Mac Murray

Archive for the ‘PSE CURRENT Affairs’ Category

PSE Inks Pact with the Department of Education

In PSE CURRENT Affairs on January 2, 2011 at 6:37 PM
PSE Inks Pact with DepEd

PSE Inks Pact with DepEd

In a thrust to further develop the Philippine capital market and enhance students’ financial literacy, the Philippine Stock Exchange (PSE) has teamed up with the Department of Education (DepEd) to pursue the integration of topics about the capital markets in secondary education.

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The ASEAN Trading Link Revolution is Coming

In INTELLIGENT Investor, PSE CURRENT Affairs on January 1, 2011 at 3:49 PM

ASEAN Trading Link countries: Singapore, Thailand, Malaysia, Indonesia, Vietnam and the Philippines

The long-awaited ASEAN Trading Link may do more to stimulate both investment in the Philippines and Filipino investing than any other current development.

According to the PSE Info Matrix a Memorandum of Understanding was signed earlier in the year between the exchanges of the Philippines, Malaysia, Singapore, Indonesia and Thailand. Within twelve months, investors based in any of these countries will be able to buy stocks on the index of any participating ASEAN exchange, just as easily as purchasing at their home exchange. Read the rest of this entry »

Foreign Brokers Dominate Philippine Stock Market

In PSE CURRENT Affairs on November 30, 2009 at 3:37 PM

Global Markets

FOREIGN-OWNED brokerages again cornerd the bulk of the stock market’s trading last year, data from the Philippine Stock Exchange (PSE) showed.

Six of the top nine equity firms by market share were foreigners that had a combined share of almost half.

The stock exchange said topping the list was Deutsche Regis Partners, Inc., which had increased its market share to 15.73% or P240 billion worth of equity trading last year from 12.2% a year earlier.

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Commodities Trading in the Philippines?

In PSE CURRENT Affairs on November 13, 2009 at 4:58 PM

TILLING THE COMMODITIES MARKET LANDSCAPE


Laying the Groundwork for Organized Commodoties Trading.

Philippine Stock Exchange (PSE) President and Chief Executive Officer Francis Lim and Department of Agriculture (DA) Secretary Arthur Yap lead the signing of an agreement that will lay the foundation for an organized commodities market in the country.

Under the memorandum of agreement, the PSE and DA will work together in putting up an organized commodities market that will help ensure fair and transparent trading for agricultural products. Read the rest of this entry »

PSE Eyes Hosting PDEX in Fort Bonifacio Headquarters

In PSE CURRENT Affairs on October 26, 2009 at 12:56 PM

PDEx_Logo.

BEYOND unifying the two trading sites of the Philippines Stock Exchange (PSE) in the proposed headquarters to be located in Bonifacio Global City in Taguig, the bourse is also exploring the possibility of including the Philippine Dealing and Exchange Corp. (PDEx) in the same site.

In an interview last week, PSE director Ismael G. Cruz said the PSE is currently in talks with PDEx for the latter to join the local bourse in the new site, which may be completed in 2014.

“It makes sense for us to co-locate. We are the only two exchanges in the country—we [PSE] have the equities exchange [while] PDEx has the fixed-income exchange,” said Cruz. “And down the road, we will both have derivatives products.” Read the rest of this entry »

ASEAN Trading Link Welcomes Hochiminh Stock Exchange

In EMERGING Markets, PSE CURRENT Affairs on September 21, 2009 at 12:06 PM
ASEAN Trading Link welcomes the Hochiminh Stock Exchange

ASEAN Trading Link welcomes the Hochiminh Stock Exchange

Five ASEAN exchanges – Bursa Malaysia, the Indonesia Stock Exchange, the Philippine Stock Exchange, Singapore Exchange Limited (SGX) and the Stock Exchange of Thailand entered into an Accession Agreement with the Hochiminh Stock Exchange today that will include the latter in a regional pact which will explore cross-border trading amongst the ASEAN capital markets via an electronic gateway. Read the rest of this entry »

Stocks, Mutual Funds and Bonds Demystified: PSE Seminar, September 29 2009

In PSE CURRENT Affairs on September 19, 2009 at 11:55 AM

PSE logo

THE PHILIPPINE STOCK EXCHANGE, INC.,

THE MANILA TIMES, &

THE ANALYSTS-TRADERS EQUITIES TRAINING CENTER

Cordially invite you to a seminar entitled,

“Stocks, Mutual Funds and Bonds Demystified”

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Stock Market Diagnostics by Paris Murray: Sept 16 2009

In EMERGING Markets, PSE CURRENT Affairs on September 17, 2009 at 12:00 AM

Market Diagnostics

Chinese Blue Marble Half Slice

“The Market tells you where your market is, and you’d d••n well better listen.

–Jim Clark

Chinese Blue Marble Half Slice

Assessment and Outlook

Cautiously optimistic.  As of September 10, the NYSE Composite Index and the Nasdaq Index are at their highest levels of the year.  Emerging Markets are boasting the best year-to-date returns of the last 10 years, as are the ASEAN markets .  2009 is the Philippine Composite Index’s best performing year-to-date over the past 5 years.  All this suggests a strong 4th Quarter.

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PSE to allow anonymous trade

In PSE CURRENT Affairs on September 1, 2009 at 7:52 PM
The PSE’s surveillance department would continue to have access to data on broker identity in case there was need to investigate or monitor any illegal trading activity. — PHOTO: AP

The PSE’s surveillance department would continue to have access to data on broker identity in case there was need to investigate or monitor any illegal trading activity. — PHOTO: AP

MANILA – THE Philippine Stock Exchange (PSE) has set new rules allowing brokerages to trade anonymously in a bid to attract more foreign investors and boost liquidity in the equities market.

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“Ghost Month?” The Ghosts Must Be Buying

In PSE CURRENT Affairs on August 26, 2009 at 2:39 PM

Even the ghosts are bullish

Even the ghosts are bullish

Part of my induction onto the main trading floor of the Philippine Stock Exchange was an intro to the phenomenon of “Ghost Month”.

According to Chinese tradition, which is exceptionally strong in the Philippines, late August ushers in Ghost Month on the Chinese lunar calendar.  If folklore is to be believed, it’s bad luck to buy things, bad luck to start new business, and bad luck to do much of anything during Ghost Month.

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