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The Philippine Stock Exchange has suspended trading in 11 companies starting June 1 for failing to submit reportorial requirements.
THE Philippine Stock Exchange (PSE) is addressing investor concerns especially those related to listed issues, according to First Grade Finance Inc. managing director Astro C. del Castillo. Del Castillo was reacting to a question during the Experts Forum on Finance and the Economy regarding the status of Abra Mining and…
Galena Mining subsidiary Abra Mining has begun mining of the underground decline at its Abra base metals project in Western Australia.
March 11, 2021 | 1:14 pm Font Size AAA Daily trading in Philippine equities, Asia-Pacific’s second-worst performer this year with a 4.6% loss, has plunged from a record after the bourse suspended its most active stock — Abra Mining & Industrial Corp. Shares of unprofitable Abra Mining were suspended indefinitely amid a probe by the exchange and the regulator for alleged violations that include trading of unissued and unlisted company stock. The halt, since March 4, will last until the infractions are resolved, the bourse said. While Abra Mining comprised 77% of the market’s dai...