Daily Archives: September 16, 2011

PSEi Performance – Gainers, Losers, Most Active – 09/16/2011

DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR MADE AVAILABLE TO OTHERS. UNDER NO CIRCUMSTANCES IS IT TO BE CONSIDERED AS AN OFFER TO SELL OR A … Continue reading

Comments Off

Economic Outlook: September 16, 2011

A wave of confidence swept continental Europe after France and Germany gave their assurance that Europe will still stand with Greece’s debt skirmish. Greece is still committed in paying off its obligations on time in order to reach its fiscal … Continue reading

Comments Off

Corporate News: PLDT (TEL) & Globe Telecom (GLO)

Philippine Long Distance Telephone (TEL) and Globe Telecom (GLO) will interconnect their respective fixed-line phone networks in seven areas before the end of the year. The areas to be geared for full interconnection are: Laguna, Bulacan, Zamboanga, Quezon, Benguet, La … Continue reading

Comments Off

Corporate News: SM Development Corp. (SMDC)

SM Development Corp. (SMDC) is set to launch Mezza II Residences, a 40-story residential condominium project located near SM City Sta. Mesa. The new tower will offer 1,300 units and will cost around PhP2.0bn. Studio, one-bedroom and two-bedroom units will … Continue reading

Comments Off

Market Summary and Outlook: September 16, 2011

Bargain-hunting on property and mining stocks pushed local share prices on Thursday snapping the market’s four-day losing streak. The PSEi main index gained 32.54 points, or 0.76% higher from the previous day, to close at 4,291.40, or moderate trading volume. … Continue reading

Comments Off