A visiting top executive from New York-based Nasdaq OMX Group sees its proprietary trading technology putting the Philippine Stock Exchange—which will adopt this new platform by mid-2015—in a good position to widen its offering of asset classes in the future.
By Ben O. de Vera
Brokerage firm Regina Capital Development Corp. hopes to attract more Filipinos abroad to invest in its online trading platform.
By Den Somera
Last week was a perplexing period for the local equities market: Trading on Monday started relatively strong but ended weak with the main index down by 25.89 points, or 0.43 percent, at 6,015.30. This was followed by a larger loss of 129.29 points, or 2.15 percent, on Tuesday, with the market settling at the session’s low of 5,886.01.
By Efren Ll. Cruz
Question: Based on what I have been hearing, the next few years may not be as good for stock investing as in the recent past. Experts are one in saying that the Philippine economy will continue to expand. However, investment analysts are also saying that interest rates may start to move up in 2014 while global funds may shift their focus to the US and Europe. Given that I am heavy into Philippine stocks, what would be the best strategy for my portfolio?—Posted at PFA’s “ask a friend, ask Efren” service at www.personalfinance.ph
By Den Somera
With what we’ve seen as to how the market has been reacting to mixed economic data and business results abroad, it looks like our local market will continue to move along a pattern of a small rally followed by an equivalent pullback, producing a general sideways movement that may persist for quite a time.