Can you really make money in the stock market? Typically when the Philippine Stock Exchange index (PSEi) surges, stock picks of virtually everyone — from self-proclaimed gurus … Read More
What a bumpy 6-month ride it has been.
The first half of 2013 ended a week ago, closing a turbulent chapter on stock market investing that saw investors in exuberance and euphoria during the first months of the year and in panic and distress in the closing months of the first half of 2013.
Let us reminisce what happened in the last 6 months.
Philippine stocks experienced a sharp one-day drop yesterday, recording the worst stock market performance since 2008, during the collapse of investment banking giant Lehman Brothers.
The Philippine Stock Exchange index (PSEi) registered a huge 6.75% loss yesterday (June 13, 2013), closing at 6,114.08 — a steep decline not seen since October 27, 2008 when local stocks dropped a whopping 12.27% as an aftermath of the Chapter 11 bankruptcy filing of Lehman Brothers in September 2008.
Gaming operator Bloomberry Resorts Corp. (Stock Code: BLOOM) will replace property firm SM Development Corp. (SMDC) in the Philippine Stock Exchange index (PSEi) starting March 11.
Bloomberry is currently one of the local bourse’s most actively-traded stocks following its announcement that it will open Solaire, a casino and resort entertainment complex, in the 120-hectare Pagcor Entertainment City in Pasay City this month.
What are the best stocks to buy this 2013?
For those who are into stock trading, this is perhaps the one question they have been asking everyday. Sadly, no one can give a 100% correct answer to that question. No one can claim he or she has the power to accurately predict what will happen in the stock market.
