A Cebu-based real estate developer is set to list its shares on the Philippine Stock Exchange in May. Cebu Landmasters, Inc. has advanced its plan to go public. It has already sought regulatory approval in order to do an initial public offering for...
Posted On 21 Feb 2017
Bermaz Auto Submits IPO Application Next Semester
MANILA, Philippines – BERMAZ Auto Bhd (BAuto) submits its application for initial public offering (IPO) of its subsidiary in the Philippines, which may take place next semester and total up to P1.24 billion. Bursa Malaysia, the Mazda distributor in Malaysia and the Philippines,...
Posted On 15 Dec 2016
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