The Philippine stock exchange index on record high
By diogz22
@diogz22 (516)
Philippines
July 19, 2011 8:06am CST
It is nice to take note that the Philippine stock exchange is in its all time record high. A good sign that our country is indeed developing and improving. According to some analyst PSE would likely break the 4600 index barrier. This is definitely a good sign to start investing in stocks.
Does anyone of you into stocks as well?
2 responses
@greenpeas (998)
• Philippines
19 Jul 11
Yes I have invested in stocks through Citisenonline. I have invested in 8 different stocks even though just a few thousand pesos each. Right now the mining and the energy-provider stocks are the ones soaring high. But blue chips stocks are stable even though they dont usually increase in value so suddenly but overtime they do.
1 person likes this
@louievill (28851)
• Philippines
19 Jul 11
@greenpeas, can you teach me how you do it or give me an idea? I'm adding you as friend, hope you can send me the link plus a few tips, thanks in advance
@diogz22 (516)
• Philippines
20 Jul 11
@greenpeas so you have attended several of the seminars that COL offers? Is there there system fast enough? I do heard several comments regarding there online system.
Yup it's mining play and has been going strong since last week I wonder until when mining will be able to sustain it thou.
@diogz22 (516)
• Philippines
20 Jul 11
@louievill it is pretty easy to invest in stocks you must have a broker first. There are several online stockbrokers which trades in PSE. There is citiseconline, BPItrade, Firstmetro securities. You could check out the website of the philippine stock exchange there is a listing there of online stockbrokers.
@louievill (28851)
• Philippines
19 Jul 11
I think this is a good indication that confidence to the Philippines is returning unlike years age when they discovered that Philippine stocks were being manipulated. Although this is a good indication as to the health of our economy, I feel we as a people should continue to strive and not rest on our laurels. As the saying goes " what goes up must come down" I think this also holds true in stock exchange, when a commodity reaches ceiling high then the tendency is for it to go down. Certain developments in Europe such as in Greece, Portugal and the rest of the Euro Zone plus a weakened U.S. economy are also points that need careful scrutinization. Good luck on your investments
