Stock market enthusiast, investors, entrepreneurs, professionals, those in the academe, anybody interested in investing in the Philippine stock market and Warren Buffett wannabes, brace yourselves, the Philippine stock exchange will be in Cebu soon !
The Philippine stock is the first and the longest operating stock market (since 1927) in Southeast Asia. Despite its being the first and being the longest operating stock exchange sadly it is one of the smallest in terms of trading volume, known as having the shortest trading hours of any stock exchange in Asia and is among the stock exchange having the least involvement among its citizens.
I was browsing the Philippine stock exchange website today and found out that there will be another stock trading tournament that will be conducted starting on June 1, 2009 and ending on February 26, 2010.
I received a question in one of my comments from a certain Albert Awat from Tarlac City, Philippines in my post entitled “Questions and answers on the Philippine stock exchange”
This is the fourth blog post that I have written in response to several questions asked by an accountancy student from the University of the Philippines Visayas (Cebu Campus) regarding the Philippine stock market. As I have said before, I have responded via a blog post because the answers I am giving are quite lengthy not to mention the chance and opportunity to inform the public about value investing and investing in the Philippine stock market.