Going overbored by Gus Cosio

The beginning of the year has indeed brought a lot of enthusiasm to Philippine stocks with the global wave flowing into emerging markets.  These past few weeks have seen the Philippine Stock Exchange index (PSEi) with its strongest performance in many months.  Large capitalization stock have dominated trading all along with the exception of a recent mining favorites NI and ORE. Read More


ANNOUNCEMENT: We have been getting queries regarding valuation changes (if any) considering the PSEi’s trading times have been extended to 3:30pm. Given that PIFA requires mutual funds to submit their NAVPS by end-day, and that trading closes at 3:30pm, that leaves our company with a very slim margin of time to accurately compute our end-day prices especially for SALEF and... Read More

A well spring of wealth by Gus Cosio

1:47 pm  Thursday  19 January 2012 This week is quite historic in as far Philippine financial markets are concerned.  Last Tuesday, the government auctioned 10 year FXTNs at a record low yield of 5.17%; yet, it was many times oversubscribed that the Bureau of Treasury agreed to open a tap for another Php 9 billion according to bond dealers.  This weak... Read More