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  • Aug
    10

    Philippine Stock Market Bounces Back Today

    As the Philippine stock market bounces back today. PSEi opens at 4250 up by 93 points. Then five minutes after opening bell that is as of 935am the PSEi is up by 109 points @ 4266. It was a sea of green looking at the ticker after a few days of being lost in the sea of red. Those who have bought and risked buying stocks the last two days, are now taking profits or may be on hold waiting for the prices of stocks in the Philippine stock market to go higher.

    There are still bargain prices out there based on stock prices last week. For those who want to invest, you can still do buy some stocks at still their lower price stock range average. This is just opinion and observation. You got to do your own research and wise decision if you plan to invest at this time.

    As of 9:56AM today, the PSEi is at 4281 which is up by 124 points with a value of P1.4B.

    As of 10:25AM, the PSEi is at 4264 which is up by 107 points.

    As of 11:05Am, the PSEi is at 4261 which is up by 104 points with a value of P4B.

    As one broker/investor said people in the stock market felt joy, despair, greed, regret, fear, courage, anger this week as the market plunged and bounced back amidst the US debt crisis and credit rating downgrade as well as the Europe debt crisis that affected the global market even the Philippines Stock Exchange and stock market was not spared along with other Asian markets.

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