Markets
SME-focused crowdfunding platform lines up post pandemic recovery programs
Investree Philippines, the first crowdfunding intermediary and funding platform licensed by the Securities and Exchange Commission SEC), maintains a positive outlook on financing this year amid predicted global financial crisis. The platform is launching initiatives to accelerate post-pandemic recovery through accessible and inclusive financing.
Stockbroker survey shows high PSEi towards yearend
Stockbroker COL Financial Group Inc. projects trades shown as the main index at the Philippine Stock Exchange, or PSEi, to hit between 7,500 to 8,250 towards yearend or by early next year as the economy continues to grow.
DMCI, Union Bank boot out Megaworld, Robinsons Land from PSEi
DMCI and Union Bank will replace Megaworld Corp. and Robinsons Land Corp., which will be booted out at the 30-company PSEi, based on the 2022 index review of the Philippine Stock Exchange.
Areit secures SEC approval of its share swap with Ayala Land
Areit Inc., the real estate investment trust sponsored by property developer Ayala Land Inc. (ALI), on Wednesday obtained regulatory approval of its share swap proposal valued at P11.25 billion.
PSEi seen reaching 7,800 points by yearend
The benchmark Philippine Stock Exchange index (PSEi) could hit 7,800 points within the year as most of its 30-members have forecast earnings exceeding pre-pandemic levels.
