Daily Archives: May 3, 2016

MARKET SUMMARY Philippine stocks drop following a regional decline. The local bourse, PSEi,are dragged downwards to its seven week low. The PSEi broke the 7000 support level during the day hitting 6980.18, but trimmed down its losses to close at … Continue reading →

May 3, 2016 HIGHLIGHTS: SECB 1Q16 net income down 10.7% to PhP3.0bn on lower trading gains SMPH 1Q16 net income up 12% to PhP5.8bn, inline with expectations HLCM 1Q16 net income steady at PhP1.5bn; revenues up 17% on strong cement … Continue reading →