Investing in the Philippine stock market has been one of the superstars in the business world in the past few years because of its high returns and low starting capital. However, it is not ideal to venture in this kind of business without knowledge of its nature because the chance of getting income returns is as high as your risk of losing your hard-earned money.
Your world revolves around the Philippine Stock Exchange (PSE) as soon as you start your endeavor as a stock investor. Allow us to give you a brief introduction to the Philippine stock market.
The Philippine Stock Exchange was established in 1927 and is one of the oldest stock markets in Southeast Asia that traces its roots from the two former bourses – the Manila Stock Exchange and the Makati Stock Exchange that were unified in December 23, 1992. It currently operates on two floors, one in the PSE Ayala Triangle in Makati City, and its headquarters is located in Ortigas Center, Pasig City. The operation starts at 9:30 in the morning and ends at 3:30 in the afternoon with 30 listed companies in its main and most watched index which is the PSE Composite Index (PSEi) that serves as one of the general state indicators of the Philippine economy.
The Securities and Exchange Commission (SEC) granted the PSE a “Self-Regulatory Organization” (SRO) status in 1998, which gave PSE the power to implement its own rules and establish penalties on trading participants and listed companies. Even though the Philippine stock market has two trading floors, they are linked electronically by a computerized trading system called MakTrade System, which uses the single-order-book system where all the orders are posted and matched in one computer. Regardless which floor the orders come from, best bid or best offer is entered by brokers on behalf of their client and tallied in the system which also watches over the databases and the irregularities in the transactions.
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Some participants accept a minimum of Php 5,000.00 from investors as a minimum investment but aside from that, an investor should also pay the other basic charges. Foreign investors, however, are only allowed to own up 40 percent of a company’s stock.
Learn how to invest in the Philippine stock market today through our technical analysis courses and forex trading classes, among others. Our specialized trainers are backed-up with affiliations and certifications from renowned international financial institutions and are very willing to impart their real-life trading experiences and tested investing and trading strategies. Find out more today!