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SPREAD BETTING HOCKEY
In , the MSE Composite Index was formed and was the first broad-market index that measured the performance of the stock exchange. It had a base value of 1, However, a series of international financial market crises affected the Philippine economy.
The Asian Financial Crisis caused the index to fall to 1, points which was followed by a decline to points in due to the Dot Com Bubble Burst. Nevertheless, the PSEi closed a new record of 3, Since then, the economy recovered, breaching 7, points for the first time in , eventually reaching its highest record of 9, points in owing to the rise performance of Holding Firms, Real Estate, Industrial, and Services sectors. Recovery has started since then, with it closing the end of with 7, Besides the fact that the PSEi consists of Blue-Chip stocks that have had a strong performance history, the Philippine economy is projected to recover to between 7, to 8, points by the end of according to financial analysts.
All rights reserved. Source: FactSet Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Overview page represent trading in all U. See Closing Diaries table for 4 p. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.
Change value during other periods is calculated as the difference between the last trade and the most recent settle. Source: FactSet Data are provided 'as is' for informational purposes only and are not intended for trading purposes. FactSet a does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and b shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom.
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