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Basic Energy swaps assets with Thai firm - Vimarsana News

Basic Energy swaps assets with Thai firm

Listed Basic Energy Corp. is exchanging its equity investments in two Thai engineering, procurement and construction contractors for equipment to be used for its solarization projects in the country.

Stock Commentary: Basic Energy Q1 profit soars 935% y/y - Vimarsana News

Stock Commentary: Basic Energy Q1 profit soars 935% y/y

I haven’t had a lot of time to digest what’s happening with BSC.

PSE suspends trading in 11 delinquent firms - Vimarsana News

PSE suspends trading in 11 delinquent firms

The Philippine Stock Exchange has suspended trading in 11 companies starting June 1 for failing to submit reportorial requirements.

A risky strategy - Vimarsana News

A risky strategy

MANILA: Philippine stocks have rapidly gone from one of the world’s best performers to the absolute worst, prompting the nation’s growing pack of retail investors to shift attention to speculative penny stocks in the search for better returns. The Philippine Stock Exchange Index is down 7.4% so far this year, the biggest decline among 92 global equity benchmarks tracked by Bloomberg. That’s a dramatic turnaround after the gauge’s 22% surge in the three months ended December saw it ranked No. 16 for that period. Faced with a decline in the nation’s biggest stocks amid an exodus of fo...

Philippine stocks go for a tailspin in 2021 - Vimarsana News

Philippine stocks go for a tailspin in 2021

Manila: Philippine stocks have rapidly gone from one of the world's best performers to the absolute worst, prompting the nation's growing pack of retail investors to shift attention to speculative penny stocks in the search for better returns. The Philippine Stock Exchange Index is down 7.4% so far this year, the biggest decline among 92 global equity benchmarks tracked by Bloomberg. That's a dramatic turnaround after the gauge's 22% surge in the three months ended December saw it ranked No. 16 for that period. Faced with a decline in the nation's biggest stocks amid an exodus of foreign inve...