“Pang-mayaman lang ang stocks.” This used to be the prevailing mindset of Filipinos as regards investing in the stock market. Pang-mayaman — or “only for … Read More
If you feel uncomfortable every time stock prices fluctuate wildly, or if you feel distressed seeing you’ve lost money, or if you feel the urge to sell just because everyone is selling, you probably should review the basics of investing.
Why? Because stock market investing may NOT be for you.
Want to learn more about stock trading and investing? Need guidance on initial public offering (IPO) concerns, technical and fundamental analysis, or stock price entry … Read More
Buoyed by the country’s unexpected 7.1% GDP growth, Philippine stocks ended yesterday at another all-time high, closing at 5,633.72, up 0.85% from the previous day’s trading.
A new intra-day high of 5,636.33 was also recorded yesterday.
Many newbie investors in the stock market seem to forget that capital appreciation is not the only way to earn money. As we’ve explained before in an article on How to make money using stocks, another form of income that stockholders receive is the dividend.
Dividends may come in the form of cash or stocks. Cash dividends are, obviously, cash amounts distributed to stockholders on record during a certain date. Stock dividends, on the other hand, are additional shares of the company given to stockholders at no cost.
In the Philippines, several stocks have high dividend yields which further increases the income potential of a stock or compensates for its price decrease.
This feels like deja vu.
Markets fluctuating wildly due to rumors of another global recession, stock prices freefalling in unprecedented levels, wary investors holding on to paper losses while hoping everything will be all right — this looks like 2007-2008 all over again.
It’s finally happening. After more than 2 years of planning to extend trading hours, the Philippine Stock Exchange (PSE) will implement starting next week an additional one (1) hour before fully extending trading hours to 3:30 p.m. by January 2012.
The PSE announced that effective Monday, October 3, stock trading in the local bourse will last until 1 p.m. Currently the Philippines is one of the countries in the world with the shortest trading hours — that is, only 2 and 1/2 hours, running from 9:30 a.m. until 12:10 p.m.
The move to have longer time for trading is meant to prepare the local stock market with the planned cross-border trading with other Southeast Asian countries such as Singapore, Thailand, and Malaysia.
Did the Roman Catholic Archbishop of Manila unload more than 1 million shares of Philex Mining Corporation (PX) in April and May 2011 and sold them directly to Chairman and CEO Manny V. Pangilinan (MVP)?
Documents from the Philippine Stock Exchange (PSE) seem to show that they did. A cursory look at the latest list of the Top 100 stockholders of Philex confirms that the Catholic Archbishop of Manila is not anymore a major stockholder of the company and that MVP has replaced the Church’s spot as the top 15th shareholder.
