James Ryan Jonas

Philippine stocks reach new all-time high (April 26, 2012)

The bullish trend in Philippine stocks continued today as the benchmark Philippine Stock Exchange index (PSEi) closed at a new all-time high level of 5,218.97.

The index rose 14.14 points or 0.27% from yesterday’s trading primarily due to the upbeat performance of Wall Street hours earlier and optimism over a possible gas find by Philex Mining Corporation (PX) the country’s largest mining company.

Decliners outnumbered gainers, 102 to 79, with more than 5.405 billion shares valued at P7.616 billion traded in today’s transactions.

Today’s highest gaining stocks are as follows:

Read More

Prudentialife bankrupt, seeks corporate rehabilitation

The Insurance Commission on February 3, 2012 issued a “Stay Order” on the request of troubled pre-need firm Prudentialife Plans Inc. for corporate rehabilitation.

With the “Stay Order” decision, all payment of claims by planholders effective February 6, 2012 are suspended. That means starting February 6, all Prudentialife planholders cannot file for any claims against the company until its corporate rehabilitation plan is approved.  All claims being processed, however, as of February 6 will still be honored and funds will be released to planholders.

Read More

Philippine Stocks 2011: Top 10 Gainers and Losers

As promised, here now is the list of the best- and worst-performing Philippine stocks in 2011.

Last week, we posted the top 10 stocks belonging to the Philippine Stock Exchange index (PSEi) with the biggest gains and losses. That list sampled only 30 companies comprising the PSEi but in our new list below, we looked at all stocks traded on the PSE. We compared each stock’s closing price on December 27, 2010 with their stock price one year later (December 28, 2011). Stocks were then ranked based on this 1-year return.

As promised, here now is the list of the best- and worst-performing Philippine stocks in 2011.

Last week, we posted the top 10 stocks belonging to the Philippine Stock Exchange index (PSEi) with the biggest gains and losses. That list sampled only 30 companies comprising the PSEi but in our new list below, we looked at all stocks traded on the PSE. We compared each stock’s closing price on December 27, 2010 with their stock price one year later (December 28, 2011). Stocks were then ranked based on this 1-year return.

As promised, here now is the list of the best- and worst-performing Philippine stocks in 2011.

Last week, we posted the top 10 stocks belonging to the Philippine Stock Exchange index (PSEi) with the biggest gains and losses. That list sampled only 30 companies comprising the PSEi but in our new list below, we looked at all stocks traded on the PSE. We compared each stock’s closing price on December 27, 2010 with their stock price one year later (December 28, 2011). Stocks were then ranked based on this 1-year return.

As promised, here now is the list of the best- and worst-performing Philippine stocks in 2011.

Last week, we posted the top 10 stocks belonging to the Philippine Stock Exchange index (PSEi) with the biggest gains and losses. That list sampled only 30 companies comprising the PSEi but in our new list below, we looked at all stocks traded on the PSE. We compared each stock’s closing price on December 27, 2010 with their stock price one year later (December 28, 2011). Stocks were then ranked based on this 1-year return.

As promised, here now is the list of the best- and worst-performing Philippine stocks in 2011.

Last week, we posted the top 10 stocks belonging to the Philippine Stock Exchange index (PSEi) with the biggest gains and losses. That list sampled only 30 companies comprising the PSEi but in our new list below, we looked at all stocks traded on the PSE. We compared each stock’s closing price on December 27, 2010 with their stock price one year later (December 28, 2011). Stocks were then ranked based on this 1-year return.

As promised, here now is the list of the best- and worst-performing Philippine stocks in 2011.

Last week, we posted the top 10 stocks belonging to the Philippine Stock Exchange index (PSEi) with the biggest gains and losses. That list sampled only 30 companies comprising the PSEi but in our new list below, we looked at all stocks traded on the PSE. We compared each stock’s closing price on December 27, 2010 with their stock price one year later (December 28, 2011). Stocks were then ranked based on this 1-year return.

Read More

Top 10 Best and Worst PSE index stocks (2011)

The year 2011 gave stock investors and stock traders a mix of highs and lows. The Philippine Stock Exchange index (PSEi), for one, booked a modest year-on-year gain of only 4.07% for the entire year 2011. This was in stark contrast with the PSEi’s 1-year return of 37.60% in 2010 and 63.00% in 2009.

But then again, this slight uptick seems to hide the tumultuous fluctuations in stock prices that occurred in the past year. Today, the last trading day of the year, the PSEi closed at 4,371.96. Compare this with the PSEi’s lowest level of the year of 3,705.18 recorded on February 28, 2011 and its all-time high level of 4,563.65 registered on August 2, 2011.

The same whirlwind of prices was seen in several individual stocks traded on the local bourse. We have summarized below the best- and worst-performing stocks comprising the PSE index, in terms of 1-year gain (or loss) in 2011.

Read More

Ramon Ang, not MVP, to buy Philippine Airlines (PAL)

It’s confirmed: Ramon Ang of San Miguel Corporation (SMC) is interested in acquiring a substantial interest in the country’s carrier Philippine Airlines. Ang himself confirmed this in a report by ABS-CBN News.
San Miguel Corp. is said to be in the middle of due diligence at present where they look into the financial statements and operations of PAL before making a final bid amount.

Read More

Still looking for new Philippine peso bills

It’s been a Christmas tradition for most ninongs and ninangs to give new and crisp peso bills to their inaanaks. That’s why last week, I went to a bank to exchange my old bills into the crisp ones. That’s also when I remembered that I still have not completed my collection of new Philippine peso bills.

It’s been exactly one year since the Bangko Sentral ng Pilipinas (BSP) announced that they will release the new version of  Philippine peso bills. They even said that the new bills will be in public circulation before Christmas of 2010.

Fast forward one year later and after much controversy about the bills’ design (I for one thought they look like play money), it’s now Christmas 2011 and the new bills are still rare to find.

Read More

Zynga IPO: Stock price down 9.5% after 2 days

How low will the stock price of Zynga go? Or is an uptrend to finally happen today after two consecutive days of price declines?

That’s the $8.9 billion-question in the minds of investors who are wondering whether they made a mistake in buying Zynga shares (stock code: ZNGA) during its initial public offering (IPO) last week.

Read More

PSE stock trading schedule in 2012

The longer trading hours that the Philippine Stock Exchange proposed before will go on as planned effective January 2, 2012.

In the new schedule, there will be 2 and 1/2 hours of trading in the morning, followed by 1 and 1/2 hours of recess, then another 2 hours of trading in the afternoon. Trading will now end at 3:30 p.m.

The new schedule is as follows.

Read More