HOW MUCH MORE CAN BE SQUEEZED?
9:15 am Friday 28 August 2009 Philippine Stock Exchange Index – 2881.40 (Thursday close)
Philippine GDP rose 1.5 percent in 2Q09 from a year earlier. A good portion of this figure was accounted for by consumer spending which many economists attribute to OFW remittances. Read more
EXCUSE ME WHILE I TOUCH THE SKY
6:40pm Wednesday 26 August 2009 Philippine Stock Market Index 2863.53 (+0.19%)
When you are trading the markets, everyday should be seen as a new day. This is why all professional traders mark their positions to market daily. When I was working in an international securities trading firm, our boss always said that he wanted to know the firm’s losses everyday. Read more
WHAT’S THE CHALLENGE?
10:20 Tuesday 25 August 2009 Philippine Stock Exchange Index 2864.01 (in the middle of trading session)
Frankly, I have never seen a single day rally of the magnitude that we saw Monday in the Philippine stock market ever. This was a 5.11% rally where Read more
“THE WORST IS OVER”, FIRST METRO SAYS
In the July 2009 edition of Market Call July 2009, First Metro indicated that “green shoots” are becoming more visible in the Philippine economy. The Market Call is a monthly publication, produced jointly by First Metro Investment Corporation and the University of Asia and the Pacific. Read more
SILVER PLATTERS AND SILVER LINING
8:30am Monday 24 August 2009 Philippine Stock Exchange Index 2720.18 (Thursday close)
Positive growth in Japan, Germany and France. Existing home sales in the U.S. up 7.2% in July – its fourth consecutive months. Central bankers from around the world gathered in Jackson Hole, Wyoming expressing confidence that the worst of the financial crisis was over and that a global economic recovery was beginning to take shape. Read more
ARE PROSPECTS PROFITS?
9:30 Thursday 20 August 2009 Philippine Stock Exchange Index 2760.89 (pre-open level )
Unlike the previous day when the market opened weak but closed stronger, trades on Wednesday opened with a surge in prices of the popular front liners. However, as the day wore on, people started to take profits which either limited their upside and some issues like AC, GLO and MER even closing lower than the open. Read more
DRIFTING AND DOLDRUMS
2pm Tuesday 18 August 2009 Philippine Stock exchange Index 2731.55 (-1.43%)
If one did not have a longer time horizon, the last 2 trading days would have chased the uninitiated out of this market. Putting things in perspective, the index hit a high of 2873 on Wednesday – the 12th – then saw a low today at 2693; that is a 6.3% range from the high. Read more
WHAT DO MARKETS AND SKYROCKETS HAVE IN COMMON?
9am Tuesday 18 August 2009 Philippine stock Exchange Index 2771.18 ( Monday close down 2.77%)
Yesterday, we saw the biggest decline in prices since this rally started. There were ten stocks down for every stock that gained. The was a real blood bath, and some players would probably be running scared. The sell off was triggered by overseas sentiment. The Shanghai Composite took it in the chin with the index down 5.79%. Read more
IS A SAVINGS PROGRAM RIGHT FOR YOU?
Click on this link to take a short, interactive assessment.
Is a Savings Program Right for You?
SALEF AWARDED “THE BEST PERFORMING EQUITY MUTUAL FUND”
The Investment Company Association of the Philippines (ICAP), the trade association of mutual funds in the Philippines, awarded First Metro Save & Learn Equity Fund (SALEF) as the Best Performing Equity Mutual Fund for the three-year period covering 2006-2008. 
