Richmond Mercurio

The bleeding continued for the local stock market yesterday as share prices plunged for the sixth consecutive session after US equities pulled back following its post-election rally.

Conglomerate GT Capital Holdings Inc. saw its earnings dip in the nine months ending September on the absence of significant property sales realized by the parent company and Federal Land.

Conglomerate JG Summit Holdings Inc. is injecting fresh capital to its petrochemicals unit to pay off maturing obligations.

MANILA, Philippines — Share prices plunged anew yesterday as investors continue to exit the market, extending the local bourse's losing streak to seven days.

Century Properties Group Inc., the listed property developer of the Antonio family, has set its sights on more provincial expansion after its expanded geographic and product footprint propelled earnings to a double-digit growth in the nine months ending September.

The earnings of Gotianun-led conglomerate Filinvest Development Corp. soared to a new record-high in the nine months ending September.

Dito CME Holdings Corp. of Davao-based businessman Dennis Uy is proceeding with its planned follow-on offering of up to P4.2 billion this month.

Top Line Business Development Corp. is ready to brave the prevailing market conditions and push through with its initial public offering.

Earnings of counter service bakery operator Balai ni Fruitas Inc. climbed by a little over a quarter in the nine months ending September as the company’s revenue nearly reached the half-billion-peso mark.

DMCI Homes, the property development arm of the Consunji Group, is investing around P24 billion in its foray into the Cebu real estate market.