PSEi hits its new all time high (January 9, 2018)

in #finance7 years ago

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Photo Courtesy by: Google image

The Philippines Stock Exchange index remarks this 2018 with a new all time high in its market share.Yesterday January 9, 2018 the PSEi closes its trading session at 8923.72 market share the newest all time high in the history of PSEi. The Increase on it’s market share is an indication that our economy had progress and performing well.

What is PSEi?

PSEi (Philippine Stock Exchange Index) it is the benchmark measuring the performance of the Philippine stock market. It Simply, the higher it is, then the better our country’s economy is.The PSEi is composed of 30 biggest company click it here https://philpad.com/list-of-companies-in-psei/

The Eight Indices listed below in the Philippine stock market are all Green it means that they are performing well on that trading day. For example the PSE Financials Index (FIN) up by 2.24% that day it means investing in Financials like Metrobank, BDO are good idea.

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  • PSE ALL Shares Index (ALL)
  • PSE Composite Index (PSEi)
  • PSE Financials Index (FIN)
  • PSE Holding Firms Index (HLDG)
  • PSE Industrial Index (IND)
  • PSE Mining and Oil Index (M-O)
  • PSE Property Index (PRO)
  • PSE Services Index (SVC)

Don’t wait for the right time to invest, there is no other right time than now.

Disclaimer: I am not a guru on stock market. The content given on this blog is based on my experiences and understanding about investment in stock market. If you find something erroneous on this blog, please leave a comment below. I will greatly appreciate that. God bless steemians!

Happy Investing!

Dany

Follow me for more stocks update, @danyopana12

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I can hear Robert Kiyosaki's voice with the quote you have mentioned. Though I am not sure he was the one you're quoting but I am familiar that he has mentioned that in one of his books. Great job @danyopana12! This is such a great way to share how wonderful investing can be!

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