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Philippine shares cap 2022 flat, putting chaotic year to rest

Capital raised at stock market halved to P62 billion in first half

Capital raised by companies from the stock market in the first half reached P61.92 billion, 50 percent lower than the P122.46 billion generated in the same period last year.

PSE: Initial public offerings to hit record high this year

The Philippine Stock Exchange Inc. (PSE) said the number of companies going public may hit record high this year, but the amount could still be lower than the previous year, when Monde Nissin Corp. conducted an initial public offering (IPO). PSE President and CEO Ramon S. Monzon said the bourse…

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