The Philippine Stock Exchange index or PSEi ended the year 2015 with a saddening loss, declining in value (-3.85%) from the start of the year until the end of December 2015.
Yes, you could have salvaged your money if you placed it instead in a savings or time deposit account, but of course, that’s just plain hindsight bias now.
We’ve got two months to go before the end of the year 2015 and the bulls and the bears are still fighting it out, with no clear direction to the end.
With the PSE index (PSEi) at its current level of 7,100+, will we see the PSEi rally to reach the 8,000 mark that it breached a few months ago or will it fall and stay below 7,000 points by the end of December?
Getting confused about the direction of Philippine stocks? Are you fearful that stock prices might go down further or are you bullish that stock prices are now going to recover?
If you’re looking for guidance about the movement of stocks in the Philippine Stock Exchange (PSE), check out PinoyInvestor, a portal of stocks information specifically made for Filipino investors.
Do you know how many Filipinos are currently investing in stocks? Ten million people? Lower. Five million? Lower. One million? Still, lower. How many Filipinos are … Read More
Looking for guidance about the movement of stocks in the Philippine Stock Exchange (PSE)?
Here’s an excerpt from a special report published by stock resource PinoyInvestor.
Here’s how stock markets worldwide fared on August 24, 2015 — a date that will surely be remembered as a tough, sad, painful day for most stock investors.
If you’re holding Nickel Asia (NIKL) stocks and you’re not updated on what was to happen yesterday, July 13, 2015, you would have panicked upon seeing that the NIKL stock opened at P10.00 from its closing price of P20.00 on Friday.
So the stock closed at P20.00 last Friday and, yesterday, Monday, the stock was trading at P10.00? That’s a huge loss!
It’s beginning to be a tumultuous stock market again, with the Philippine Stock Exchange index (PSEi) continuing its downtrend, dipping below the 7,800 mark yesterday before recovering to close at 7,865.27.
Local stock prices have fallen in recent weeks, several hundred points away from the PSEi’s all-time high level above the 8,100 mark.
