PHILIPPINE STOCK MARKET SERIES - May 12 2018

Hi Guys,

As I move to provide information and News about the Philippine Stock Market and the Economy i will do this on a daily basis moving forward. I will also share my thoughts especially on my kind of investing. (Dividend Investing) method in the Philippine Stock Market.

Without further ado, here it is.

Philippine Stock Market Summary:
The PSEi increased during the week on the back of BSP’s move to increase rates. The benchmark
index gained 205.92 points or 2.66% to close at 7,752.11. Turnover increased to Php29.3 Bil
from Php26.4 Bil in the previous week. Foreigners continued to be net sellers for the week,
disposing Php1.9 Bil worth of shares.

Personal Thoughts:
Currently the market is facing a downward turn since it peaked at around 9,000 points during the opening of the year. As far as i can say, these may come from a multitude of factors. One of my possible take here is the Valuation of the PSE is quite expensive since it's going up for quite sometime now during 2017. Another possible angle to look at is the passage of TRAIN law that changes the implementation of taxation in the country. Others are: the weakness of the Philippine peso, the Philippine inflation rate, fear of a US interest-rate increase, fear of a Philippine interest- rate increase, an actual US interest- rate increase, Philippine tax reform, US-China trade war to name a few.

In short, there are a lot of reason why the stock market is down. Should i worry? No not at all. As a dividend investor my objective is to ride this out by investing (take note, investing not trading) the companies that i choose in order to reap their dividends. This means i look these companies on a fundamental perspective

REFERENCES/SOURCES:
https://businessmirror.com.ph/why-the-pse-is-going-down/
https://ph27.colfinancial.com/ape/Final2/Research/DOWNLOADS/2018-05-11-PH-W.pdf
https://www.efe.ph/blog/philippine-economy-leads-in-asia/ (photo)

FULL DISCLOSURE:
CPG,FGEN,FLI,GLO,GMA7,MER,MFC,SLF,TEL,VLL!