Market Insights

Analysis First Quarter 2021 (1Q21) Net Income Down 22% to P5.0 Billion BPI posted a net income of P5.0 Billion in 1Q21,...

Market Event Fiber internet service provider Converge ICT Solutions Inc. has connected Visayas and Mindanao to its national fiber backbone as part of its P6-billion domestic...

Market Event PAGCOR’s net income in first quarter 2021 (1Q21) dropped by 80% year-on-year (YoY) to P156.2 Million as lockdown measures continue to hamper gaming operations.

Market Event Del Monte Philippines, Inc. (DMPI) on Wednesday revived its initial public offering (IPO) plan, which aims to raise as much as P44 Billion.

Market Event Iron ore prices hit a record-high as aggressive, infrastructure-focused stimulus programs in China fuel booming demand for the key steel-making raw material.

Market Event ADB slashed its growth forecast for the Philippines to 4.5% (from 6.5%) in 2021. The latest forecast was a “floor” which meant growth rate...

Support: 6325.64 / 6202.90Resistance: 6400.00 The index remains in a downtrend and it is expected to test 6325.64 and 6202.90 support...

Macro-Economic Analysis Last week, the PSEi dropped 116.74 points to close at 6,378.07 (-1.8% week-on-week) as investors remain wary of the continued increase in the country’s daily...

The local bourse has been in the red for five straight days now. Yesterday, it closed -0.52% lower at 6,356.47. It is trading painstakingly...

Market Event San Miguel Corp. (SMC), through its power arm SMC Global Power Holdings Corp., is spending more than $1 billion to build new battery energy...