philippine stock market reaches past historic 6,800 all time high, so far record broken 23 times in 2013

here is some trivia : of the 23 times the record high was broken, 19 times or 83% occurred on consecutive days.

impressive growth for the philippine stock market in 2012 – broke record highs 39 times

 

 

november 27 – philippine stock market index reaches new historic high, 32nd in 2012

the stock market broke record high on three (3) consecutive trading days days – november 23, 26 and 27.

November 23, 2012 – philippine stock market breaks new record, 30th time in 2012

 

 

 

 

philippine stock market breaks the 5,500 mark, 28th time record high broken in 2012

the philippine stock market reached a new and important milestone today – it reached the 5,500 index mark and breaks the record high an impressive 28 times this year. the 5,500 mark is an important psychological barrier. we almost felt it will not be reached this year but it is great news that it did so towards the end of november.

this new high was reached at the back of the impressive recovery of the Dow Jones last night. the philippine stock market tends to react positively on good news from the dow jones.

the philippine stock market will probably be one of the best performing not only in asia but also in the world by the end of the year. unless the dow jones tanks by january 2013 with the fiscal cliff happening in the US, the philippine stock market is expected to rise even higher in 2013 as it is an elction year and the phillippine economy usually spikes up during election years. it is possible that the philippines stock market will go up as well.

philippine stock market breaks all time high 27 times in 2012 & other trivia

just a few weeks more until 2012 ends and the philippine stock market’s record high has been broken 27 times already. breaking the all time high 27 times is more than a good reason to talk about it even though the year has not ended.

the months of august and september 2012 did not have the PSEI index record high broken.

the month of june 2012 did not have the PSEI index record high broken.

click here for other record breaking months:

philippine stock market breaches 5,000 mark, sets 11th all time high record in 2012

may 2, 2012 – philippine stock market breaks record high for the 19th time since january 2012

 

 

 

philippine stock market’s phisix reach new record high 10 times since january 1, 2012

mid session today, someone sent a tweet that the phisix, the philippine stock market’s index hit a new record high. i sent a tweet reply and asked the question was this the 9th or 10th time that the index had reached record high this year?

doris dumlao, one of the country’s prominent business writers sent me a text saying it is the 8th breakout.  i counted it and it also came out as 8 times for me. then she sent another  tweet saying its the 9th breakout since january 1, 2012. i sent her a tweet saying, will look at the charts again to look for the 9th.

went back to the charts again and i actually found that the phisix reached an all time high 10 times since january 2012, not just 9.

i picked up the data from here : http://finance.yahoo.com/q/hp?s=PSEI.PS+Historical+Prices

posting here the excel entries of the closing numbers of the philippine stock market with the all time high numbers highlighted in yellow.

am i counting it wrong? would be interesting to find out what the PSE has on this one.

 

 

buying philippine stocks online – confused strategy, confused ad

buying stocks online has grown signficantly in the philippines.  a few have offered this kind of service. one of these companies is citiseconline. they recently released a print ad on one of their products or program or whatever. find out more about it here : http://the-wawam-file.blogspot.com/

citiseconline and the expert

citiseconline has a new product that they advertised recently. what is the value of an “authority” in an ad? read it here : http://the-wawam-file.blogspot.com/