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 shares higher. Show all posts
Showing posts with label Philippines shares higher. Show all posts

Philippines shares higher

Philippines share prices closed 2.51 percent higher on Thursday, boosted by overnight gains on Wall Street, dealers said. The composite index added 48.72 points to 1,988.26, the seventh day of advances. The all shares index added 26.62 points, or 2.12 percent, to 1,282.34. Eighty-four issues advanced, 21 declined and 34 others ended unchanged.

Friday, March 27, 2009

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