The Philippine Stock Exchange Composite Index (PCOMP) or PSEi closed last Friday (May 14, 2021) at 6,269.36, up 0.53% for the day and up 10 points from the previous week’s closing of 6,258.71. Nothing spectacular or unusual if one just looks at the closing level. But if one would look at the chart, he’d notice
1Q 2021 Performance Review of Best2invest.net’s Dividend Stocks Portfolio. Before the close of last year, I laid out the following list of the best dividend-yielding stocks for 2021, with prices and dividend yields as of December 27, 2020: Symbol Stock Dec. 27, 2020 Price 2020 Div Div Yield AP Aboitiz Power Corp 26.75 1.18 4.4%
Ides of March (March 15, 2021): The Philippine Stock Exchange Index (PSEi) closed on March 15 (the Ides of March) at 6,552, shedding 177 points or 2.6% from the March 12 closing of 6,729. It fell as much as 3.6% during the day but managed to pare the losses as some investors started bargain-hunting. All
Stock Market Outlook (Technical): The Philippine Stock Exchange Index, status and technical outlook, as of March 05, 2021. The Philippine Stock Exchange Index (PSEi) closed flat on Friday at 6,881, losing a mere point from Thursday’s close of 6,882. As what can be expected from such a flat close, sector indices were mixed – the
Cirtek Holdings Philippines Corporation Sanctioned by the Philippine Stock Exchange On January 15, 2021, the Philippine Stock Exchange meted out penalties to Cirtek Holdings Philippines Corporation for, among other violations, inaccurate or non-disclosure of the changes in the ownership of its director and principal officers. Bilyonaryo.com.ph, an online business news outlet, gave some details on
Unusual Price Movements in the Philippine Stock Market This week, we are seeing a barrage of corporate disclosures on unusual price movements in the stock market. On Monday, January 18, 2021, the Capital Markets Integrity Corporation (CIMC) issued unusual-price-movement inquiries to Pacifica Holdings, Inc. (ticker symbol: PA), Oriental Petroleum and Minerals Corporation (OPM and OPMB),