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                    [Title] => Local shares open higher due to bargain-hunting
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MANILA (AFP) - Philippine shares opened higher Friday as bargain hunters moved in on the back of the fallout from the US sub-prime mortgage market crisis, dealers said.
The composite index was up 40.35 points or 1.37 percent at 2,982 about 15 minutes into the session.
On Thursday, Manila's main index posted its biggest single-day rout since February 28 when a selloff was triggered by the plunge in Chinese markets.
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                    [Title] => Biofuels measure likely to boost shares of Chemrez
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The imminent enactment of the Biofuel bill is expected to boost Chemrez Technologies Inc. (ChemTech) when it resumes trading its shares today simultaneous with the listing of additional shares worth P1.5 billion.


Stock market analysts said the public offer involving 340.91 million shares was at least four times oversubscribed due to strong demand from foreign and domestic investors.  ChemTech used to be Corro-Coat Inc.  


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FRANCISCO LIBORO

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                    [Title] => Local shares open higher due to bargain-hunting
                    [Summary] => 
MANILA (AFP) - Philippine shares opened higher Friday as bargain hunters moved in on the back of the fallout from the US sub-prime mortgage market crisis, dealers said.
The composite index was up 40.35 points or 1.37 percent at 2,982 about 15 minutes into the session.
On Thursday, Manila's main index posted its biggest single-day rout since February 28 when a selloff was triggered by the plunge in Chinese markets.
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                    [Title] => Biofuels measure likely to boost shares of Chemrez
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The imminent enactment of the Biofuel bill is expected to boost Chemrez Technologies Inc. (ChemTech) when it resumes trading its shares today simultaneous with the listing of additional shares worth P1.5 billion.


Stock market analysts said the public offer involving 340.91 million shares was at least four times oversubscribed due to strong demand from foreign and domestic investors.  ChemTech used to be Corro-Coat Inc.  


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abtest

Shares down sharply on inflation jitters

June 12, 2008 - 12:00am

Business

Market seen to remain volatile this week

By Zinnia B. Dela Peña | February 11, 2008 - 12:00am

Business

Index climbs on strong mining, oil-related issues

October 27, 2007 - 12:00am

Business

Index edges up 11 points in cautious trade

October 19, 2007 - 12:00am

Business

Index eases as market continues to consolidate

October 12, 2007 - 12:00am

Business

Market surges on Wall St rally, hopes of rate cut

October 3, 2007 - 12:00am

Business

Market seen recovering as subprime crisis fades

October 1, 2007 - 12:00am

Business

Stocks jump 9.8 percent on US Federal rate action

August 21, 2007 - 1:16pm

Nation

Local shares open higher due to bargain-hunting

August 17, 2007 - 10:24am

MANILA (AFP) - Philippine shares opened higher Friday as bargain hunters moved in on the back of the fallout from the US sub-prime mortgage market crisis, dealers said. The composite index was up 40.35 points or...

Nation

Biofuels measure likely to boost shares of Chemrez

By Zinnia B. Dela Peña | December 4, 2006 - 12:00am

The imminent enactment of the Biofuel bill is expected to boost Chemrez Technologies Inc. (ChemTech) when it resumes trading its shares today simultaneous with the listing of additional shares worth P1.5...

Business