Showing posts with label HSBC. Show all posts
Showing posts with label HSBC. Show all posts
HSBC Premier Marketwatch by Sun Life Financial Philippines
The HSBC Premier Market watch seminar was held on March 14, 2012. It was conducted by Moises Esguerra, fund manager from Sun Life Financial Philippines. The seminar covered the fund manager's market outlook here in the Philippines and a summary of the fund performance of Sun Life's Mutual Funds. Here are the highlights of the seminar:
- Philippine stocks ended Feb-2012 with another stellar performance up 4.6% month-on-month (+215 points), and up 12% on a year-to-date basis, its best in the last few years.
- The month also saw the PSEi hit consecutive record levels reaching 4897.65 points last February 29 in a liquidity driven rally. Net foreign buying for the month reached USD $170 million.
- The PSEi recently hit another all time high of 5030.58 points last March 5. (5,050 points last March 14). To date, the index is still up by 14% as of March 9, 2012. (More after the jump)
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