PHILIPPINE shares declined on Wednesday after the International Monetary Fund (IMF) lowered its economic growth outlook for the country and as investors remained cautious ahead of the announcement of new quarantine restrictions. The Philippine Stock Exchange index (PSEi) lost 38.90 points or 0.54% to close at 7,068.92 on Wednesday, while the broader all shares index […]
Tag: shares
Showa Denko Announces Number of Shares to be Issued under Third-Party Allotment
TOKYO, Oct 8, 2021 – (JCN Newswire via SEAPRWire.com) – Showa Denko K.K. (SDK; TSE:4004) hereby announces that, in connection with the issuance of new shares by way of the Third-Party Allotment, which its board of directors resolved on August 23, 2021 concurrently with the resolution on the issuance of new shares by way of […]
Shares drop as investors pocket gains from rally
SHARES snapped their three-day rally on Thursday as investors pocketed gains and after Nikkei Asia’s coronavirus disease 2019 (COVID-19) recovery report put the Philippines in last place. The Philippine Stock Exchange index (PSEi) declined by 106.15 points or 1.50% on Thursday to close at 6,951.30, while the all shares index shed 54.29 points or 1.23% […]
ATN Holdings to apply for listing of 2.33M more shares
THE board of directors of listed holding firm ATN Holdings, Inc. has given the green light for the corporation to apply for the listing of 2,325,055,429 shares at the Philippine Stock Exchange (PSE). These shares will be issued to Unipage Management, Inc. Broken down, Unipage Management will be subscribing to 325,055,429 common class “A” shares […]
PSEi rises on vaccine arrivals, lower infections
SHARES climbed on Monday on the arrival of more coronavirus disease 2019 (COVID-19) vaccine doses over the weekend and as the country continued to report lower infections. The benchmark Philippine Stock Exchange index (PSEi) went up by 37.29 points or 0.53% to close at 6,960.89 on Monday, while the broader all shares index gained 21.68 […]
Looser lockdown, approval of P20-B preferred shares issuance lift Jollibee’s stock price
By Ana Olivia A. Tirona, Researcher IMPROVED market sentiment drove up Jollibee Foods Corp.’s share price last week due to the gradual reopening of the economy as well as news of the fastfood giant’s approved preferred shares. A total of 3.43 million Jollibee shares worth P686.13 million were traded from Sept. 20 to 24, data […]
CEKD IPO shares oversubscribed by 131.61 times
KUALA LUMPUR, Sep 21, 2021 – (ACN Newswire via SEAPRWire.com) – The shares of CEKD BERHAD (“CEKD” or the “Group”) has been oversubscribed by 131.61 times ahead of the Group’s listing on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). Managing Director of CEKD, Ms. Yap Kai Ning “We are extremely grateful for […]
Shares drop ahead of Fed, BSP policy meetings
PHILIPPINE shares opened the week in the red on cautious trading due to the lack of positive catalysts and ahead of central bank meetings here and abroad. The Philippine Stock Exchange index (PSEi) lost 54.95 points or 0.79% to close at 6,857.90 on Monday, while the all shares index shed 29.51 points or 0.68% to […]
TIME Interconnect’s Major Shareholder Increased the Shareholding
HONG KONG, Sep 14, 2021 – (ACN Newswire via SEAPRWire.com) – TIME Interconnect Technology Limited (the “Company “, Stock Code: 1729, with its subsidiaries collectively referred to as the “Group”) is pleased to announce details of the increase in the shareholding in the Company by controlling shareholder, Mr. Lo Chung Wai Paul, a non-executive director […]
Stocks climb as metro kept under strict lockdown
PHILIPPINE shares closed in the green on Tuesday after the government decided to keep Metro Manila under strict lockdown measures due to the continued rise in coronavirus disease 2019 (COVID-19) infections. The Philippine Stock Exchange index (PSEi) went up by 36.68 points or 0.53% on Wednesday to close at 6,949.39, while the broader all shares […]
Showa Denko Announces the Number of New Shares to be Issued
TOKYO, Sep 8, 2021 – (JCN Newswire via SEAPRWire.com) – Showa Denko K.K. (TSE:4004) hereby announces that, relating to the issuance of new shares of its common stock which its board of directors resolved on August 23, 2021, the number of shares to be issued by exercise of the option to purchase additional newly issued […]
Showa Denko Announces the Issue Price, Selling Price, and Matters Relating to its New Shares
TOKYO, Sep 6, 2021 – (JCN Newswire via SEAPRWire.com) – Showa Denko K.K. (the “Company”) hereby announces the issue price, selling price and certain other matters relating to the issuance of its new shares and the secondary offering of shares which its board of directors resolved on August 23, 2021, as set forth below. 1. […]
CEKD Berhad Launches Prospectus to Raise RM24.28 Million from IPO
KUALA LUMPUR, Sep 6, 2021 – (ACN Newswire via SEAPRWire.com) – CEKD BERHAD (“CEKD” or the “Group”), a die-cutting solutions provider as well as manufacturer of die-cutting moulds and trader of related consumables, tools and accessories enroute to a listing on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities), is pleased to announce […]
NEC Announces Transfer of Shares in a Consolidated Subsidiary
TOKYO, Sep 3, 2021 – (JCN Newswire via SEAPRWire.com) – NEC Corporation (TSE: 6701) today announced the transfer of all shares in NEC Energy Solutions, Inc. (NEC Energy Solutions), a consolidated subsidiary, to LG Energy Solution, Ltd. (LG Energy Solution). The stock transfer is scheduled to take place following completion of required regulatory clearances. In […]
Stocks fall as manufacturing PMI drops in Aug.
SHARES declined on last-minute profit taking after manufacturing activity in the country dropped last month as strict lockdown restrictions were reimposed amid a surge in coronavirus disease 2019 (COVID-19) cases. The benchmark Philippine Stock Exchange index (PSEi) dropped 69.50 points or 1.01% to close at 6,785.94 on Wednesday, while the all shares index lost 10.32 […]
Shares rise after last-minute bargain hunting
PHILIPPINE shares closed higher on Tuesday on last-minute bargain hunting after trading in negative territory for most of the session as the country logged record coronavirus disease 2019 (COVID-19) infections on Monday. The Philippine Stock Exchange index (PSEi) gained 68.82 points or 1.01% on Tuesday to close at 6,855.44, while the all shares index climbed […]
Profit taking, investor sentiment drives ICTSI stock
INTERNATIONAL Container Terminal Services, Inc.’s (ICTSI) stock price remained largely unchanged on a week-on-week basis but was among the most actively traded stocks during the period as both selling and buying pressures evened out. Data from the Philippine Stock Exchange (PSE) showed ICTSI ranking eighth in value turnover with P876.42-million worth of 4.87 million shares […]
Showa Denko Announces Issuance of New Shares and Secondary Offering of Shares
TOKYO, Aug 23, 2021 – (JCN Newswire via SEAPRWire.com) – Showa Denko K.K. (the “Company”) hereby announces that its board of directors has resolved matters relating to the issuance of its new shares and the secondary offering of shares on August 23, 2021, as set forth below. With the aim to establish a leading position […]
Shares rise on remittances data, firms’ earnings
PHILIPPINE shares rose on Tuesday after remittances recorded a six-month high in June and as the corporate earnings season ends on a “high note.” The Philippine Stock Exchange index (PSEi) went up by 47.73 points or 0.73% to close at 6,561.41 on Tuesday, while the all shares index climbed 19.31 points or 0.47% to 4,072.47. […]
PSE index sinks on lockdown fears, rebalancing
PHILIPPINE shares sank on Thursday as the country’s coronavirus disease 2019 (COVID-19) situation affected sentiment and as investors adjusted their portfolios to prepare for the index’s rebalancing. The Philippine Stock Exchange index (PSEi) shed 110.29 points or 1.65% to close at 6,556.57 on Thursday, while the broader all shares index went down by 51.68 points […]