Stocks tumble as new COVID-19 variant emerges
Local stocks fell yesterday alongside other markets in Asia after some European countries tightened curbs on travel and business…
Philippine Star
Stock Commentary: Solar Philippines plans P2.7-B IPO in December
Anyway, my first take is that I’m happy to see an interesting new IPO like this hit the market.
JFC to acquire majority stake in Taiwanese milk tea firm
In a disclosure to the Philippine Stock Exchange, the fast food giant reported it would be purchasing a majority stake in Milkshop…
Index drops anew on volatile trades
Share prices ended lower for a second day on choppy trading as investors weigh developments on the coronavirus outbreak and more…
Sugar group urges SRA to scrap US allocation
The United Sugar Producers Federation is urging the Sugar Regulatory Administration to scrap the A sugar allocation for the United…
Stock Commentary: RL Commercial REIT slashes IPO price by 12%
Price is the only real slider that the Gokongweis can easily adjust at this point (number of shares and the underlying financial…
‘Resilient’ BPO tenants send Filinvest REIT profits up 8% in H1
Newly-listed Filinvest REIT Corp. (FILREIT) saw its earnings grow in the first half, as call centers, which accounted for majority…
Stock Commentary: Bigger dividends await AREIT investors
Using AREIT’s current share price, the annualized Q2 dividend gives AREIT an estimated yield of 4.76%
Stock Commentary: Monde Nissin and the lockdown effect
“My initial take was that lockdowns were good for MONDE, so with that, I’d assume that a return to the strictest-level lockdown…
Local shares drop as Delta variant brings fresh threat to Philippines
The detection of highly contagious Covid-19 Delta variant in the Philippines sent local shares into a tailspin on Monday, amid…