News of the week:
- JGS increases stake in MER to 29.56%
- AirAsia Philippine unit hopes to conduct IPO this year, according to Tony Fernandez
- DD signs deal to develop 5-star serviced apartment at Bay Area with Ascott; “Ascott-DD Meridian Park” to have 300 units
- CLI starts construction of Cebu IT Park condominium
- Aranetas’ Philippine Pizza Inc.- PH Pizza Hut,Taco Bell,Dairy Queen licensee-eyes future IPO
- LT Group eyes expansion of non-alcoholic beverage business in SE Asia
- Gov’t wants ‘formal verification’ of BPI, BDO issues
- BSP maintains interest rates in Tetangco’s final Monetary Board meeting
- Asian stocks climb as oil crawls up from 10-month low
This week’s Stock highlights:
| New Highs | New Lows |
| WLCON | HLCM |
| STI | DNA |
| EAGLE | |
| BRN | |
| IMI | |
| CLI | |
| AUB | |
| MAC | |
| EW |
The focus on IPOs and corporate expansion signals strong investor confidence. This positive economic momentum often translates into increased discretionary spending across sectors, including digital leisure. Observing market trends can guide where consumer spending power might flow, perhaps even toward engaging platforms like jlph games.