The Philippines is considered to be an emerging market based on a rich agricultural economy and is transitioning to an economy based on services and manufacturing. The PSE Composite Index (PSEI) is the main index used to track the performance of the Philippine Stock Exchange (PSE), the index is a collection of the top companies listed on exchange by market capitalisation, composed of Industrial, Properties, Services, Holding Firms, Financial and Mining & Oil sectors.
Some of the largest and most well-known listed stocks include Bank of the Philippine Islands (BPI), Universal Robina (URC), Jollibee (JFC), Globe Telecom (GLO), 2GO Group (2GO) and Ayala Land (ALI).
|Philippines (PSE)||Offline Only||0.70%||PHP ₱1,800.00|
Note: Commission is inclusive of GST and exchange fees are exclusive of GST, and may be subject to change without prior notice. Share Trading Fees outlined are for execution only, fees for advisory services may differ and should be discussed with your Private Client Adviser. Custodian charges may apply.
All accounts are prepaid in order to enjoy low online brokerage fees.
Compare brokerage fees across all markets here.
|VAT||0.03% (Minimum PHP ₱24.00)|
|BSRD (Bangko Sentral Registration Document) Fee*||PHP ₱1,000.00 (Buy and sell trades)|
|Stock Transaction Tax||0.6% (Sell only)|
|Foreign Fees||0.0175% (Minimum PHP ₱28.00)|
|Australia Time AEST||11:30am – 02:00pm|
|03:30pm – 05:17pm|
|1st Session||09:30am – 12:00pm|
|2st Session||01:30pm – 03:30pm|
|Settlement Cycle||T+3 Market Days|