Instead, Duediligencer is reporting on this piece what passed off sometime in August, whilst from the fifteenth to 19, net overseas promoting amounted to P3.101 billion, and grew even similarly to P3.536 billion the following week.
A week in advance, the PSEI closed at 7,845.Forty nine. Then it began falling. By Sept. Sixteen, the market’s major barometer has misplaced 291.73 factors, finishing the consultation at 7,553.Seventy six.
The public ought to no longer were surprised by way of the marketplace’s fall for the reason that the PSEI consists of only 30 shares on which foreigners could make their bets. Rather, they must worry greater on how long foreigners’ absence from the market might closing. They realize fully well that without foreigners, there may be much less exchange on the PSEi’s 30 indexed groups.
PCD-held shares
Why do the Securities and Exchange Commission and the Philippine Stock Exchange tolerate the exercise with the aid of listed corporations of hiding the identities of their majority stockholders at the back of PCD Nominee Corp.?
Money line blog 