PSE Plaza, Ayala Ave., Makati City
14 April 2015
President Benigno S. Aquino III rang the Philippine Stock Exchange (PSE) bell at exactly 9:30 a.m. to celebrate the record-breaking event of the index hitting a historical high of 8,127.48 points on 10 April 2015, breaching the 8,000 point-level target.
In his speech, President Aquino expressed his gratitude for the continuous success and optimism surrounding the Philippines. He mentioned that the PSE will be migrating to PSETrade XTS next month, a new trading system that has an enhanced trading capacity and increased risk management parameters that has the ability to recover from a system failure within the same day.
“I have no doubt that this system will serve you well in the future, especially since I expect to ring the bell in celebration of the index breaching the 9,000 and 10,000 levels before I step down from office,” he added.
The April 10 record was the 27th time that the PSEi closed at an all-time high since the start of the year 2015. The record also brought the market’s year-to-date gain to 12.4 percent.
Together with the President were Department of Finance Secretary Cesar Purisima, PSE Chairman Jose Pardo, PSE President and CEO Hans Sicat, and PSE Director Eusebio Tanco.
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