The Extended Hours at the Philippine Stock Exchange (PSE) Starts Monday October 3, 2011  in the Philippine stock market from the usual 9:30AM – 12:10NN until today, it will then be from 9:00AM – 1:00PM starting Monday.

Read this post: Philippine Stock Exchange (PSE) Extends Trading Hours by October 2011 & January 2012. Below is the PSE Public Advisory dated September 26, 2011. Read the rest of this entry »

San Miguel stockholders and the public in general gets an assurance from San Miguel Corporation or SMC that it will remain a publicly listed company in the Philippine Stock Market. The Philippines’ largest listed company said that “San Miguel shall remain listed, owing to its iconic status in the country.”

SMC made this statement Thursday after its President Ramon Ang said that it was thinking of making the company private because compliance with the Philippine Stock Exchange’s requirements on disclosures has sometimes made it difficult for San Miguel to make purchases. Read the rest of this entry »

Here are some Philippine stock market updates as of August 22, 2011 during trading hours:

• Market extending its losses, as of 9:52AM: PSEi at 4307 down 32 points with value at P404M.
• Among top losers at this time: PNB @ P54.80 down 2.1%; SMC @ P122 down 2%.
• As of 11:00AM, PSEi at 4317 down 22 points with value at P1.76B.

Read the rest of this entry »

The PSEi closes at 4290 which is reported to be up by 133 points as investors went on bargain hunting with lower stock price still on some. Relief rally following market’s 3 day selloff and rebound in US equities. The US Federal Reserves pledges that they would not raise and also keep interest rates low for the next two years.

According to one source, PSEi recouped 133.11 points or 3.2% to close at 4,290.14 today following big Wall Street recovery and rebound as of last night. Yesterday the PSEi closed at 174.21 points or 4% lower at 4,157.03 after what is being called the Wall Street meltdown.