Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label Philippines. Show all posts
Showing posts with label Philippines. Show all posts

Philippines shares fall

Philippines share prices closed 1.5 percent on lower on Monday as investors dumped blue chip stocks amid gloomy economic prospects, dealers said. The composite index lost 29.54 points at 1,890.62. The all-shares index fell 1.8 percent, or 22.09 points, to close at 1,210.78. A total of 1.01 billion shares valued at 1.3 billion pesos (26.5 million dollars) were traded.

Tuesday, March 10, 2009

Philippines shares expected to follow US lead

The Philippines stock market will likely follow the lead of the US economy in the coming week with further bad news on the horizon, dealers said on Friday. "It will go a little sideways. But aside from the earnings reports of some companies, there is no good news. The general sentiment is still negative," said Jeng Calma of A and A Securities Inc.

Monday, March 9, 2009

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