Stock Trading

Short Selling stocks in the PSE (Proposed Rules)

What is “Short Selling”?

Short selling is the act of selling a stock that is not owned by the investor, usually with an expectation that its price will drop, ultimately to make a profit if and when the stock price actually declines.

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The “BW Resources” stock manipulation scandal

Here’s a story of a company whose stock price rose a staggering 18,025% in one year — from P0.80 in October 1998 to P145.00 in October 1999 — and its consequent crash that almost put the Philippine stock market into collapse.

Who is Dante Tan and what is the Best World (BW) Resources stock scandal? Read on.

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PSEi reaches new all-time high (Sept 2017)

UPDATE: On September 15, 2017, the PSEi reached another record high. It closed at 8,180.85 points, up +0.44% from the previous all-time high level. This is now the latest all-time high of the PSEi so far.

Philippine stocks ended today with another record, as the Philippine Stock Exchange index (PSEi) reached a brand new all-time high, closing at 8,144.91 points.

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