Share prices fell despite the decision of the United States Federal Reserve to hold rates steady, as local investors were more concerned about the April inflation data. ,
CEMEX divests assets in Philippines cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
Last week Share prices bounced back last week as tensions in the Middle East eased, but a “high-for-longer” interest rates could dampen investors’ appetite. The benchmark Philippine Stock Exchange index gained 185.75 points, or 2.88 percent, to close at 6,628.75 points. The main index was up all week long, as…
THE Consunji Group has signed a purchase agreement with Cemex Asia B.V. to acquire its entire stake of 42.14 million common shares in Cemex Asian South East Corp. (CASEC) for $305.6 million. CASEC is the majority shareholder of Cemex Holdings Philippines Inc. (CHP), which owns 89.86 percent of its outstanding…
Last week Share prices plunged last week as geopolitical tensions in the Middle East dampened investor sentiment. The benchmark Philippine Stock Exchange index fell 216.39 points to close at 6,443 points. The main index lost 4 percent during the first two days of trading, but recovered some of its losses…