Philippine Stock market Feb 28 roller coaster frenzy

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Philippine Stock Market Update December 1

PSEi 4,002.88 | up 49.18 | 1.24% Value Php 5.9B Dow Jones    11,006.02    -46.47    (-0.42%) S&P 500    1,180.55    -7.21    (-0.61%) Nasdaq    2,498.23    -26.99    (-1.07%) It’s the first of the month, and just like a bad horror movie with the lead actor needing viagra, futures markets for Europe and Wall Street were pointing higher but then […]

Philippine Stock Market update Nov 30 DBP Daiwa gets grizzly at the close

PSEi 3,953.70 | down -99.88 | -2.46% Value 8,238,160,267.00 Dow Jones 11,052.49 -39.51 (-0.36%) S&P 500 1,187.76 -1.64 (-0.14%) Nasdaq 2,525.22 -9.34 (-0.37%) DOW 11k gets a reprieve, as they were saved by the close, from an intraday drop of about 150.  Fears of the Euro contagion was still there, as well as the unending […]

Meralco continues to rise to 300 on speculation of tender offer

Meralco Rises to Record on Tender Offer Speculation  — Manila Electric Co., supplier of more than half the Philippines’ power, rose to a record on speculation one of its two largest owners will buy out the other’s stake, triggering a tender offer to investors. Meralco, as the company is known, rose 21 percent to 272.50 […]

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