INVESTigadors

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Philippine Stock Exchance Normal Board Lot

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First time stock investors might encounter rejections when ordering stocks online. A lot of times the cause if inappropriate number of shares.

The Philippine Stocks Exchange has the following distributions for the minimum number of shares that can be be ordered.

Here’s the board lot of Philippine Stocks Exchange:

Stock Price Range
(Pesos)
Board Lot
(Min # of shares)
0.0001 to 0.0099 1,000,000
0.010 to 0.049 100,000
0.050 to 0.249 10,000
0.250 to 0.495 10,000
0.50 to 4.99 1,000
5.00 to 9.99 100
10.00 to 19.98 100
20.00 to 49.95 100
50.00 to 99.95 10
100.00 to 199.90 10
200.00 to 499.80 10
500.00 to 999.50 10
1,000 to 1,999 5
2,000 to 4,998 5
5,000 to UP 5

 

For example:

The last traded price of #MRC is P0.45, the minimum number of shares that you need to order is 10,000 and in multiples of 10,000 if you order more shares.

You can order 15,000 shares unless you’re ordering an Odd Board Lot.

Normal board lot ordering in this example would be:

10,000

20,000

30,000

and so on…

 

Next time, I’ll post an Excel calculator on how to commute for your Gain/Loss.

 

Happy investing!

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