Stock Trading

PSE’s new trading schedule, Odd Lot market, Board Lot table

How to earn from Stock Trading and Investing

After months of delay, the Philippine Stock Exchange (PSE) is set to launch its New Trading System (NTS) starting July 26, 2010.

The NTS will replace the current Maktrade system used by the PSE since 1993. The new system alongside the extension of trading hours, was to be rolled out originally in June 2009 but was postponed to October 2009 then deferred again due to technical and regulatory issues.

The NTS will use a trading software product developed by NYSE Technologies SAS, a wholly-owned subsidiary of NYSE Euronext which, in turn, operates the largest exchanges around the world including the New York Stock Exchange and Euronext.

Under the PSE’s New Trading System, the following major changes will take effect.

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Free Seminar: Accounting in the Stock Market

The Philippine Stock Exchange (PSE) is inviting everyone to its quarterly industry briefing on Tuesday, September 29, 2009 from 3 p.m. to 5 p.m at the PSE Ortigas Trading Floor, 2nd Floor PSE Centre, Exchange Road, Ortigas Center, Pasig City.

The free event, entitled “Accounting in the Stock Market: An Industry Look at the Role and Importance of Accounting Information in the Stock Market” will feature presentations by the Philippine Institute of Certified Public Accountants (PICPA).

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Meralco officials sell MER stocks, cash in P14.8 million

As stock traders and investors go gaga over the staggering price increase of the stock of Meralco (Stock Code: MER), several officials of the power distribution company are locking in profits by selling their shares, disclosure reports to the Philippine Stock Exchange (PSE) show.

In July alone, more than 65,000 shares were disposed by eight Meralco officers, with total value amounting to P14.8 million. Although each executive had varying amounts of proceeds, on the average, each one of them got around P1.8 million.

A list of Meralco officers and the number and value of the shares they sold in July are as follows.

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Meralco (MER) stock surges 275% due to Ang-MVP bidding war

If you’re currently following the Philippine stock market, you’re most probably aware of the continuous surge in the price of Meralco (Stock Code: MER).

The stock of the power utility company was one of the Philippine Stock Exchange (PSE)’s biggest gainers during the first half of 2009.

As of July 31, it was up by a staggering 275% from its P58.00 price in January. In the month of July alone, the stock more than doubled in value, closing at an all-time high of P295.00 in July 29.

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