UPDATE: On September 15, 2017, the PSEi reached another record high. It closed at 8,180.85 points, up +0.44% from the previous all-time high level. This is now the latest all-time high of the PSEi so far.
Philippine stocks ended today with another record, as the Philippine Stock Exchange index (PSEi) reached a brand new all-time high, closing at 8,144.91 points.
A P30,000 credit card debt that ballooned to almost P1 million because of interest charges?
At present, the Philippine Stock Exchange (PSE) has trading floors both in Ayala, Makati and in Ortigas, Pasig City. This is about to change soon.
But first, more info about these two stock exchange locations. The Makati trading floor is located at the PSE Plaza inside Ayala Tower One building. It is where Presidents of the Philippines visit to ring the trading bell and is also the location of some segments of ABS-CBN News Channel’s (ANC) morning show Mornings @ ANC.
What is the minimum amount needed to begin investing in the stock market?
This surely is one of the most common questions newbie investors would like to know.
The short answer: the minimum amount needed is dependent on the PSE Board Lot, which determines the smallest number of shares one can buy or sell.
Continue reading to understand this in more detail.
Here’s one common question from first-time stock investors who have heard about dividends to be distributed by a certain company:
If I buy stocks during the announced EX-DATE, am I eligible to receive dividends from the company?
In our free tutorial and guide on How to Invest in the Philippine Stock Market, we learned that dividends distributed by companies may be in the form of stock dividends or cash dividends.
The Bangko Sentral ng Pilipinas (BSP) has reminded banks and non-stock savings and loan associations (NSSLA) to abide by the rules on the charging of dormancy fees.
Are we required to pay tax on the cash dividend income received from our stock investments?
