News Formal

PSE announces reforms to bolster stock market

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 55%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Philippine Stock Exchange (PSE) said Wednesday it is amending its board lot rules to allow retail investors to purchase

PSE president and chief executive Ramon Monzon said in a forum the move would accommodate the expected influx of retail investors from leading mobile wallet GCash.

The PSE said it would also officially launch on Oct. 23 its short-selling and securities borrowing and lending program. “We are grateful to the SEC and BIR for their approvals on important regulatory aspects of SBL and short selling. This development brings us a step closer to the full adoption and implementation of these much-awaited programs,” said Monzon.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks fall ahead of inflation reportPhilippine stocks fell Wednesday ahead of the release of the September inflation rate. The 30-company Philippine Stock Exchange index lost
Source: MlaStandard - 🏆 20. / 55 Read more »