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Stock Exchange |
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The Philippine stock market is one of the oldest in the Asia-Pacific region. Prior to the incorporation of the Philippine Stock Exchange in 1992, the country had two stock exchanges: the Manila Stock Exchange (MSE) and the Makati Stock Exchange (MKSE). The MSE, established in 1927, was originally located in downtown Manila but was later transferred to Pasig City. The MKSE started operations in 1965 and was located in the financial district of Makati.
Although the MSE and the MKSE were operating as separate entities, the two exchanges were basically trading the same listed issues. In order to develop a more efficient capital market, members of the MSE and the MKSE organized themselves into the Philippine Stock Exchange, and agreed on a functional unification of the two trading floors. more
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Manila Directory |
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