The Daily Manila Shimbun

 

Stocks gain, peso at P50.355:$1

August 7, 2017

Stocks ended higher on Monday but the key index fell short of returning to the key level. The peso closed lower at P50.355 against the US dollar from P50.16 on Friday. Volume reached $428.90 million from the previous $631.30 million

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Gross international reserves level settled at $80.79 billion in July

August 7, 2017

Preliminary data showed that the country’s gross international reserves (GIR) level stood at $80.79 billion as of end-July, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla, Jr. announced Monday in a statement, This level was lower by $0.53 billion than

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Stocks up, peso surges to P50.16:$1

August 4, 2017

Stocks closed higher on Friday as the key index ended the week close to a psychological level. But the peso continued to show strength as it finished at P50.16 against the US dollar, up 11 centavos from Thursday. It was

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Higher transport prices raised inflation in June to 2.8% :NEDA

August 4, 2017

Price increases in the transport sector resulted in slightly higher inflation in July, the National Economic and Development Authority (NEDA) said Friday. Based on a report of NEDA-attached agency Philippine Statistics Authority (PSA), headline inflation increased to 2.8 percent in July 2017

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Slim gains for stocks, peso surges to P50.27:$1

August 3, 2017

Stocks were flat on Thursday, with the main index closing with slim gains. The Philippine Stock Exchange index was 4,01 points higher to 7,876.66. In the broader market, there were 114 decliners, 83 gainers and 54 unchanged. Volume reached 917

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PCC undertaking review of JTI’s acquisition of Mighty Corp.

August 3, 2017

The Philippine Competition Commission is reviewing the deal between the Japan Tobacco International and local cigarette manufacturing Mighty Corp., an official said on Thursday. In a press briefing in Malacanang, Philippine Competition Commission chairman Arsenio Balisacan said his office has

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PSE first half operating revenues up 18%

August 2, 2017

The Philippine Stock Exchange, Inc. (PSE) said its operating revenues from January to June rose by 18.1 percent to P 662.53 million from P 560.81 million in the previous year due to double digit gains in listing- and trading-related fees.

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Stocks reverse gains, ends lower

August 2, 2017

Stocks closed lower on Wednesday after moving higher in the morning session as the Philippine Stock Exchange index finished 33.95 points down to 7,872.65. In the broader market, there were 99 gainers, 92 decliners and 55 unchanged. Volume reached 1.6

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