75-577: PSE Dividend Yield Index The Philippine Stock Exchange, Inc. ( Filipino : Pamilihang Sapi ng Pilipinas ; PSE : PSE ) is the national stock exchange of the Philippines . The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange . Including previous forms, the exchange has been in operation since 1927. The PSE's headquarters
150-542: A "Modernizing the Language Approach Movement" (MOLAM). Lacuesta hosted a number of "anti-purist" conferences and promoted a "Manila Lingua Franca" which would be more inclusive of loanwords of both foreign and local languages. Lacuesta managed to get nine congressmen to propose a bill aiming to abolish the SWP with an Akademia ng Wikang Filipino , to replace the balarila with a Gramatica ng Wikang Filipino , to replace
225-594: A MakTrade software where all the orders are posted and matched in one computer. They have nearly 10,000 employees. In October 2004, the Securities Clearing Corporation of the Philippines (SCCP), a clearing and settlement agency for depository eligible trades, became a wholly owned subsidiary of the PSE. The SCCP acts as the settlement coordinator and risk manager for broker transactions as well as administrator of
300-507: A common Malayo-Polynesian language due to the Austronesian migration from Taiwan. The common Malayo-Polynesian language split into different languages, and usually through the Malay language, the lingua franca of maritime Southeast Asia, these were able to adopt terms that ultimately originate from other languages such as Japanese , Hokkien , Sanskrit , Tamil , and Arabic . The Malay language
375-577: A common national language, termed Filipino , to replace Pilipino. Neither the original nor the amended version specified either Tagalog or Pilipino as the basis for Filipino; Instead, tasking the National Assembly to: take steps toward the development and formal adoption of a common national language to be known as Filipino. In 1987, a new constitution designated Filipino as the national language and, along with English, as an official language. That constitution included several provisions related to
450-618: A resolution on November 9, 1937 recommending Tagalog to be basis of the national language. On December 30, President Quezon issued Executive Order No. 134, s. 1937, approving the adoption of Tagalog as the language of the Philippines, and proclaimed the national language of the Philippines so based on the Tagalog language. Quezon himself was born and raised in Baler, Aurora , which is a native Tagalog-speaking area. The order stated that it would take effect two years from its promulgation. On December 31 of
525-498: A shareholder-based, revenue-earning corporation headed by a president and a board of directors and on December 15, 2003, listed its own shares on the exchange (traded under the ticker symbol PSE ). On March 28, 2022, The Philippine Stock Exchange launched the PSE Thematic Index Series, with two new indices, namely PSE Dividend Yield Index, and PSE MidCap Index. On January 4, 1993, the former Manila Stock Exchange started
600-462: A trading floor moot. PSE also said that the closure of the trading floor was done to embrace digitalization. The PSE has eight constituent indices: The PSEi is the main index of the PSE, while the All Shares Index is the broader index of the exchange. The remaining six indices are sector indices based on a company's main source of revenue . Although listed in an index, companies are listed on
675-429: A week and was known as Linggo ng Wika (Language Week). The celebration coincides with the month of birth of President Manuel L. Quezon, regarded as the "Ama ng Wikang Pambansa" (Father of the national language). In 1946, Proclamation No. 35 of March 26 provided for a week-long celebration of the national language. this celebration would last from March 27 until April 2 each year, the last day coinciding with birthday of
750-784: Is a translation of Article 1 of the Universal Declaration of Human Rights . Usually, the diacritics are not written, and the syntax and grammar are based on that of Tagalog . the General Assembly proclaims this UNIVERSAL DECLARATION OF HUMAN RIGHTS as a common standard of achievement for all peoples and all nations, to the end that every individual and every organ of society, keeping this Declaration constantly in mind, shall strive by teaching and education to promote respect for these rights and freedoms and by progressive measures, national and international, to secure their universal and effective recognition and observance, both among
825-765: Is an American stock exchange based in New York City . It is the most active stock trading venue in the U.S. by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange . The exchange platform is owned by Nasdaq, Inc. , which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges . Although it trades stock of healthcare, financial, media, entertainment, retail, hospitality, and food businesses, it focuses more on technology stocks . The exchange
SECTION 10
#1732847777660900-590: Is argued that current state of the Filipino language is contrary to the intention of Republic Act (RA) No. 7104 that requires that the national language be developed and enriched by the lexicon of the country's other languages. It is further argued that, while the official view (shared by the government, the Komisyon sa Wikang Filipino , and a number of educators) is that Filipino and Tagalog are considered separate languages, in practical terms, Filipino may be considered
975-401: Is frequently used. While the word Tagalista literally means "one who specializes in Tagalog language or culture" or a "Tagalog specialist", in the context of the debates on the national language and " Imperial Manila ", the word Tagalista is used as a reference to "people who promote or would promote the primacy of Tagalog at the expense of [the] other [Philippine] indigenous tongues". This
1050-641: Is located at the Philippine Stock Exchange Tower , located along the One Bonifacio High Street complex in Bonifacio Global City . The Philippine Stock Exchange is currently owned and managed by The Philippine Stock Exchange, Inc., a company that is also listed on the exchange ( PSE : PSE ), which is responsible for managing the entire stock exchange, and currently has a total of 285 listed companies. The main index for
1125-621: Is made up of both American and foreign firms, with China and Israel being the largest foreign sources. "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority . On February 8, 1971, the Nasdaq stock market began operations as
1200-479: Is that speech variety spoken in Metro Manila and other urban centers where different ethnic groups meet. It is the most prestigious variety of Tagalog and the language used by the national mass media. The other yardstick for distinguishing a language from a dialect is: different grammar, different language. "Filipino", "Pilipino" and "Tagalog" share identical grammar. They have the same determiners (ang, ng and sa);
1275-414: Is the indigenous written and spoken language of Metro Manila and other urban centers in the Philippines used as the language of communication of ethnic groups . However, as with the 1973 and 1987 Constitutions, 92-1 went neither so far as to categorically identify, nor so far as to dis-identify this language as Tagalog. Definite, absolute, and unambiguous interpretation of 92–1 is the prerogative of
1350-627: The Komisyon sa Wikang Filipino (Commission on the Filipino Language, or KWF), superseding the Institute of Philippine Languages. The KWF reports directly to the President and was tasked to undertake, coordinate and promote researches for the development, propagation and preservation of Filipino and other Philippine languages. On May 13, 1992, the commission issued Resolution 92-1, specifying that Filipino
1425-474: The American colonial period , English became an additional official language of the Philippines alongside Spanish; however, the number of speakers of Spanish steadily decreased. The United States initiated policies that led to the gradual removal of Spanish from official use in the Philippines. This was not done through an outright ban, but rather through a strategic shift in language policy that promoted English as
1500-666: The Balarílà ng Wikang Pambansâ (English: Grammar of the National Language ) of grammarian Lope K. Santos introduced the 20-letter Abakada alphabet which became the standard of the national language. The alphabet was officially adopted by the Institute for the Tagalog-Based National Language. In 1959, the language became known as Pilipino in an effort to disassociate it from the Tagalog ethnic group . The changing of
1575-531: The London Stock Exchange to form the first intercontinental linkage of capital markets . In 1996, the SEC issued a report alleging that Nasdaq market makers fixed prices by avoiding "odd-eighths" quotes (at the time, stock prices were quoted in increments of an eighth of a dollar) to artificially widen spreads. The report was followed by a new set of rules for how Nasdaq handled orders. In 1998, it became
SECTION 20
#17328477776601650-530: The Mariano Marcos State University in Batac, Ilocos Norte, that Filipino was simply Tagalog in syntax and grammar, with as yet no grammatical element or lexicon coming from Ilokano , Cebuano , Hiligaynon , or any of the other Philippine languages . He said further that this is contrary to the intention of Republic Act No. 7104, which requires that the national language be developed and enriched by
1725-584: The NASDAQ Financial-100 Index, which tracks the largest 100 companies in terms of market capitalization . On March 10, 2000, the NASDAQ Composite stock market index peaked at 5,132.52, but fell to 3,227 by April 17, and, in the following 30 months, fell 78% from its peak. In a series of sales in 2000 and 2001, FINRA sold its stake in the Nasdaq. On July 2, 2002, Nasdaq Inc. became a public company via an initial public offering . In 2006,
1800-795: The Securities and Exchange Commission announced that it had "relinquished control of the Manila Stock Exchange." The Philippine Stock Exchange was formed on December 23, 1995, from the merger of the Manila Stock Exchange (MSE) (established on August 12, 1927, based on Muelle de la Industria, Binondo , Manila ) and the Makati Stock Exchange (MkSE) (established on May 15, 1963, based in the Makati Central Business District , within Ayala Tower One ). Both exchanges traded
1875-685: The Supreme Court in the absence of directives from the KWF, otherwise the sole legal arbiter of the Filipino language. Filipino was presented and registered with the International Organization for Standardization (ISO), by Ateneo de Manila University student Martin Gomez, and was added to the ISO registry of languages on September 21, 2004, with it receiving the ISO 639-2 code fil . On August 22, 2007, it
1950-519: The trigger system of morphosyntactic alignment that is also common among Austronesian languages. It has head-initial directionality. It is an agglutinative language but can also display inflection . It is not a tonal language and can be considered a pitch-accent language and a syllable-timed language. It has nine basic parts of speech . The Philippines is a multilingual state with 175 living languages originating and spoken by various ethno-linguistic groups. Many of these languages descend from
2025-459: The 20-letter Abakada with a 32-letter alphabet, and to prohibit the creation of neologisms and the respelling of loanwords. This movement quietened down following the death of Lacuesta. The national language issue was revived once more during the 1971 Constitutional Convention . While there was a sizable number of delegates in favor of retaining the Tagalog-based national language, majority of
2100-653: The EMiniCME. Below are the contract specifications for the Nasdaq 100 and derivatives. Nasdaq quotes are available at three levels: The Nasdaq Stock Market sessions, with times in the Eastern Time Zone are: 7:00 a.m. to 9:30 a.m.: extended-hours trading session (premarket) 9:30 a.m. to 4:00 p.m.: normal trading session 4:00 p.m. to 8:00 p.m.: extended-hours trading session (postmarket) The Nasdaq Stock Market averages about 253 trading days per year. The Nasdaq Stock Market has three different market tiers: After
2175-512: The Filipino language. Article XIV, Section 6, omits any mention of Tagalog as the basis for Filipino, and states that: as Filipino evolves, it shall be further developed and enriched on the basis of existing Philippine and other languages. And also states in the article: Subject to provisions of law and as the Congress may deem appropriate, the Government shall take steps to initiate and sustain
2250-422: The Filipino writer Francisco Baltazar , author of the Tagalog epic Florante at Laura . In 1954, Proclamation No. 12 of March 26 provided that the week of celebration would be from March 29 to April 4 every year. This proclamation was amended the following year by President Ramon Magsaysay by Proclamation No. 186 of September 23, moving the dates of celebration to August 13–19, every year. Now coinciding with
2325-493: The Institute of National Language (later the Surián ng Wikang Pambansâ or SWP) and tasking it with making a study and survey of each existing native language, hoping to choose which was to be the base for a standardized national language. Later, President Manuel L. Quezon later appointed representatives for each major regional language to form the NLI. Led by Jaime C. De Veyra , who sat as
Philippine Stock Exchange - Misplaced Pages Continue
2400-750: The MakTrade system. The system was acquired from the New York Stock Exchange . On June 22, 2015, the PSE launch its new trading system, the PSEtrade XTS, which will replace the PSEtrade system acquired from the New York Stock Exchange . The new trading system will be acquired from the NASDAQ In 2016, The Marquee Awards of Alpha Southeast Asia magazine recognized PSE as the Best Stock Market in Southeast Asia for
2475-527: The PSE is the PSE Composite Index (PSEi) composed of thirty (30) listed companies . The selection of companies in the PSEi is based on a specific set of criteria ranging from total capitalization to minimum number of stockholders upon its planned listing. There are also six additional sector -based indices. The PSE is overseen by a 15-member board of directors, chaired by José T. Pardo. On February 3, 1936,
2550-750: The PSE under the First Board, Second Board or the Small and Medium Enterprises Board based on market capitalization . As of March 28, 2022, the Philippine Stock Exchange has 281 listed companies with a total market capitalization of Php18.25 trillion. There are 126 active trading participants registered at the PSE. The PSE also offers Exchange Traded Funds through the First Metro Philippine Equity Exchange Traded Fund, Inc., and also has various REIT companies listed in
2625-514: The Philippine Stock Exchange permanently closed its trading floor in Bonifacio Global City on Friday, June 24, 2022; it would start floor-less trading the following Monday, June 27, 2022. PSE made the decision following the COVID-19 lockdowns in 2020 and 2021; according to the organization, the pandemic and the lockdowns proved that off-site transactions can be made, thus making the existence of
2700-576: The Philippine islands started in 1565 with the fall of Cebu. The eventual capital established by Spain for its settlement in the Philippines was Manila , situated in a Tagalog-speaking region, after the capture of Manila from the Muslim Kingdom of Luzon ruled by Raja Matanda with the heir apparent Raja Sulayman and the Hindu-Buddhist Kingdom of Tondo ruled by Lakan Dula . After its fall to
2775-470: The Philippines provided that: The National Assembly shall take steps toward the development and adoption of a common national language based on one of the existing native languages. Until otherwise provided by law, English and Spanish shall continue as official languages. On November 13, 1936, the first National Assembly of the Philippine Commonwealth approved Commonwealth Act No. 184; creating
2850-882: The Spaniards, Manila was made the capital of the Spanish settlement in Asia due to the city's commercial wealth and influence, its strategic location, and Spanish fears of raids from the Portuguese and the Dutch. The first dictionary of Tagalog, published as the Vocabulario de la lengua tagala , was written by the Franciscan Pedro de San Buenaventura, and published in 1613 by the "Father of Filipino Printing" Tomás Pinpin in Pila , Laguna . A latter book of
2925-476: The birthday of President Manuel L. Quezon. The reason for the move being given that the original celebration was a period "outside of the school year, thereby precluding the participation of schools in its celebration". In 1988, President Corazon Aquino signed Proclamation No. 19, reaffirming the celebration every August 13 to 19. In 1997, the celebration was extended from a week to a month by Proclamation 1041 of July 15 signed by President Fidel V. Ramos . It
3000-715: The chair of the Institute and as the representative of Samar-Leyte-Visayans , the Institute's members were composed of Santiago A. Fonacier (representing the Ilokano-speaking regions ), Filemon Sotto (the Cebu-Visayans ), Casimiro Perfecto (the Bikolanos ), Felix S. Sales Rodriguez (the Panay-Visayans ), Hadji Butu (the languages of Muslim Filipinos ), and Cecilio Lopez (the Tagalogs ). The Institute of National Language adopted
3075-550: The computerization of its operations using the Stratus Trading System (STS) with a company called Equicom. On June 15, the former Makati Stock Exchange adopted the MakTrade trading system. Both systems were linked on March 25, 1994, to produce a One Price-One Market exchange. Two years later, on November 13, 1995, the implementation of the Unified Trading System (UTS) allowed the use of a single-order-book system on
Philippine Stock Exchange - Misplaced Pages Continue
3150-634: The continued price increases when selling market data . In December 2020, NASDAQ announced that it would strip its indexes of four Chinese companies in response to Executive Order 13959 . In September 2024, the European Commission said it had carried out an unannounced inspection at the offices of Nasdaq over potential anti-competitive practices. Nasdaq 100 futures are traded on the CME (Chicago Mercantile Exchange) while its derivatives, E-Mini Nasdaq 100 and Micro E-Mini Nasdaq 100 futures are traded on
3225-461: The delegates who were non-Tagalogs were even in favor of scrapping the idea of a "national language" altogether. A compromise was reached and the wording on the 1973 constitution made no mention of dropping the national language Pilipino or made any mention of Tagalog. Instead, the 1973 Constitution , in both its original form and as amended in 1976, designated English and Pilipino as official languages and provided for development and formal adoption of
3300-529: The eve of the United Nations Conference on Sustainable Development (Rio+20). In November 2016, chief operating officer Adena Friedman was promoted to chief executive officer , becoming the first woman to run a major exchange in the U.S. In 2016, Nasdaq earned $ 272 million in listings-related revenues. In October 2018, the SEC ruled that the New York Stock Exchange and Nasdaq did not justify
3375-475: The exchange's property index. Filipino language Filipino ( English: / ˌ f ɪ l ɪ ˈ p iː n oʊ / , FIH-lih-PEE-noh ; Wikang Filipino , [ˈwi.kɐŋ fi.liˈpi.no̞] ) is a language under the Austronesian language family . It is the national language ( Wikang pambansa / Pambansang wika ) of the Philippines , lingua franca (Karaniwang wika), and one of
3450-461: The first stock market in the United States to trade online, using the slogan "the stock market for the next hundred years". The Nasdaq Stock Market attracted many companies during the dot-com bubble . Its main index is the NASDAQ Composite , which has been published since its inception. The QQQ exchange-traded fund tracks the large-cap NASDAQ-100 index, which was introduced in 1985 alongside
3525-455: The highest record close. However, on December 12, 2012, almost ten months after, it neared the 5,800 mark closing in 6,000 near the end of the year. On January 7, 2013, the PSE Composite gets to all-time record at 6,000 mark. In March it again broke another record by ending the trading day at 6,847.47 after Fitch Group upgraded the Philippines for the first time to investment grade status . On May 10, 2013, it achieved its 29th record close for
3600-498: The latest edition being published in 2013 in Manila. Spanish served in an official capacity as language of the government during the Spanish period. Spanish played a significant role in unifying the Philippines, a country made up of over 7,000 islands with a multitude of ethnicities, languages, and cultures. Before Spanish rule, the archipelago was not a unified nation, but rather a collection of independent kingdoms, sultanates, and tribes, each with its own language and customs. During
3675-401: The latter national. This is similar to the comparison between Castilian and Spanish , or Mandarin and Chinese . Political designations aside, Tagalog and Filipino are linguistically the same, sharing, among other things, the same grammatical structure. On May 23, 2007, Ricardo Maria Nolasco, KWF chair and a linguistics expert, acknowledged in a keynote speech during the NAKEM Conference at
3750-408: The lexicon of the country's other languages, something toward which the commission was working. On August 24, 2007, Nolasco elaborated further on the relationship between Tagalog and Filipino in a separate article, as follows: Are "Tagalog," "Pilipino" and "Filipino" different languages? No, they are mutually intelligible varieties, and therefore belong to one language. According to the KWF, Filipino
3825-399: The monthly Stock Guides (stock guides and procedures) issued by Standard & Poor's Corporation. Over the years, it became more of a stock market by adding trade and volume reporting and automated trading systems. In 1981, Nasdaq traded 37% of the U.S. securities markets' total of 21 billion shares. By 1991, Nasdaq's share had grown to 46%. In 1992, the Nasdaq Stock Market joined with
SECTION 50
#17328477776603900-431: The name did not, however, result in universal acceptance among non- Tagalogs , especially Cebuanos who had previously not accepted the 1937 selection. The 1960s saw the rise of the purist movement where new words were being coined to replace loanwords. This era of "purism" by the SWP sparked criticisms by a number of persons. Two counter-movements emerged during this period of "purism": one campaigning against Tagalog and
3975-422: The new headquarters of the PSEi, located in One Bonifacio High Street, Bonifacio Global City , replacing the two trading floors in Metro Manila : one at its headquarters at the PSE Plaza Ayala Triangle, Ayala Tower One in the Makati Central Business District (Makati Stock Exchange); and one at the Philippine Stock Exchange Centre (Tektite Towers), Ortigas Center in Pasig (Manila Stock Exchange). However,
4050-401: The official name of Tagalog, or even a synonym of it. Today's Filipino language is best described as "Tagalog-based". The language is usually called Tagalog within the Philippines and among Filipinos to differentiate it from other Philippine languages, but it has also come to be known as Filipino to differentiate it from the languages of other countries; the former implies a regional origin,
4125-493: The other campaigning for more inclusiveness in the national language. In 1963, Negros Occidental congressman Innocencio V. Ferrer took a case reaching the Supreme Court questioning the constitutionality of the choice of Tagalog as the basis of the national language (a case ruled in favor of the national language in 1970). Accusing the national language as simply being Tagalog and lacking any substantial input from other Philippine languages, Congressman Geruncio Lacuesta eventually led
4200-940: The peoples of Member States themselves and among the peoples of territories under their jurisdiction. ang Pangkalahatáng Kapulungán ay nagpapahayág ng PANGKALAHATÁNG PAGPAPAHAYÁG NA ITÓ NG MGÁ KARAPATÁN NG TÁO bílang pangkalahatáng pamantáyang maisasagawâ pára sa lahát ng táo at bansâ, sa layúning ang báwat táo at báwat galamáy ng lipúnan, na láging nása ísip ang Pahayág na itó, ay magsíkap sa pamamagítan ng pagtutúrò at edukasyón na maitagúyod ang paggálang sa mgá karapatán at kalayáang itó at sa pamamagítan ng mgá hakbáng na pagsúlong na pambansâ at pandaigdíg, ay makamtán ang pangkalahatán at mabísang pagkilála at pagtalíma sa mgá itó, magíng ng mgá mamamayán ng mgá Kasáping Estádo at ng mgá mamamayán ng mgá teritóryo na nása ilálim ng kaniláng nasasakúpan. NASDAQ The Nasdaq Stock Market ( / ˈ n æ z d æ k / ; National Association of Securities Dealers Automated Quotations)
4275-409: The primary language for education, governance, and law. At present, Spanish was designated an optional and voluntary language under the 1987 Constitution, along with Arabic. While Spanish and English were considered "official languages" during the American colonial period, there existed no "national language" initially. Article XIII, section 3 of the 1935 constitution establishing the Commonwealth of
4350-501: The same name was written by Czech Jesuit missionary Paul Klein (known locally as Pablo Clain) at the beginning of the 18th century. Klein spoke Tagalog and used it actively in several of his books. He wrote a dictionary, which he later passed to Francisco Jansens and José Hernández. Further compilation of his substantial work was prepared by Juan de Noceda and Pedro de Sanlúcar and published as Vocabulario de la lengua tagala in Manila in 1754 and then repeatedly re-edited, with
4425-398: The same personal pronouns (siya, ako, niya, kanila, etc.); the same demonstrative pronouns (ito, iyan, doon, etc.); the same linkers (na, at and ay); the same particles (na and pa); and the same verbal affixes -in, -an, i- and -um-. In short, same grammar, same language. In connection with the use of Filipino, or specifically the promotion of the national language, the related term Tagalista
4500-402: The same stocks of the same companies. In June 1998, the Securities and Exchange Commission (SEC) granted the PSE a "Self-Regulatory Organization" (SRO) status, which meant that the bourse can implement its own rules and establish penalties on erring trading participants (TPs) and listed companies. In 2001, the PSE was transformed from a non-profit, non-stock, member-governed organization into
4575-428: The same year, Quezon proclaimed Tagalog as the basis of the Wikang Pambansâ (National Language) giving the following factors: On June 7, 1940, the Philippine National Assembly passed Commonwealth Act No. 570 declaring that the Filipino national language would be considered an official language effective July 4, 1946 (coinciding with the country's expected date of independence from the United States). That same year,
SECTION 60
#17328477776604650-638: The status of the Nasdaq Stock Market was changed from a stock market to a licensed national securities exchange. In 2007, it merged with OMX, a leading exchange operator in the Nordic countries, expanded its global footprint, and changed its name to the NASDAQ OMX Group. To qualify for listing on the exchange, a company must be registered with the United States Securities and Exchange Commission (SEC), must have at least three market makers (financial firms that act as brokers or dealers for specific securities) and must meet minimum requirements for assets, capital, public shares, and shareholders. In February 2011, in
4725-427: The trade guaranty fund. In 2005, the PSE adopted an online daily disclosure system (ODiSy) to improve the transparency of listed companies and ensure full, fair, timely and accurate disclosure of material information from all listed companies. The ODiSy provides a 24/7 online system access for the submission of all types of disclosures. On July 26, 2010, the PSE launched its new trading system, PSEtrade, which replaced
4800-434: The trading day at 8,127.48 On January 26, 2018, PSEi breached through 9000 for the first time, ending at 9,041.20, up by 42.03 points, or 0.47%. Trading on the PSE pre-opens at 9:00 A.M.; opens at 9:30 A.M.; is in recess between 12:00 and 1:30 P.M.; pre-closes at 3:15 P.M.; in run-off from 3:20 P.M.; and closes at 3:30 P.M. The unified trading floor 's final location was the Philippine Stock Exchange Tower (PSE Tower) ,
4875-559: The two official languages ( Wikang opisyal / Opisyal na wika ) of the country, with English . It is a standardized variety of the native language Tagalog , spoken and written in Metro Manila , the National Capital Region, and in other urban centers of the archipelago. The 1987 Constitution mandates that Filipino be further enriched and developed by the other languages of the Philippines . Filipino, like other Austronesian languages, commonly uses verb-subject-object order, but can also use subject-verb-object order. Filipino follows
4950-462: The use of Filipino as a medium of official communication and as language of instruction in the educational system. and: The regional languages are the auxiliary official languages in the regions and shall serve as auxiliary media of instruction therein. Section 17(d) of Executive Order 117 of January 30, 1987 renamed the Institute of National Language as Institute of Philippine Languages . Republic Act No. 7104, approved on August 14, 1991, created
5025-429: The wake of an announced merger of NYSE Euronext with Deutsche Börse , speculation developed that NASDAQ OMX and Intercontinental Exchange (ICE) could mount a counter-bid of their own for NYSE. NASDAQ OMX could be looking to acquire the American exchange's cash equities business, ICE the derivatives business. At the time, "NYSE Euronext's market value was $ 9.75 billion. Nasdaq was valued at $ 5.78 billion, while ICE
5100-460: The world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trades. The NASDAQ Stock Market eventually assumed the majority of major trades that had been executed by the over-the-counter (OTC) system of trading, but there are still many securities traded in this fashion. As late as 1987, the Nasdaq exchange was still commonly referred to as "OTC" in media reports and also in
5175-400: The year 2015. The Alpha Southeast Asia, Named PSE Again as the Best Stock Market in Southeast Asia in 2017, for 4 Times in 5 Years. In 2019, The PSE has introduced a new index that will help track the overall returns of the main index, The Total Return Index (PSEi TRI), as part of the efforts to create a broader investor base for the market. On March 2, 2012, the PSE Composite hits 5,000 mark
5250-446: The year closing at 7,262.38, surpassing the previous record of 7,215.35 on May 3. On May 15, 2013, the PSEi hit its 30th all-time high of 7403.65 and ending the day at 7,392.2. However, the tapering by the Federal Reserves in the United States caused the PSEi to end at 5,889.83. On April 6, 2015, the PSE Composite the 8,000 mark and closes on another record by ending the trading day at 8,053.74. In 4 days it broke another record by ending
5325-439: Was founded as a European equivalent to the Nasdaq Stock Market. It was purchased by NASDAQ in 2001 and became NASDAQ Europe. In 2003, operations were shut down as a result of the burst of the dot-com bubble . In 2007, NASDAQ Europe was revived first as Equiduct and was acquired by Börse Berlin later that year. On June 18, 2012, Nasdaq OMX became a founding member of the United Nations Sustainable Stock Exchanges Initiative on
5400-443: Was generally used by the ruling classes and the merchants from the states and various cultures in the Philippine archipelago for international communication as part of maritime Southeast Asia. In fact, Filipinos first interacted with the Spaniards using the Malay language. In addition to this, 16th-century chroniclers of the time noted that the kings and lords in the islands usually spoke around five languages. Spanish intrusion into
5475-458: Was reported that three Malolos City regional trial courts in Bulacan decided to use Filipino, instead of English , in order to promote the national language. Twelve stenographers from Branches 6, 80 and 81, as model courts, had undergone training at Marcelo H. del Pilar College of Law of Bulacan State University following a directive from the Supreme Court of the Philippines . De la Rama said it
5550-416: Was the dream of Chief Justice Reynato Puno to implement the program in other areas such as Laguna , Cavite , Quezon , Aurora , Nueva Ecija , Batangas , Rizal , and Metro Manila , all of which mentioned are natively Tagalog-speaking. Since 1997, a month-long celebration of the national language occurs during August, known in Filipino as Buwan ng Wika (Language Month). Previously, this lasted only
5625-646: Was valued at $ 9.45 billion." Late in the month, Nasdaq was reported to be considering asking either ICE or the Chicago Mercantile Exchange to join in what would probably have to be, if it proceeded, an $ 11–12 billion counterbid. In December 2005, NASDAQ acquired Instinet for $ 1.9 billion, retaining the Inet ECN and subsequently selling the agency brokerage business to Silver Lake Partners and Instinet management. The European Association of Securities Dealers Automatic Quotation System (EASDAQ)
#659340