^

Business

PSEi hits another record high

Jovan Cerda - The Philippine Star
December 26, 2012 | 4:43pm

 

MANILA, Philippines - The Philippine Stock Exchange made another record as it closed at 5,832.30 on Wednesday, its 38th record high for the year.

The main index grew by 8.89 points, beating Dec. 11's record close of 5,831.50.

“The recent slew of good news triggered by the economy’s stellar performance and S&P’s recent credit outlook upgrade has resulted in a continued post-Christmas rally,” PSE President and Chief Executive Officer Hans B. Sicat said.

38TH

AMP

ANOTHER

BEATING

CHIEF

PHILIPPINE STOCK EXCHANGE

PRESIDENT AND CHIEF EXECUTIVE OFFICER HANS B

RECENT

RECORD

SICAT
  • Latest
  • Trending
Trending
Latest
Trending
abtest
abtest
Trump threatens to take back control of Panama Canal

Trump threatens to take back control of Panama Canal

19 hours ago
Incoming US president Donald Trump on Saturday slammed what he called unfair fees for US ships passing through the Panama...
Business
fbtw
Google counters bid by US to force sale of Chrome

Google counters bid by US to force sale of Chrome

1 day ago
Google late Friday countered a US call to sell its Chrome browser, suggesting a judge address antitrust concerns by barring...
Business
fbtw
ACEN allots P70 billion for capex in 2025

ACEN allots P70 billion for capex in 2025

By Brix Lelis | 10 hours ago
Ayala-led ACEN Corp. is allocating P70 billion in capital expenditure (capex) next year to fuel its growth and further strengthen...
Business
fbtw

Fed spoils Christmas party

By Wilson Sy | 10 hours ago
The merrymaking and the parties on Wall Street turned somber last week as investors digested the Federal Reserve’s hawkish surprise.
Business
fbtw
Bacolod City awards first 4PH building

Bacolod City awards first 4PH building

10 hours ago
Bacolod City made history as the first local government unit in the Philippines to hand over a completed 4PH housing bui...
Business
fbtw
Latest
abtest
ADB OKs $500 million loan for employment recovery

ADB OKs $500 million loan for employment recovery

By Louella Desiderio | 10 hours ago
The Asian Development Bank (ADB) has approved a $500-million loan to the Philippines to support employment recovery through...
Business
fbtw
Pets, poultry to fuel rise in corn imports

Pets, poultry to fuel rise in corn imports

By Jasper Emmanuel Arcalas | 10 hours ago
The growing demand for pet food and sustained poultry expansion would drive the country’s corn import in the current...
Business
fbtw
ACMobility takes over electric vehicles charger locator

ACMobility takes over electric vehicles charger locator

By Elijah Felice Rosales | 10 hours ago
The automotive unit of the Ayala Group has acquired a startup that promotes the shift to electric vehicles by pointing drivers...
Business
fbtw

Poor business model

By Boo Chanco | 10 hours ago
The Metro Manila condo oversupply, now equivalent to 34 months, is not surprising.
Business
fbtw

Holiday exodus

By Marianne Go | 10 hours ago
The Christmas and New Year holiday exodus out of the city began over the weekend and will likely last until the first week of January.
Business
fbtw
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with