First Metro Asset Management Inc

WHEN THE RAIN COMES

9:45am  Wednesday  30 September 2009   Philippine Stock Exchange Index   2797.03

The events of the past few days have kept people’s minds on the plight of many unfortunate Filipinos who had been victims of the deluge that fell on the region of Metro Manila and surrounding provinces.  It was one of the most horrifying and depressing experiences that people had experienced.  My house, Read more

WHERE’S THE EXIT?

9:00 am  Wednesday  23 September Philippine Stock Exchange Index   2784.78  ( Wednesday close)

All over the global market, everyone is talking exit strategy.  The IMF, fearing that the surge in global liquidity brought about by the unprecedented stimulus packages crafted by G20 governments plus others like the Philippines, thinks that all this stimulus have to be sterilized eventually. Read more

IT DOES HAVE A LIFE OF ITS OWN!

7:00am  Monday 14 September 2009  Philippine Stock Exchange Index  2870.83

August data signaled a recovery was well on track in China, the world’s third-largest economy.  Chinese industrial output (+12.3%), investment and credit all grew more quickly than expected in August. Read more

ARE ALL THAT GLITTERS GOLD?

Gold futures briefly touched the $1,000-per-ounce level this morning in Tokyo, the first time a front-month contract has reached that level since February of this year. December gold subsequently pulled back slightly to trade at $999. Read more

ENJOYING THE SEAVIEW

7:45pm  Thursday  3 September 2009   Philippine stock Exchange Index  2803.31 (-0.17%)

Today, I walked over to the Ayala trading floor of the PSE and had coffee over a meeting at the exchange’s Brokers Lounge.  There was quite a good number of people in the gallery section looking down into the exchange’s trading floor.  Read more

HOW LUCKY CAN I BE!

7:45pm  Wednesday  2 September 2009  Philippine Stock Exchange Index 2808.21 (-1.57%)

The excitement of following any market cannot be matched if one did not have anything at stake.  I have been following this rally since it started.  As early as April 20, 2009 which was over 4 months ago, Read more

MOVIN’ ON

9:30 am  Wednesday  2 September 2009  Philippine Stock Exchange Index   2852.93 (-1.08%) Tuesday Close

I must admit, the Philippine equities market has become a lot deeper than it was compared to the beginnings of the rallies in previous years.  Since we came out of the March bottom, value turnover had progressively gone higher. Read more

SWEET SEPTEMBER

9:15am  Tuesday  1 September 2009    Philippine Stock Exchange Index   2884.18 (Friday close)

It’s great to have a long weekend.  There’s time to catch a round of golf, party with friends, visit my folks, spend time with my  wife and kids, and, when all is said and done, sit back and appreciate what life is really all about.  I equate the quality of my life with the people around me and doing the things I enjoy doing. Read more

First Metro Asset Management Inc