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Saturday, December 31, 2011
Listed Firms at Philippine Stock Exchange Raise A Lot of Moolah
As a personal investor in the Philippine Stock Exchange, I was actually glad to hear of the news that listed firms were able to raise 107.5 billion pesos when they listed this year! I actually did not invest in any IPO this year but these IPO's included Megawide Construction Corp., Puregold Price Club, Cirtek Holdings, Calapan Ventures and Touch Solutions.
I also learned now that trading has been extended to 3PM. How cool is that! With seven record highs this year, our own PSE is doing very well vis-a-vis our peers in the region. I personally am going to plow in more money into our portfolio this year!
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