Investors who participated in the Initial Public Offering (IPO) of Double Dragon Properties enjoyed a 50% paper gain in just one day, after the stock closed at P3.00 during its first trading day in the Philippine Stock Exchange.
Best Performing PSEi Stocks — 1st Quarter 2014
The 1st quarter of the year 2014 is over. The Philippine Stock Exchange index (PSEi), a basket of 30 listed companies generally considered a barometer of the country’s economic health, increased 9.15% in value during the past three months.
Double Dragon (DD) IPO: 14 times oversubscribed
According to the Chairman and CEO of Double Dragon Properties, the first company to conduct an Initial Public Offering (IPO) this year, the company’s IPO offer was 14 times oversubscribed, a sign that there may be healthy demand for the stock.
List of Preferred Stocks traded in the PSE
Stocks may be “sexy” but your investment portfolio should never be composed of stocks alone. To understand why, read our article on The Importance of Diversification in Investing.
Aside from stocks, other investment assets that may be included in one’s portfolio include Bonds and other fixed income instruments; Pooled investment funds such Mutual Funds, Exchange Traded Funds or Unit Investment Trust Funds; Real Estate; Time Deposit Accounts; and Gold and other precious commodities, among others.
Another type of investment that can be added to one’s portfolio is Preferred Shares and this is what we will discuss in this post. Previously, we wrote a few introductory articles about Preferred Shares to help you understand this type of investment.
Survey: Best stockbrokers in the Philippines?
Stockbrokers play a critical role because all trades in the Philippine Stock Exchange have to be done through a broker. That’s why getting a good broker is as essential as making the correct investment choices.
There are dozens of companies offering stock brokerage services in the Philippines. We summarize below 12 of the most popular online stock brokerage firms in the country.
6 Types of Stocks: High Growth, Cyclical, Turnaround, Asset Play, Stalwart, Low Growth
With hundreds — sometimes thousands — of options available in the stock market, the average investor faces the cumbersome challenge of choosing the most profitable or most lucrative stocks. For most investors, the “best” stocks are those that can provide consistent, sustainable and above-average returns. However, stock traders have now begun to realize that these stocks could be elusive and, in most cases, difficult to determine.
PSE stock index (PSEi) composition – March 2014
Wondering why the stock price of Manila Electric Co. or Meralco (MER) has been increasing in the past days? In just one week, MER’s stock price has risen by 10.6%, closing at PHP282.00 in yesterday’s trading.
One reason could be the announcement that the power utility will soon be joining the benchmark Philippine Stock Exchange index (PSEi) starting next month.
Double Dragon IPO could be first IPO in 2014
A property development firm jointly owned by Jollibee Foods Corp.’s CEO Tony Tan Caktiong and Mang Inasal’s owner Edgar Injap Sia could be the first initial public offering (IPO) in the Philippine Stock Exchange (PSE) this year.
The company, DoubleDragon Properties Corp., filed an IPO application with the Securities and Exchange Commission on January 31, hoping to raise more than P1.16 billion from the transaction.