In case you missed them, we bring back several inspiring and motivational quotes from our PMT Facebook page which we posted this week.
Hope you continue to feel inspired because of these valuable sayings and quotations!
Top 10 PSE Stock Gainers and Losers in 2013
Which companies in the Philippine Stock Exchange (PSE) enjoyed the biggest price increase in 2013? Which stocks lost the most value last year?
We compiled information regarding the performance of Philippine stocks and here are the results.
Best and Worst Stock Markets in 2013
In a drastic reversal of fortunes, the stock markets of developed countries such as Japan and the United States were big winners in 2013, while stock markets of most developing countries — previous top performers in 2012 — barely rose with some even registering negative returns.
Japan’s Nikkei 225 index, for example, was the world’s 4th best stock market in 2013, surging an unprecedented 56.72% in the past 12 months ending December.
Philippine PSE Stocks Performance: 2006 to 2013
The year 2013 finally ended this week, wrapping up a rough, turbulent year for stock investors.
On Friday, December 27, the market had its last trading day of the year. The 30-company Philippine Stock Exchange index (PSEi) closed at 5,889.83 points — up a meager 0.20% from the previous day’s trading.
Top Frontier Holdings (TFHI) to list by way of introduction
Top Frontier Investment Holdings Inc. (TFHI), the single largest shareholder of conglomerate San Miguel Corporation (SMC) has secured approval from the Philippine Stock Exchange (PSE) to list its shares on the PSE next year.
Top Frontier Investment Holdings owns a major stake in SMC but, interestingly, the conglomerate SMC is also the biggest shareholder of Top Frontier.
Max’s acquires Pancake House, eyes backdoor listing?
The Max’s Group of Companies is now the owner of Pancake House Holdings Inc. (PCKH), a publicly listed company in the Philippine Stock Exchange, after Max’s paid PCKH owners close to P3.9 billion, in a transaction described by market analysts as Max’s prelude to backdoor listing.
Binay-Gate: Mayor Junjun Binay's Dasmarinas Village Scandal
Local mainstream news and social media are currently abuzz about a recorded video showing Makati Mayor Junjun Binay and his “incident” with security guards of the posh Dasmarinas Village Banyan gate weeks ago.
In that video, originally reported and uploaded by the Philippine Daily Inquirer, the mayor’s convoy appears to force its way through the closed gate despite resistance from the guards who are implementing the village’s policy of not allowing vehicles to pass through it after 10 p.m. due to security reasons.
Several netizens have dubbed the incident as the Dasmarinas Binay Gate scandal, in reference to the Watergate scandal that rocked the administration and ultimately led to the resignation of US President Richard Nixon.
Impact of QE taper on the Philippines and other emerging markets
The beginning of the end is here.
The widely-anticipated taper of the U.S. Federal Reserve’s Quantitative Easing program or QE3 will finally begin early next year, the US Fed announced today at the conclusion of the two-day Federal Open Market Committee (FOMC) meeting.