PSE Circular for Brokers No. 1816-99
PSE Circular for Brokers No. 1816-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 22, 1999
Full text
July 22, 1999 PSE CIRCULAR FOR BROKERS NO. 1816-99 July 21, 1999 Phil. Stock Exchange, Inc. PSE Centre, Exchange Road Ortigas Center Pasig City Attention: Atty . Ruben Almadro Vice-President - Compliance & Surveillance Group Gentlemen : Reference is made to your faxed letter this afternoon offering the observation that there is an unusual movement in the trading of Marsteel Consolidated, Inc.'s Class "B" (MCB) shares today, July 21, 1999. (The share price of MCB decreased by 36.36% from P0.0220 to P0.0140 per share). Please be advised that we know of no material information which can affect the unusual behavior of trading of our shares in the market. I guess this is all part of the speculative nature of the market. cdlex Very truly yours, (SGD.) JOSE V. MARTEL Senior Vice-President
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.