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%
During the Holy Week, Best to Invest will conduct a performance review of the Best Dividend Stocks vis-a-vis the Philippine Stock Exchange Index, the First Metro ETF, and some UITF (Unit Investment Trust Fund) benchmarks. Let’s see if we did better or we might as well re-allocate those dividend funds to some other investment options.
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
Meralco 2020 Net Income: In a press-release disclosure to the Philippine Stock Exchange on March 1, 2021, Manila Electric Company or Meralco (ticker symbol: MER) said that the company posted 2020 Consolidated Core Net Income (CCNI) of P21.7Bn, 9% lower than the P23.8Bn CCNI in 2019. Meralco 2020 Net Income Financial Highlights Financial highlights as
The Philippine Stock Exchange Index as of February 11, 2021. The Philippine Stock Exchange Index (PSEi) closed the week today at 6,991, declining by 0.4% from the previous week’s close of 7,019 and down 2.1% on a year-to-date basis. Today’s trading saw the index lose 91.14 points or 1.29% from yesterday’s close of 7,082. Among
Globe Telecom Inc. posted core net income of ₱19.5Bn in 2020, a decline of 13% compared to its earnings in 2019. The decline was mainly attributed to the effects of the pandemic which battered revenues across all lines of business except the Home broadband business, which achieved double-digit growth. The company invested a total of
GDP data released yesterday, along with covid-19 concerns and global stock market declines, bore on the Philippine Stock Exchange Index (PSEi) which closed the month of January 2021 at 6,612. The index fell sharply by 3.5% on Friday, January 29, 2021, shedding 6.1% from the previous week’s close of 7,045 and is down 7.4% on
Puregold (PGOLD): Do you wish to dig for gold? For pure gold? You can, literally, by buying shares of Puregold at the stock market. Puregold Price Club, Inc. (ticker symbol: PGOLD) has been sidelined by investors recently. In the last three months, its price gradually drifted down from a high of P44.70 per share to