Last February 2018, Philippine stocks again underwent chaotic trading, with the Philippine Stock Exchange index (PSEi) closing the month at 8,475.29 points. This means the PSEi is … Read More
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.
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.
If you’ve already finished the first parts of our Stock Trading tutorial, you probably know by now the different types of securities being traded, how profits in the stock market are made, how much is needed to start trading, and what types of stock orders you can make.
The next step now is to choose a stockbroker.
The Business Mirror reported yesterday that the Philippine Stock Exchange was the best performing stock market in Southeast Asia during the 1st quarter of 2009.
From January to March 2009, the 30-company Philippine Stock Exchange index (PSEi) surged 6.05% — a remarkable performance considering the current worldwide economic recession and the losses in other Asian markets.
Compare the Philippine stock market’s performance below with the other Southeast Asian counterparts.
If you placed money in the Philippine stock market from the beginning of January this year, you would have already lost 9% by now.
That translates to a million pesos worth only P910,000 as of January 31.
This is based on the performance of the Philippine Stock Exchange index (PSEi), a basket of 30 listed common stocks representing the overall movement of market prices and the general state of the Philippine economy.
