Is SMC2A an indicator that investors appetite for risk are subsiding?

April 23, 2013 at 10:30 am Leave a comment

Since its inception, SMC2A (San Miguel Preferred 7.5%) have stayed on its face value at 75. Going below at some time, while its 7.75% and 8% sisters, the SMC2B and SMC2C went up for a 2 to 4 peso premium. For the past days, it started to move. it inched up as the PSE index registered its highest ever in history, 7100++ yesterday.

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Entry filed under: Phisix's Closet (PSEi). Tags: , .

CS on CPM. Interesting Reference Chart – PNB

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