PSE restores requirement for listed firms
The Philippine Stock Exchange (PSE) board of directors has approved the reinstatement of the rule requiring listed and listing applicant firms to meet a minimum 10 percent public float to maintain their listing status with the Exchange.
The Minimum Public Ownership (MPO) rule has passed through various debates across the terms of various boards of directors [...]
Local stocks close higher
The Philippine market closed to its highest level on Thursday after Philex Mining Corp. and Manila Electric Co. (Meralco) returned to the limelight.
The bellwether Philippine Stock Exchange index rose by one percent or 30.69 points to close at 3,083.30 on Thursday, while the all share index rallied by 0.67 percent or 12.91 points to [...]
Philippine shares close lower
Local share prices closed 0.154 percent lower on Monday as weakness in the US market deterred local investors, dealers said.
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