06/12/2019 11:53:02
Finance Manila - Philippine stock market, business, tech, travel, life in the metro
Our world in and out of the workaday world
For the Digitel story, the price action actually began 7 trading days ago. It started out with tens of millions of shares being bought from 1.30 to 1.40. Rumors reached some were that Manny Pangilinan, or MVP, will but Gokongwei’s Digital Telecommunications somehow. The price immediately gapped up for two days to 1.66 on day […]
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After three years in the making from first filing for application of IPO last 2007, to canceling about twice or thrice, Cebu Pacific may finally list this October 26, 2010. It is the largest in the Philippines since 2005. According to centreforaviation.com, Cebu Pacific recently became the largest airline in the Philippines by domestic traffic […]
PSEi 4,245.05 | up 48.32 | 1.15% Value php 5b Dow Jones 10,967.65 +22.93 (0.21%) S&P 500 1,159.97 -0.78 (-0.07%) Nasdaq 2,380.66 -19.17 (-0.80%) Wall Street was flat amidst ADP employment report on private-sector employment for September showed a 39,000 drop in payrolls, well below expectations for a 20,000 increase. Also not so great data […]
PSEi 3,418.71 UP 13.02 value php 3,752,729,515.00 Dow 10,229.96 +75.53 (0.74%) S&P 500 1,083.48 +12.23 (1.14%) Nasdaq 2,222.49 +24.26 (1.10%) Read this. it’s Kind of funny. Just as markets opened, the headlines read: Stocks sink as Golman Sachs said second-quarter profit plunged 82 percent to the lowest level since the end of 2008. After the […]
PSEi 3,266.62 DOWN 6.11 value php 2,715,945,810.00 Wall street Holiday Monday, Memorial Day The cat is away, and supposedly the mouse can play, but “cat futures” pointed .5% lower, dampening any positive hopefulness for Asia, despite Europe closing flat last night. Only a handful of index stocks gained: AGI 5.8 TEL BDO CHIB ICT, while […]
PSEi 3,272.73 UP 20.10 VALUE PHP 2,525,478,770.00 Dow10,136.63-122.36(-1.19%) S&P 5001,089.41-13.65(-1.24%) Nasdaq2,257.04-20.64(-0.91%) At the end of Friday’s trade, Wall street shorters try to square off some trading ahead of the long weekend due to Memorial Day holiday this Monday. Intraday lows of dow being down over 150 gradually rose until the DJIA was lower by […]
PSEi 3,289.31 DOWN 41.11 value php 3,493,049,132.50 Dow 10,620.16 -162.79 (-1.51%) S&P 500 1,135.68 -21.75 (-1.88%) Nasdaq 2,346.85 -47.51 (-1.98%) Renewed Eurozone debt fears and Wall Street’s continued correction set the momentum for Asia’s downward trek this morning. Our own PSEi was being its own resilient self. turning down 30 at the open and recovering […]
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