Did you know that the Philippine Stock Exchange (PSE) was able to achieve an astounding growth of 800% in a span of 30 years? This means if you invested P100,000 in stocks and just left it there for 30 years, this money is now worth
Philippine stocks closed above the 9,000 level for the first time in history! The Philippine Stock Exchange index (PSEi) set a brand new record last Friday, January 26, 2018, when it ended the day’s trading at 9,041.20 points, up 0.47% from the previous trading day’s
First the good news, then the bad news. The Philippines recorded a stunning 7.8% growth in its Gross Domestic Product (GDP) during the first quarter of 2013 compared to the same period last year, becoming the fastest growing economy in East and Southeast Asia. And
Up until a week ago, investors were in euphoria because stocks were reaching new all-time highs. On March 14, 2013, the Dow Jones closed at a record 14,539.14 — a level not seen since pre-subprime mortgage crisis of 2007. Philippine stocks, meanwhile, continued its upsurge, ending
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.