Tuesday, August 14, 2007

Transaction Charges



Buying and Selling transactions entail costs. An investor should be aware how much the hurdle rate is, in order to make profits.


These are the formula used to compute for the transaction charges in trading in the stock market.
******** upliftment fee is for the naming of certificates
******** lodgement fee is for selling of named certificates

Trading in the Phil. Stock Exchange

Trading Day and Non-trading Day –
Every day shall be a trading day except for Sat., Sun, legal holidays and days when the Bangko Sentral ng Pilipinas Clearing Office are closed


Trading Hours
9:00 – 9:29 am Pre-open period
9:30 am Calculation of Open Price/Market Open
9:30 to 12:00 am Regular Trading Hours
12:00 am Closing Time
12:00 – 12:10 pm Closing Prices

Tuesday, August 7, 2007

Rights of Stockholder

a)Transfer of shares from themselves to others
b)Receive dividends when paid
c)Examine corporation books
d)Vote at annual meetings to elect the Board of Directors
e)Limited liability for losses incurred by the corporation (the shareholders cannot lose more than the price paid for the stock)
f)Receive the remaining assets of the corporation after all other claims on the property of the corporation are satisfied
g)Receive a stock certificate