pse reaction paper

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  • 8/13/2019 PSE Reaction Paper

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    Patrick Jay M. Nicabera 03/11/13

    Engr. Glenn Ortiz BSECE-2A

    Philippines Stock Exchange tour

    We were gather to the Philippines stock exchange in another co-curricular enhancementknowledge to our engineering economics subject. There are two branches of Philippines stockexchange, one is at Ayala and other one is at Tektite tower located at Ortigas. The seminar willstart at exactly 10:30 in the morning so we need to get there at 10:00am. Going to tektite towerwas easy because of I take the MRT unlike the others who takes a bus and faces the traffic ofEDSA. It was a walking distance from megamall building A to get to tektite tower. It was10:30am and we decided to go inside to check our reservation for the seminar, after a fewminutes the guard let us pass by to go to the PSE room seminar. Every one of us is seems to beexcited because I can see in their eyes as we approaching the room we were shock that theresanother batch of class who is taking with us! And they already start the seminar. So the speakerwhich is Ms. Mj Pangan decided to go all over again from the start and welcome us. I thoughtthat we will be able to go to the actual floor to see what they are doing at their desk but insteadwe were ask to seat at floor and listen as we see the Electronic board at the center of thetrading floor in the glass windows separating the room.

    The tour to the Philippine stocks exchange aimed to familiarize us on the nature and

    operations of the agency and to in still in the students the significance of the stock market inpropelling economic development through financial market opportunities. The speaker gave usa trivia game for us asking what is the Tagalog of market and PSE gladly one of our classmatesanswer correctly. The speaker also walked us through the history of the Philippine StockExchange way back 1990s that there two different stock exchange here in the Philippines,Manila Stock Exchange and the Makati Stock Exchange. But it was already an epic when formerpresident Fidel V. Ramos decided to merge them due to unequal issue of stocks value. Then thePhilippines Stocks exchange were born! As she discuss I noticed that the stock floor was quietunlikely in my research that the stock floor is like a wet market bidding prices. Is it lunch break?Then the answer came up quick with her discussion, most of the sellers and buyers of the stocksare making bidding and posting through online.

    The seminar motivates us to invest! Guides us to how to play the game. Why should weinvest? When should you start investing? How do you make the money grow? These are thequestions cope up with my mind while she is explaining to us. I feel greedy at that time, I wantto invest! But she also explain the risk of investing. In this game you should be updated so youwill not left behind. I also learned that when you will invest you should invest at the trusted

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    company or stock holder, also you should trust your instinct like what Ive red at the book oflife of Donald Trump. In my perception when you want to invest you should be patience. Itsnice to know that every Filipino person can invest at Philippines stock exchange. I almost forgotabout the broker. Being broker and stock holder at the same time has a bigger advantages inthis game. I think this persons are very smart and veteran in this league. The role of the PSEgoes beyond bringing buyers and sellers together and facilitating sale and purchase ofstocks. The Stock Exchange makes sure that the stock transactions are done in an efficient,orderly, fair, and transparent manner.

    Overall the tour is great giving us a new knowledge about economic trend but its quiteboring because I dont see lots of action like Ive seen at the movies. The i mportant thing is thisseminar convinced me to invest and participate to PSE someday to be a part of stock market.Also I feel so thankful to my professor for giving us a chance to go to this kind of seminar and joining us to our lunch after the seminar as we were like a family.