MPIC still keen on Sangley airport project bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
LRMC says LRT-1 Cavite Extension 60% finished bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
BusinessWorld
August 4, 2021 | 9:00 pm
COURTESY OF PHILIPPINE STOCK EXCHANGE, INC.
PHILIPPINE shares continued to rally on Wednesday following positive earnings reports from companies, but analysts said the market could consolidate as the week comes to an end.
The Philippine Stock Exchange index (PSEi) gained 25.15 points or 0.38% on Wednesday to close at 6,585.21, while the all shares index went up by 18.77 points or 0.46% to end at 4,059.59.
“Philippine shares traded slightly up after the new string of positive corporate earnings results overshadowed investor concerns over the coronavirus and Chinese regulatory action against technology stocks,” Regina Capital Development Corp. Head of Sales Luis A. Limlingan said in a Viber message.
Infrastructure holding firm Metro Pacific Investments Corp. gained from the reopening of more industries in the second quarter, lifting its first-half figures with consolidated core net income jumping 13% to ₱6 billion against the previous ₱5.3 billion.
MPIC core net income climbs 13% to ₱6B in first half cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.