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Brazil entry, player protection program lift DigiPlus shares

September 22, 2025

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Business World Philippines

DIGIPLUS Interactive Corp. rose last week on updates about its overseas expansion and player protection initiative.

DigiPlus was the eighth-most actively traded stock at the Philippine Stock Exchange (PSE), with P1.22 billion worth of 55.40 million shares traded from Sept. 15 to 19.

Shares in the Tanco-led company closed at P23.65 apiece on Friday, up 18.8% from P19.90 a week earlier. The services index gained 5.1%, while the benchmark PSE index rose 2.5%.

Year to date, DigiPlus shares were down 12.9%. The PSE index fell 4% in the same period, while the services index grew 8.9% year on year.

The jump in DigiPlus' share price was significantly influenced by news of its plan to diversify into traditional casinos and upcoming operations in Brazil, Jash Matthew M. Baylon, equity analyst at The First Resources Management and Securities Corp., said in a Viber message.

المزيد من القصص من Business World Philippines

Business World Philippines

PHL third-hardest hit in Southeast Asia by US tariff shocks - UNDP

THE PHILIPPINES is projected to be the third-most affected economy in Southeast Asia by US tariffs, as its exports to the US are expected to contract by 13%, a United Nations Development Programme (UNDP) report showed.

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time to read

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Security Bank eyes at least P5B from bond offering

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time to read

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House finalizing budget amendments

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time to read

4 mins

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Business World Philippines

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T-bill rates drop further on policy easing hopes

THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday as rates continued to go down across the board on expectations that benchmark borrowing costs will ease further.

time to read

2 mins

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Business World Philippines

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SM Group strengthens business resilience in face of climate threats

SM INVESTMENTS CORP. (SMIC), the country’s largest conglomerate, is planning to ramp up investments to bolster the resilience of its businesses as climate-related risks continue to rise.

time to read

3 mins

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Business World Philippines

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Easing inflation, index inclusion hopes boost foreign flows into PHL gov't bonds

SLOWING INFLATION and the country’s potential inclusion in the JPMorgan Chase & Co.’s emerging market government bond index have boosted foreign inflows into Philippine bonds, Nomura Global Markets Research said.

time to read

3 mins

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RLC unit expanding office portfolio with projects in Davao, Dumaguete

ROBINSONS OFFICES, the office leasing arm of Robinsons Land Corp. (RLC), is set to expand its portfolio by around 100,000 square meters (sq.m.) with new developments by next year, including an office project in Dumaguete.

time to read

1 min

September 23, 2025

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Soybeans at six-week low on lack of Chinese buying

Chicago soybeans lost more ground on Monday, hitting a six-week low as a phone call last week between US President Donald J. Trump and Chinese President Xi Jinping did not provide any news on agriculture.

time to read

1 mins

September 23, 2025

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