Happy Friday, Barkada --
The PSE closed up 14 points to 5654 [▲0.25%].
Daily meme
COVID Update
Code:
WW: 3903965 ▲1%
PH: 10343 ▲3%
Top 3 MB indices:
Code:
#COVID-19 ▲2.63%
POGO Prop. ▲1.93%
D30 Targets ▲1.64%
Bottom 3 MB indices:
Code:
Telco ▼3.10%
2019 IPOs ▼2.64%
POGO Gaming ▼2.01%
Main stories covered:
- China Bank posts Q1 net income increase of 19% y/y
- Philippine GDP actually shrank 0.2% in Q1; the first contraction since the 1998 Asian Financial Crisis
- Robinsons Land posts Q1 net income gain of 82% y/y
- PLDT posts Q1 net income decrease of 12% y/y
About Merkado Barkada
Merkado Barkada is a daily email newsletter covering all the stocks, bonds, companies, characters, and issues that make up the Philippine Stock Exchange. I don't make any money from MB, I don't use affiliate links or anything to trick people, and I don't sell email addresses for quick pesos. I simply like researching news and writing about current events in a way that helps my friends, family, and barkada to understand more easily what is happening.