Stock Market PILIPINAS: Empowering the Filipino Investors

Full Version: The PSEi - PSE Composite Index & The Economy
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
...7700 na
Monday, February 02, 2015
PSEi 7,630.71
-59.20 (-0.77%)
NFB 4.27B - AGI 208, URC 166, DMC 50
NFS 5.14B - CEB 159, RRHI 93, MEG 79, SM 57, JGS 52
...share ko lang baka helpful sa inyong trading plan winking

[Image: NewPicture_zps7651e822.png]
Thursday, February 05, 2015
PSEi 7,674.24
-41.82 (-0.54%)
NFB 5.38B - DMC 146, GLO 91, SM 64, LTG 63, ALI 62, MBT 56, SCC 54, PCOR 53
NFS 5.42B - TEL 161, FGEN 139, JFC 124, GTCAP 110, URC 56, AGI 49
Monday, February 09, 2015
PSEi 7,782.57
+54.39 (0.70%)
NFB 5.41B - URC 577, SM 147, MCP 115, ALI 88, AC 83, SECB 82, X 75, BDO 74, RLC 64, AGI 50
NFS 3.75B - FGEN 56
...stay focused lang Smile

Stay focused on reforms, IMF official advises gov’t

THE PHILIPPINES should remain an attractive investment destination despite missing its growth target last year, the International Monetary Fund (IMF) said, but more reforms need to be adopted to build on gains achieved so far.
Philippine gross domestic product (GDP) growth came in at 6.1% in 2014, a few points shy of the government’s 6.5-7.5% target after a five-quarter-high 6.9% logged in the three months to December. Last quarter’s spike was fueled in part by a surprising 9.8% hike in state disbursements, which historically contribute about a tenth to GDP, as well as a rebound in agricultural production. Crawling farm sector output and lower-than-programmed -- and at times even contracting -- state spending had weighed on growth for much of last year.

Despite falling short of the target last year, IMF country representative Shanaka Jayanath Peiris noted “[t]he Philippines’ 2014 growth of 6.1% was one of the best in the region and created about a million jobs, so it was a good year for inclusive growth.”

“The Philippines’ fundamentals are strong and investment, including FDI (foreign direct investment), is picking up,” Mr. Peiris noted in an e-mail on Friday last week.

“With the expected demographic dividend, competitive workforce and strong growth outlook, the Philippines should continue to be an attractive investment destination.”

The government expects the economy to grow some 7-8% this year.

The Washington-based multilateral lender said Philippine economic growth could pick up to 6.6% this year, faster than its previous forecast of 6.3%. The IMF’s latest estimate outpaces the 5.2% and the 3.5% forecasts it gave for ASEAN-5 -- or the bloc’s original members -- and the world economy, respectively.

Moving forward, Mr. Peiris said: “A continuation of prudent macroeconomic policies and a second wave of structural reforms could raise the medium-term growth potential further.”

He said the government should further reduce the cost of doing business in the country by “improving infrastructure, regulatory reforms, and enhancing competition by rationalizing restrictions on foreign ownership.”

Mr. Peiris also tagged as “priority” the approval of bills seeking to amend the build-operate-transfer law, rationalizing fiscal incentives, reforming the country’s taxation system, and the competition bill “to raise potential growth.” The proposed laws cited by Mr. Peiris are also on the administration’s list of priorities and have been gaining ground -- though in varied stages -- in Congress. --

consolidation stage na kaya? Big Grin
Monday, February 16, 2015
PSEi 7,784.65
+11.20 (0.14%)
FOREIGN BUYING: Php 2,857,065,342.64
FOREIGN SELLING: Php 2,414,983,323.36
NET FOREIGN BUYING/(SELLING): Php 442,082,019.28
(02-16-2015, 06:12 PM)richgelwis Wrote: [ -> ]Monday, February 16, 2015
PSEi 7,784.65
+11.20 (0.14%)
FOREIGN BUYING: Php 2,857,065,342.64
FOREIGN SELLING: Php 2,414,983,323.36
NET FOREIGN BUYING/(SELLING): Php 442,082,019.28

bro, wala na yung top stocks buy and sell? thanks.
Tuesday, February 17, 2015
PSEi 7,793.40
+8.75 (0.11%)
NFB 3.47B - AC 112, JGS 100, EDC 54
NFS 3.21B - MER 89, MPI 74