Listing By way of Introduction, suspended – PSE

The Philippine Stock Exchange (PSE) has suspended its Rules on Listing by Way of Introduction under its Revised Listing Rules and will stop accepting applications under these rules which has been considered a loophole in its stringent listing requirements. The recently revised PSE rules allows firms to list their shares at the bourse without first […]

Daily Market Notes January 28, 2010

PSEi   2,961.63         UP     42.15 value php    2,358,282,930.00 DOW      41.87 +0.41% 10,236.16 NASDAQ 17.68 +0.80% 2,221.41 S&P 500   5.33 +0.49% 1,097.50 In the first clear sign of a technical bounce, wall street trades lower during early session, and closes slightly higher.  Asia and Europe follow with potentially over 1% upticks.  Wall street got its momentum from […]

Daily Market Notes January 21, 2010

PSEi    3,085.58         UP      1.72 value php   2,205,133,185.00 DOW   122.28 -1.14% 10,603.15 NASDAQ 29.15 -1.26% 2,291.25 S&P 500 12.19 -1.06% 1,138.04 Strong dollar, China tightening, Sell on news on lukewarm IBM results, BoAmerica losses, all joined hands to recoup all the gains and put wall street back to where they were a day before.  Good results […]

New upcoming ipo: Integrated Micro-Electronics, Inc of Ayala

The Philippine Stock Exchange has approved Ayala-led Integrated Micro-Electronics, Inc.’s plan to list its shares without necessarily raising capital by selling these to the public. "We have already approved IMI’s listing by way of introduction and hopefully we can do that by January," PSE President Francis Ed. Lim said in a chance interview. Listing by […]

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