Dime Community Bancshares Non-GAAP EPS of $0.61 misses by $0.08, revenue of $115.61M beats by $2.86M
Dime Community Bancshares Non-GAAP EPS of $0.61 misses by $0.08, revenue of $115.61M beats by $2.86M
Category: stock market
PSEi back to the doldrums; rate cut comes too late
MANILA, Philippines – Profit taking early in the trading day quickly snapped the two-day winning streak of the benchmark stock index on Thursday, with the surprise interest rate cut optimism coming in too late. By the end of the session, the Philippine Stock Exchange Index (PSEi) lost 0.68 percent, or 41.34 points, to 6,057.40. Likewise,
Gregorio Araneta to exit PhilWeb for P1.8B
MANILA, Philippines – Trading of PhilWeb Corp.’s shares were suspended for one hour on Thursday following news of a possible change in control, with Gregorio Araneta Inc. (GAINC) selling its 57-percent stake for P1.8 billion. In a notice, the Philippine Stock Exchange said the trading suspension would be from 9:30 a.m. to 10:30 a.m. READ:
PSEi nears 6,100 as bargain hunters relish benign inflation
MANILA, Philippines – The local stock barometer settled just below 6,100 on Wednesday as optimism over the central bank’s next move intensified, especially after inflation in September had ended slower than expected. By the end of the session, the benchmark Philippine Stock Exchange Index (PSEi) gained 0.25 percent, or 14.91 points, to close at 6,098.74.
Benign September inflation perks up Philippine stocks
MANILA, Philippines — Investors were quick to take advantage of lower priced stocks on Tuesday, with the local bourse lighting up green after the inflation rate turned out to be lower than expected. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) recovered by 1.39 percent or 83.51 points to end at 6,083.83. Likewise,
PSEi starts new trading week in the red, stays just above 6000
MANILA, Philippines – Recent developments at the Senate, as well as profit-taking, weighed down the local bourse on Monday. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) had tumbled by 1.78 percent, or 108.54 points, to end at 6,000.32. READ: Why investors refuse to sell losing stocks Likewise, the broader All Shares