A worked guide to buying a listed share.
From the broker account to shares recorded in your name: the chain, the order rules and the arithmetic of a budget, with ten PSE companies read from the exchange's own pages at the 6 November 2026 close.
Start with a PSE trading participant (a stockbroker), and what the account chain leaves in your name.
Ten companies at the 6 November 2026 close, with the change and the place in the 52-week range.
Divide a budget by the cost of one board lot to see what it buys, and what is left.
From the account to the holding
- Open an accountWhat opening a share account in the Philippines involves: a PSE trading participant, a scripless holding through PDTC and the funds you keep with the broker.
- Price boardTen PSE companies at the 6 November 2026 close: where each close sits in its 52-week range, and the change on the previous close.
- BudgetCost of one board lot and the number of board lots that ₱ 10,000, ₱ 50,000 and ₱ 500,000 buy for ten PSE companies at the 6 November 2026 close.
- Orders and pricesMarket and limit orders, board lots, odd lots and the foreign ownership limit for ten PSE companies at the 6 November 2026 reading.
- SettlementFrom a matched order to scripless shares: clearing, settlement, the free float and foreign ownership limit the exchange prints, and what a dividend notice contains.
- Company pagesWhat each figure on a company page means and how it is worked out, using BDO at the 6 November 2026 close.
Ten PSE shares: close, change and the cost of one board lot
Each row is one reading: the close, the change against the previous close, and the cost of one board lot, which is the close times the lot size the exchange sets for that company. Brokerage, taxes and charges are not included.
| Code | Company | Close | Change | Cost of one board lot |
|---|---|---|---|---|
| BDO | BDO Unibank, Inc. | 125.00 | +1.71% | ₱ 1,250 |
| SM | SM Investments Corporation | 561.00 | −2.26% | ₱ 5,610 |
| BPI | Bank of the Philippine Islands | 98.90 | +1.33% | ₱ 989 |
| SMPH | SM Prime Holdings, Inc. | 17.80 | −0.22% | ₱ 1,780 |
| MER | Manila Electric Company | 446.00 | −0.67% | ₱ 4,460 |
| AC | Ayala Corporation | 555.00 | +2.49% | ₱ 5,550 |
| TEL | PLDT Inc. | 1,129.00 | −0.88% | ₱ 5,645 |
| ALI | Ayala Land, Inc. | 15.22 | −2.44% | ₱ 1,522 |
| GLO | Globe Telecom, Inc. | 1,478.00 | −1.40% | ₱ 7,390 |
| JFC | Jollibee Foods Corporation | 149.00 | −1.00% | ₱ 1,490 |
Session of 6 November 2026. Read from PSE Edge + TradingView screener on 6 November 2026.
What is on this page, and what is not
This site answers one question before a first purchase of a share on the Philippine Stock Exchange: how much money has to be ready, and through which accounts that money becomes shares in your name. The board above holds ten companies (BDO, SM, BPI, SMPH, MER, AC, TEL, ALI, GLO, JFC) with the close of the session of 6 November 2026, the change on the previous close, and the cost of one board lot. Each code opens a company page with the figures from the exchange behind that row.
What is not here: recommendations, target prices, ratings, real-time quotes, forecasts. The site is not a broker, opens no accounts and takes no money. What is here is arithmetic you can check and an explanation of the chain from a bank account to a share account.
From your bank to a share in your name
An order does not go from you to the exchange. It goes to a stockbroker that is a trading participant of the PSE, the participant sends it to the exchange's trading system, and a matched trade is cleared and settled through the exchange's clearing house, with the shares held in scripless form through the Philippine Depository & Trust Corp. (PDTC). So an account with the broker is the first thing to open, and the shares then sit in your name in a scripless account.
The chain has four steps. You open the accounts. You move money to the broker. You send an order. After settlement the shares are recorded in your account. Each step has a page: opening the account, orders and price rules, and settlement and ownership.
How to read the board
The close is the last price of the session of 6 November 2026. The change compares it with the previous close. The last column is the cost of one board lot, the close times the lot size. On that session 3 of the 10 companies closed higher than the previous close and 7 lower; the largest rise was AC (+2.49%), the largest fall ALI (−2.44%).
4 of the 10 closes are in the lowest quarter of their own 52-week range and 1 in the highest quarter; MER is nearest its low (place 13.4 of 100) and AC nearest its high (80.2).
Ten companies by place in the 52-week range
The cost of one board lot
The PSE sells in board lots, and each company has its own lot size, printed on the exchange's page. On the 6 November 2026 close the cheapest is BPI at ₱ 989 per board lot and the dearest GLO at ₱ 7,390, which is 7.5 times as much.
One board lot of each of the ten would cost ₱ 35,686 together before costs.
A worked example: ₱ 25,000 and MER
Take a budget of ₱ 25,000 and Manila Electric Company (MER). Its close is ₱ 446.00, so one board lot costs ₱ 4,460. The budget divided by that is 5.61, rounded down to 5: 5 board lots worth ₱ 22,300, with ₱ 2,700 left in cash before costs.
The same sum for every company and six budgets is on the budget page; the company page has it for one company.
Which record is kept by whom
The records that exist once a purchase has settled.
| Record | Kept by | Why it matters |
|---|---|---|
| Contract note | The broker | States price, quantity, charges and settlement date |
| Account | The broker | Holds the money for orders and the proceeds of sales |
| Holding | PDTC, scripless | Records the shares held for you |
Board lots on the PSE
The board lot differs by company: BDO 10, SM 10, BPI 10, SMPH 100, MER 10, AC 10, TEL 5, ALI 100, GLO 5, JFC 10 shares. The exchange sets it; the page prints it; the cost of a board lot is the close times it. For these ten, a lot costs between ₱ 989 and ₱ 7,390.
An order smaller than a board lot is an odd lot, dealt with separately. Ask the broker whether the app offers it.
The ten by market value
By the market value PSE Edge prints, the largest of the ten is SM at 694.1 bn and the smallest JFC at 168.7 bn; the order is SM, BDO, BPI, SMPH, MER, AC, TEL, ALI, GLO, JFC. Market value is the number of shares in issue times the price, so it moves with the price every session.
A large market value says a company is large at the price of the day. It does not say the shares are cheap or dear.
How long each has been listed
The exchange prints each company's listing date. The longest-listed of the ten is TEL, since 17 September 1953, and the most recent is SM, since 22 March 2005.
A listing date is a fact about the shares, not a measure of the business, and it is on each company page next to the free float and the foreign ownership limit.
Free float
The free float, the share of a company's shares that the PSE counts as held by the public, is 21.9% for GLO and 51.2% for AC, with the rest of the ten in between. The remainder is held by controlling shareholders and other long-term holders.
A small free float means a small part of the company is for sale in the market on any day. It is a fact about ownership.
The close is not the price you get
The board shows a finished session. When an order is sent, what counts is the queue at the exchange at that moment. Across one year, MER has closed anywhere between ₱ 410.00 and ₱ 679.50, which is a spread of 66 percent from low to high.
So use the board to size a budget. Before sending an order, read the price on your broker's screen, redo the sum with it, and add costs.
Two dates on every table
Each table names two dates that are not the same. The session date (6 November 2026) is the trading day whose close is used. The read date (6 November 2026) is the day the data was read and stored. A gap between them is normal: the exchange closes first and the data is read afterwards.
If you open this page a week from now, both dates stay the same and the figures stay the figures of that session. That is why the page tells you to look at your broker's screen before ordering: the dates on this page are in the past and the market goes on.
Where the figures come from, and how they were checked
The figures are read from the PSE Edge stock-data pages (edge.pse.com.ph), read 6 November 2026, with a second reading from the TradingView public screener the same day. Nothing is typed by hand. Before a record is written, every figure is recounted from the stored pages with separate code, and the close of every company must agree with the second reading to the cent; the previous close and the change must agree.
The check itself is tested: planted errors (a shifted close, a wrong range, a flipped change, a wrong lot cost) must all be rejected, and the method page lists them.
The same ten by the day's change
Words used on this site
Close: the last price of the session. Previous close: the close of the session before. 52-week range: the lowest and highest price of the past year. Place in the range: the position of the close between them, 0 to 100. Board lot: the standard order size. Odd lot: an order below it. Scripless: held as an electronic record. Free float: the share of a company the exchange counts as held by the public.
Budget: the money you set aside for the purchase. Remainder: the money left when whole units have been bought.
Five questions before pressing buy
Does the broker hold a trading right from PSE? What does the tariff say about commission and minimums? Does the price on the broker's screen differ from the close on this page, and by how much? Does the quantity fit the budget after costs? Is the order limit on the exchange's price grid, and is the quantity a whole board lot?
Each of the five has an answer you can find on a screen you already have, which is the point of listing them.
If you are new
Read the account page first, then the budget page, then the page on orders and prices. Open one company page to see how its figures are worked out. Read the method page last, to see what was checked and what was left out on purpose.
None of it needs a calculator beyond the one in your phone; every sum on the site is a division, a multiplication or a subtraction.
What the board does not show
The board has no trading volume, no buy and sell queue, no history of closes and no dividend dates. They are not on it because they were not read for this site, and a figure that was not read is not printed. Your broker's screen shows the queue and the volume as they stand when you look.
The FxPro account is not a way to buy these shares
The one affiliate link on this site is to FxPro, an international broker that offers contracts for difference. A CFD on a share is a contract on its price; no share is bought, nothing is recorded at the depository, and there is no dividend or vote. FxPro does not offer PSE shares at all: its CFDs are on shares and indices listed elsewhere. The FxPro page sets out the difference, and the publisher may earn a commission if a reader opens an account through the link.
Ready to open an account?
The account this site links to is a CFD account on global share prices, not a way to buy PSE shares. Read the difference before signing up.