[Trulyrichclub Wealth Summit 2015] Listen To Karen Davila Share On “My Secrets Of Success”

From the Founder of the TrulyRichClub, Bo Sanchez, please read...

In the past years, I’ve been interviewed hundreds of times on TV.   Being interviewed is now just one of the normal things I do—like brushing my teeth.

But NOT when Karen Davila interviews me.

When I get a call from Karen, I get excited.   Why? 

First of all, she’s such a beautiful person—inside and out.   (Media and fame has not changed her one bit—she’s such a warm and sweet person.) 

Second, I can tell you now that she’s one of the best interviewers in the country.  Her incisive questions bring out the best in me.   And every time she interviews me, I feel I like know myself more!

And third, I just love chatting about life with her because I get inspired by her stories.

Which is one of the reasons why Karen Davila is one of the 21 fantastic speakers at the WEALTH SUMMIT 2015 on March 6-7 in PICC.  Her talk is simply called, My Secrets To Success.

I know you’ll be inspired as she shares very candidly the kind of work ethic (and the insane schedule) she maintains to be able to reach her position today as one of the top broadcasters in the country—and yet still be a fantastic wife to DJ and loving mother to David and Lucas.

At the WEALTH SUMMIT 2015, I asked her to share also with you her financial habits that made her grow her money.  (In my books, I teach people to save at least 20% of their income every month; She tells me she does something crazier; In her talk, she’ll share her amusing stories of being “matipid”.)

Finally, Karen is also a follower of Jesus and she’ll share her message from a deeply-held faith perspective.

To be inspired by Karen Davila—as well as the other 21 amazing Speakers at the WEALTH SUMMIT 2015—click the link below:

Yes Bo, I Want To Inspired To Succeed In My Career;

Sign Me Up For The WEALTH SUMMIT 2015.

Or you may also call up Aps at Tel. 5856577

May your dreams come true,

Bo Sanchez

PS. By February 20, ticket prices go up.  Get them while they are still discounted.  Enjoy big savings.  Click the link below.  (Or call Aps at Tel. 5856577 for assistance.)

Yes Bo, I Want To Inspired To Succeed In My Career;

Sign Me Up For The WEALTH SUMMIT 2015.

- End of Bro Bo Sanchez, invitation.

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

Remember This Quote From Stock Market Billionaire And Investor: Risk Comes From Not Knowing What You're Doing

Who else wants to learn how to invest in the Philippines Stock Market? 

If you are a newbie in the Philippine stock market and totally zero experience and clueless about stocks market investing in Philippines, or if you are already investor but still searching and seeking to have more practical and easy to understand know-how about investing in the Philippine stocks market, then you came in the right page. This is for you.

Start now and learn from the Bo Sanchez and his team of Stock Market Experts. Learn Stock Market Investing NOW.

Late buying pushes Philippine stock index to close at new record

"Late buying allowed the Philippine stock market to post its 17th record finish for the year.

At the Philippine Stock Exchange, the benchmark index closed up 9.20 points or 0.12 percent at 7,844.06 on Wednesday, breaking yesterday’s record finish at 7,834.86.

The PSEi opened on a strong note at 7,853.17 and climbed all the way to 7,862.91 a few minutes into trading to mark the day’s high and a new intraday record from 7,854.80 last February 23.

But it was downhill from that moment until the noon break, with the index dropping to 7,822.64. The index went as low as 7,816.76 during the afternoon session before picking up half-an-hour before the close of trades.

The property counter led today’s charge, gaining 1.13 percent. Property issues were among the most actively traded, with Ayala Land gaining 1.76 percent, SM Prime by a percent and Megaword by 1.12 percent.

This after the Bangko Sentral ng Pilipinas (BSP) assured that banks’ real estate exposure remains manageable, and that key interest rates would likely hold for the most part of this year.

The mining and oil counter rose 0.47 percent, largely on the strength of Nickel Asia, which was among the day’s most actively traded and gained at least 5 percent after foreigners lapped up P129.9 million worth of its stock."

Source: interaksyon.com/business

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

The Five (5) Virtues That Will Make You A Great Investor Starting Today [Truly Rich Club Insider's Revelation]

A lot of people think winning in the stock market just requires technical knowledge. That’s not true. You need character. You need spirituality. To be multimillionaire investors, you need these five powerful virtues:

1. Patience

Impatience causes you to make very bad decisions. When you’re impatient with your child, you scream and say to him, “You’re so stupid! You’re so foolish!” Words that you’ll regret later.

In the same way, when you become impatient with your stock market earnings, you make bad decisions too. You fall prey to “tips” that your friend or neighbor gives to you.

Be patient! If you keep investing each month following SAM, in due time, you’ll become a multimillionaire.

2. Gratitude

You might hear your office mate earning hundreds of thousands from a penny stock.

It’s very tempting to put your money in crazy stocks that go up 30 percent in one day!

But my stock market guru says, “Don’t envy these gambler-traders. Their aggressive strategy guarantees that they’ll lose it all in one day.”

Here’s a fact: They will lose their money as fast as they got it.

Be grateful with your small but steady earnings in the stock market.

3. Discipline

A few people are getting bored with my advice.

But the boring investments are where you win. Discipline means being boring as the sun. The sun is up every morning. How boring can you get?

But that’s how multimillionaires are made.

Each month, invest your small amounts in our giants.

That’s it!

4. Simplicity

Some people who earn money in the stock market withdraw their money and buy a new cellphone, iPad, car...

Believe me, you’ll never grow your retirement fund if you keep doing this.

Live simply. You’ve heard people say, “Live within your means.” That’s not enough. You need to live below your means, so you can grow your millions for your retirement.

Be happy with simple things.

5. Love

Why desire to create wealth?

Do it because you love. Do it because you want to share your wealth to others. Do it because you have a dream to serve God.

Greed may make you wealthy, but you’ll never be happy.


(Above article is written by Bo Sanchez, founder of the growing Financial Mentoring Club, The Truly Rich Club.)

To give you more about the news insight about Stock Market in the Philippines, below is an article from Philistar.com.

Philippine stocks hit new record high

"The country’s local stock index accelerated the pace of its growth following two consecutive days of moderate gains as it barreled its way through its 18th all-time high for the year.

The Philippine Stock Exchange index yesterday returned above the 7,800 territory for its third-day winning streak after climbing 0.92 percent or 71.32 points at 7,847.83.

The benchmark index’ record intraday high of 7,862.91 posted last February 25, however, remained unbeaten.

“Share prices got off to a rather jittery start to the mid-week session as US and Europe tumbled overnight and ahead of the inflation report on Thursday,” said Justino Calaycay Jr.

“As the session progressed, however, investors were able to muster enough confidence to push the measure past the latest all-time closing high, moving practically flat thenceforth,” Calaycay said.

Local stocks bucked the downtrend seen markets globally. Asian shares were mostly in the red in anticipation of the upcoming central bank meetings."

Source: philstar.com/business

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

Warning: The Philippines Stock Market Index (Psei) Will Move Up To 10,000 By 2020 [Truly Rich Club Insider's Information]

2015 is said to be a complicated year for the stock market. Although the positive long-term outlook of the stock market and Philippine economy is still intact, many investors are uncertain about investing given several risks in the short-term. 

These short-term risks are: expensive valuation, threat of capital raising, tighter regulations and under-spending by the government, a potential power shortage, and uncertainty caused by the upcoming presidential elections. In spite these risks, we still believe that the market is well on its way to move higher this year, taking the PSEi to our sasaran of 10,000 by 2020.

What will continue the rise of the market is liquidity. Due to ample liquidity conditions, stocks remain the most rewarding peso asset class, even if current prices are expensive compared to historical levels. This relative attractiveness of stocks is here to stay for 2015 because of the ample liquidity environment locally and globally. 

(Above is an excerpt article from The Truly Rich Club Stocks Update, you'll read more by joining the most growing and fantastic Financial Mentoring Club in the Philippines) 

Moving on the related news about the Philippines Stock Market, below you can read the we are still moving up and continue making new high-record day by day. If I am not mistake, today is the 19th record high for 2015, which closed at 7,861.33.  

PSEi resumes climb to record high

"The local stock barometer resumed its upswing to post another record high on Friday as the slump in global oil prices is making the Philippines more attractive to portfolio investors.

The Philippine Stock Exchange index added 42.29 points or 0.54 percent to close at 7,861.33. Across the region, trading was mostly buoyant due to an improved outlook on the European Union presented by the chief of the European Central Bank.

Locally, ample liquidity is keeping most stocks at high valuations.

“There are many foreign funds who want to have stocks from the Philippine market. The country (being a net oil importer) is a beneficiary of the fall in global oil prices so they are expecting better growth this year,” said Manny Cruz, chief strategist at local stock brokerage Asiasec Equities."

Source: business.inquirer.net

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

Truly Rich Investors' Secret: When It Comes To Investing In The Stock Market, Only One Thing Matters...

Let me share you this old article from the Truly Rich Club. I said old because I received this March of 2011, but don't worry, the lesson still applies today or even in the future, please read... 

“Bo, I was already afraid of the effects of Egypt and Libya on the stock market. And then the earthquake in Japan happens! I’m so worried about the stock market! What do you think will happen?” A friend had asked me this question.

Here’s my honest answer: I don’t know! And I say that with a smile on my face. In fact, I don’t think any human being out there really knows what will happen next. Will the uprisings in Saudi increase? Will Europe and the US recover from their recession this year? No one knows.

Yes, there’ll be a few people who will pretend to know. But in reality, all they can do—despite all the Ph.D’s behind their name—is guess.

If you were a trader, you should be worried that no one knows. In fact, you should be so nervous, you’d be pulling out all your money from the stock market and digging your head in the sand.

But you’re not a trader.You’re a long-term investor. If that’s the case, you should be thinking of only one thing. (I’ll tell you what that one thing is in a minute.) Forget what’s happening in Egypt, Libya, and Japan. (Pray for them, yes. But don’t let these events affect your monthly stock market investments.)

After 10 or 20 years of putting your small amounts of money each month into our recommended giant companies, I repeat: There’s really only one thing that should influence your buying or selling of stocks.  And that one thing is what you’re going to look at, crisis or no crisis, tsunami or no tsunami, meltdown or no meltdown.

You see, traders look at a thousand factors. They look at the political situation in the Middle East, calamities in Japan, oil prices going up or down, US dollar depreciation, China’s economic growth, President’s Aquino’s love life… Okay, that last item is a joke. (But who knows? Traders look at everything.) But investors?

They simply look at one thing alone. What is that? Company earnings. Period.

We ask, “Are my favorite giant companies earning big money? And what’s the probability that they’ll continue to earn big money for the next 10 years?”

Interested about Stock Market in the Philippines? He're the latest news, PSEi ended the week at 8,127.48, up by 74.79 points or 0.93% this Friday.

PSEi rebounds, ends week at 8,127.48

"The Philippine Stock Exchange index (PSEi) ended the week at 8,127.48, up by 74.79 points or 0.93% on Friday. The all-shares index gained 25.28 points or 0.55% to 4,635.38.

Gainers edged out losers 101 to 85, while 45 issues were unchanged. 

On Wednesday, the PSEi broke its seven-day rally on profit taking, dropping 45.99 points or 0.57% to close at 8,052.69. The all-shares index also lost 18.69 points or 0.40% to settle at 4,610.10."


Source: bworldonline.com



SE Asia Stocks - Philippine at record high, outperforms on week

"The Philippine main index hit a record closing high on Friday, posting its fourth consecutive weekly gains, while Thai shares retreated after ending higher in
the previous session as investors cut risk holdings ahead of a long market holiday.

Philippine composite index, which measures moves of 30 large caps, ended up 0.93 percent at 8,127.48, above the 8,098.68 record close hit on April 7. It was up 1.7 percent on the week, among Southeast Asia's outperformers.

Investors built positions in large caps ahead of first-quarter results due out in coming weeks, said brokers in
Manila. Ayala Land, Metropolitan Bank & Trust and SM Prime Holdings were actively traded.
    
In Bangkok, shares moved in a tight range, with the key SET index ending 0.2 percent lower. Profit-taking hit banking shares, led by a 0.8 percent fall in Krung Thai Bank after a 1.3 percent rise on Thursday.
    
The Thai stock market will be closed from April 13-15 to celebrate the country's new year while banks will kick off a quarterly reporting season from late next week.

SOUTHEAST ASIAN STOCK MARKETS
 Market                    Current            Prev Close    Pct Move
 Singapore             3468.49           3460.30       +0.24 
 Kuala Lumpur       1841.42           1849.39       -0.43
 Bangkok                1543.89          1545.11       -0.08
 Jakarta                   5473.68          5500.90       -0.52
 Manila                    8127.48           8052.69       +0.93

 Ho Chi Minh           554.03              550.52       +0.64"

Source: reuters.com

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

Here Are Five Easy Steps To Get You Started On Investing The Philippine Stock Market

The 28th president of the United States Woodrow Wilson said it right when he said,  “I not only use all the brains that I have, but all I can borrow.”, beautiful isn't it?

We really need to work with other people, collaborate ideas, research on other people good concept, ideas and practices. When it comes to stock market strategies in the Philippines, understand all the details, ins and outs of stock market investing is not easy, for me I cannot do it on my own. That's the one reason I subscribed on the Truly Rich Club, but then I am not purely relying in all the inputs coming from the Truly Rich Club. I also do my own research.  

For the newbie on stock market investing in the Philippines, to those who wanted to enter in this arena, here's some tips I read from online news about some steps to get you started on investing in the Philippine Stock Market.

"Here are five steps to get you started on investing in equities:

1. Assess yourself.

Before you begin to invest in stocks, it is important to know what you need and want, and to determine if equity investing is for you.

Here are some questions to ask yourself:

h

What are your financial goals?

Before investing on anything, know your financial objectives vis-à-vis your current financial assets and your life stage. This will give you an idea as to how to craft your investment strategy. The investment strategy of a 50-year old retiree with real estate, money market placements, and insurance plans will obviously be very different from a 21-year-old who has just received his first bonus. Once you have an investment strategy in place, then you can decide on what investment vehicles are best for you, including equities.

What is your appetite for risk?

Stock investing, it must be stressed, is not for everyone. Equities carry risks, and the money you put into shares of stock is not insured by the government. Therefore, if you are not in a position to lose part or all of your investment money, stocks may not be a suitable option for you. Equities are best for those who are willing to take on a degree of risk in exchange for larger gains.

What other investments do you have?

Investing in equities should be seen in the context of your entire investment portfolio, with a goal to diversify your holdings in order to manage your risks.

What is your time frame?

Studies have also shown that equities tend to grow in value over a long period of time. Stocks are best for those without time pressures to deal with.

Do you have the time and the capacity to manage your stock portfolio?

Stock investing requires understanding how the market works, as well as the companies whose shares you intend to buy. If you do not have both, then you should look for a broker to help you manage your stock transactions.

2. Find a stockbroker.

The Philippine Stock Exchange has a list of brokers that you can refer to. There are also brokerage houses that allow you to do online trading, which some find to be a more convenient way of handling transactions. Some banks also offer stock broking services. Brokers differ in the range of services they offer, as well as in the minimum investment amount that they require.

The larger brokerages servicing institutions and high-net-worth individuals typically offer research services on top of trading, while smaller ones can simply offer trading services. Ideally, your broker would take the time to ask you about your investment goals and ask about your appetite for risk.

3. Open a trading account.

Your selected broker will give you a list of requirements to fulfill. Make sure you understand its conditions well. Take note of transaction fees and other rules, like how to transact. If you will use an online trading platform, take the time to familiarize yourself with how it works.

4. Monitor your investments.

Periodically monitor the movement of the stocks in your portfolio. Closing prices may be monitored online, on TV and in business newspapers. Keep yourself informed of any dividend announcements, which may entitle you to cash or additional shares of stock.

5. Evaluate your investment strategy regularly.

Does it still dovetail with your financial goals? From time to time, you may wish to continue to add to your stock portfolio, or if it is time to allocate some funds to other investment platforms, based on changes in your personal circumstances and goals.

One last but very important point: Do not think of stock investing as a form of gambling.

While you might have heard of people who have amassed a fortune overnight over a single stock, this is the exception and not the rule. Investing in stocks and in everything else requires an understanding of your goals, patience, and a lot of ground work. This point will be the common thread in this series of four articles on how to get started on investing in different financial products."

Source: abs-cbnnews.com/business

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

Do You Want To Know Why Foreign Stock Investors Like Indonesia...But Love Philippines?

We have been reading and hearing a lot of good news about the Philippine economy, the uptrend of the Philippine Stock Market, as well as the status of our GDP. Despite the some negative connotation of many, the Philippine economy continues to expand and grow and we believe this growth has been attracting a lot foreign investor not only in Asia but from around the world. 

PHL seen outpacing peers till 2016

"THE PHILIPPINES could further eclipse its peers in the region this year and next as the economy is projected to grow faster than initially expected in both periods, Standard & Poor’s (S&P) said in a new report it released yesterday, citing the country’s strong domestic activity.

Bullish business sentiment, coupled with low inflation and higher government spending, likely prodded economic growth to 6.5-7% in the first quarter of 2015, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said separately yesterday.

In a report, titled: “Slowing China The New Norm: Balancing Credit Stability And Continual Tailwinds,” S&P said Philippine gross domestic product (GDP) could grow by 6.2% in 2015 and 6.4% in 2016. Both estimates are slightly faster than the 6.1% and the 6.3% S&P had given in February for the respective years.

The forecasts, however, still fall short of the 7-8% growth sasaran the government had set for both years.

Nevertheless, the global debt watcher expects the Philippines to continue to be the main growth engine in Southeast Asia, which is projected to grow at an average pace of 5.1% this year and 5.3% in 2016.

The report said the Philippines will “continue to see strong consumption and investment” this year and next.

Asked to elaborate, S&P economist Vincent R. Conti said in an e-mail: “We continue to expect the Philippine economy to expand by around 6% per annum over the next few years, driven by robust consumption and investment growth.”

“This strength in the domestic economy will be underpinned by the growing outsourcing sector and the rising middle class.”


Last year, economic growth came in at 6.1%, a few points shy of the government’s 6.5-7.5% sasaran after a five-quarter-high of 6.9% was logged in October-December. Crawling farm sector output and lower-than-programmed -- and at times even contracting -- state spending had weighed on growth for much of last year."

Source: bworldonline.com

Foreign stock investors like Indonesia...but love Philippines

"Net foreign purchases of Philippine shares jumped to $1.1 billion in January-to-March, the highest for any quarter in almost three years and more than twice the net volume of funds flowing into Southeast Asia's biggest economy Indonesia.

Government stimulus programmes in Japan and Europe have unleashed a global flood of liquidity. Investors have flocked to the Philippines, drawn by strong corporate earnings, analysts say. The broad market index in Manila has clocked 27 record finishes so far this year. The benchmark has also been boosted by the increased weighting of the country in the MSCI Emerging Markets and MSCI Asia ex-Japan indexes in February.

"We see lots of funds coming into Asia, and particularly, in the Philippines. That's why index shares are being pushed up," Rafael Algarra, executive vice president of Security Bank Corp's treasury division, told Reuters. In contrast, Indonesia and Vietnam posted $416 million and $18 million in net foreign stock buying, respectively. Thailand recorded $260.02 million in net selling, Reuters data shows.

Foreign funds are enticed by the outlook for the consumption-driven Philippine economy versus those of its neighbours, said Michaelangelo Oyson, president of the securities arm of Bank of the Philippine Islands. The big winners in the first quarter included snacks and beverage maker Universal Robina Corp, and conglomerates LT Group Inc and GT Capital Holdings Inc, both of which own consumer goods businesses, Oyson said."

Source: reuters.com

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

How To Be A Great Stock Market Investor [The Truly Rich Way]

Successful investing is NOT easy. There, I’ve said it. No point beating around the bush.

Don’t get me wrong. It’s not technically difficult. In fact, that’s the easy part. As you know, my maids and messengers have been investing successfully for years now. After a few clicks, they know how to operate the COL Financial website. They know how to buy and sell.

I repeat, that’s the easy part. It’s not the technical part that’s difficult. Successful investing is emotionally difficult. You could be a rocket scientist and fail in investing because you don’t know how to control your emotions. And that, my dear friend, is the GREAT SECRET of successful investing in the stock market: CONTROL YOUR EMOTIONS.

Let me give you an example. Today, we have the almost perfect condition of the stock market: If you buy at these low prices, you make the most long-term profit. But our emotions don’t see that. All we see is our stock market portfolio dripping with blood. All we see is that our money is 10 percent or 15 percent lesser on paper. And we “feel” depressed. Discouraged. Despondent. So we’re not excited to buy. Instead, we want to sell, run, and cry. But I assure you—if you can control your emotions—you’ll be a great stock market investor.

Source: Truly Rich Club Stocks Update Volume 5, No. 1, Published January 2014



Below is some latest Philippine stock market investing news: 

Aquino sets sights on market hitting 9,000 as PSEi doubles under his term

President Benigno Aquino III is optimistic that the Philippine Stock Exchange index (PSEi) will hit 9,000 before his term ends.

“I expect to ring the bell in celebration of the index breaching the 9,000 and 10,000 levels hopefully before I step down from office,” Aquino told members of the PSE board of directors and officials of listed companies during the bell ringing ceremony on Tuesday morning.

Aquino rang the opening bell at the PSE in Makati City, more than a week after the PSEi closed above the 8,000 level.

Last Friday, it reached its all-time high at 8,127.48 points.

Aquino recalled that when he first assumed office in 2010, the PSEi was still on the cusp of breaching the 4,000 level.

“Now, looking back, I cannot help but think: How times have changed, and might I add: For the better,” he said.

The President said there is a lot of optimism in the economic performance of the country.

“I am told that trading activity increased by 40 percent year on year, from P457.08 billion in the first quarter of 2014, to P641.59 billion in the same period of 2015,” he said. “Within that same period, net foreign buying also grew by 182 percent, from P17.33 billion in the first quarter of 2014, to P48.87 billion in the first quarter of 2015.”

Aquino pointed out that the PSE would soon migrate to a new trading system called PSETrade XTS, “which possesses an enhanced trading capacity and increased risk management parameters.”

He said it will serve the PSE well and he is hopeful that the index will breach the 9,000 and 10,000 levels before his term ends in 2016.


Source: business.inquirer.net

Philippine Stock Exchange Targets All-Time High Of 9,000

After clocking 27 record finishes so far this year and breaking past the 8,100 level, the Philippine Stock Exchange (PSE) now eyes to break past the 9,000 level.

The PSE expressed optimism that the local stock market will be able to break past the 9,000 level, which will be an all-time high.

The PSE issued the statement as President Benigno Aquino III sounded the opening bell on Tuesday.

In today’s early tarding, the Philippine Stock Exchange index (PSEi) opened at 8,081.61, higher by 8.39 points or 0.10 percent from the previous trading day.

Meanwhile, strong corporate earnings in the Philippines have enticed foreign stock investors to flock into the country, triggering a USD1.1bn jump in net foreign purchases in Q1 of this year.

Reuters data showed that the net foreign purchases of Philippine shares in January to March recorded the highest for any quarter in almost three years.

In contrast, Indonesia and Vietnam posted USD416m and USD18m in net foreign stock buying in the said quarter, respectively.

Thailand, meanwhile, recorded USD260.02m in net selling. Rafael Algarra, EVP of Security Bank Corp’s treasury division told Reuters that index shares in the Philippines are being pushed up to the funds coming into Asia, particularly in the Philippines.

The Philippine stock market has clocked 27 record finishes so far this year.

One analyst said the outlook for the consumption-driven Philippine economy has enticed foreign funds into the country versus those of its neighbors

Source:  businessnewsasia.com

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red