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Top PSE Stocks of 2013 1H

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 …

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PSE stocks suffer worst 1-day loss since 2008, what’s next?

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 …

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New PSEi composition, as of February 2013

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 …

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