When we say Philippines perhaps the first thing that comes in our mind is a third world country. We immediately refer to the country’s economy when we are talking about stock market. Aside from this, when we say stock market we have in mind the amount of money that goes in and out from the companies operating within the country.
Some jargons about stock market that are not common to everyone are initial public offering (IPO), equities, dividends, PE Ratio, corporate earnings, fundamental and technical analysis, buyer and seller.
In addition, stock market refers to the investments entered into a certain country. As for this matter, we go through the Philippines. Buying and selling of big corporation in the Pearl of the Orient are the largest potentials that could increase the value of Philippine currency.
Like any other circumstances in the world of stock market, when it maintains high level it indicates that Filipinos are able to purchase goods with their Philippine money.
It’s safe to say that the highest peak of Philippine Stock Market was during 2009 when a number of corporations profited at least 30 percent. Meralco topped them all with 321 percent profit as its share reached Php198.00 per share from Php47.00 on the previous year.
GMA Network Incorporated, a television network, followed the electric company. It arrived with 64 percent profit as its shares increased to Php8.40 each from Php5.10 in 2008. Metrobank came next with 60.78 percent increase earning Php41.00 per share from Php25.50 a year earlier.
SM Prime Holdings stopped at fourth place where it gained 49 percent profit receiving Php10.75 per share from Php7.20 in 2008. Jollibee Foods Corporation landed on the fifth place with 38.67 percent profit gain with increased Php52.00 per share from Php37.50 a year earlier.