PSE Market Summary:
The Philippine Stocks Market is up by 81.97 or 1.56% to close at 5,322.47 All sectors advanced led by Property (2.07%) and Services 1.92%).
WIN to Explore Possible Shift to Real Estate
Wellex Industries is studying possibility of shifting to real estate business amid resurgent performance by the industry. WIN currently operates as a mining company.
RFM in Talks for Possible Joint Venture
PT Indofood, a subsidiary of Pangilinan-led First Pacific Co. Ltd has reportedly expressed interest in forming a joint venture with a subsidiary of RFM corp. RFM denied rumors of offers to buy RFM Mr. Pangilinan.
AEV Buys UBP Shares
Aboitiz Equity Ventures, Inc. bought 1,650,000 shares of Union Bank of the Philippines today for a price ranging from 102.80 - 104.70. Similar stories were also previously reported.
AEV Buys UBP Shares
Aboitiz Equity Ventures, Inc. bought 1,650,000 shares of Union Bank of the Philippines today for a price ranging from 102.80 - 104.70. Similar stories were also previously reported.