We're back again at investing in Philippine Stock Exchange. It is worth knowing what this table is. Below is a screen shot of the table I got from PSE's website:
This table is a guide on how much one can buy depending on the stock price thus it follows also how much money one needs to buy stocks.
Let say you want to invest in Bank of the Philippine Islands with the stock symbol BPI which is currently at Php 43.00 so based on the board lot the minimum number of shares you can buy is 100 shares and thus you need Php 4,300.00 to buy BPI shares.
How about PLDT with the stock symbol TEL which is currently at Php 2,380.00? Minimum shares you can buy is 10 thus you need Php 23,800.00 to buy 10 shares of TEL.
Or how about United Paragon Mining with the stock symbol UPM which is at Php 0.01 per share. The minimum share is 1,000,000 thus you need Php 10,000.00. Also if you notice the second column says minimum fluctuations. This is a guide for the stock trading prices either you are buying or selling.
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