NEWS:

Cash Dividend: VVT, Regular 0.1714/sh, Special 0.0489/sh, Ex-date: July 09, 2014| AC, 2.40/sh, Ex-date: July 10, 2014|LR, 0.0425/sh, Ex-date: July 10,2014 |MACAY, 1.35/sh, Ex-date: July 11, 2014| COSCO, 0.06/sh, Ex-date: July 11, 2014|BPI, 0.90/sh, Ex-date: July 14, 2014| CEB, 1.00/sh, Ex-date: July 16, 2014| JGS , 0.20/sh, Ex-date: July 17, 2014| RRHI, 0.41/sh, Ex-date: July 17, 2014| MB, 3%STD, Ex-date:  August 08, 2014| CEU, 0.50/sh, Ex-date: August 11, 2014|  CEU, Regular 0.50/sh, Ex-date: August 11, 2014|  HOUSE, 0.065/sh, Ex-date: August 11, 2014|  I-Remit, 0.05/sh, Special, Ex-date: August 15, 2014| CIC, STD 30%/sh, Ex-date: August 18, 2014|  MER, 5.91/sh, Special Ex-date: August 19, 2014|  MFIN, STD 1.7341193688%/sh, Ex-date: August 22, 2014|  MFIN, 0.0173411936/sh, Ex-date: August 22, 2014|  EEI, 0.05/sh, Ex-date: August 27, 2014|  WEB, 0.10/sh, Ex-date: August 27, 2014| Welcome Geraldine Belleza and nanay Rosa Welcome Geraldine Belleza and nanay RosaWelcome Geraldine Belleza and nanay RosaWelcome Geraldine Belleza and nanay RosaWelcome Geraldine Belleza and nanay RosaWelcome Geraldine Belleza and nanay Rosa



I. Ackerman & Co., Inc. is the first American-owned stock brokerage in the Philippines, and one of the most long-standing and reputable firms in the region. 2011 marks our 48th year serving the investing public.

I. Ackerman & Co., Inc. was founded by the late Irving Ackerman, a New Yorker who transplanted himself to the Philippines shortly after world war II. Ackerman went on to become one of the founding members of the Makati Stock Exchange - the predecessor to the Philippine Stock Exchange - in 1963.

I. Ackerman was also the Philippines' first stock columnist and widely quoted in local and international business periodicals. His book, How to Invest and Win in the Philippine Stock Market is still regarded as the definitive text for investing in the Philippine stock market.

  
MARKET INFORMATION

All quotes from close of:  Nov 21,       Monday         3:30 pm

PSE COMPOSITE AND SECTORAL INDICES
VALUECHANGE % CHG% YTD 
 PSEi7,325.1348.950.67 
 All Shares4,300.3721.980.51 
 Financials1,730.191.800.10 
 Industrial11,922.10143.171.22 
 Holding Firms6,316.768.140.13 
 Services2,159.0913.580.63 
 Mining and Oil15,893.12243.811.56 
 Property2,913.5834.331.19 
 
MARKET ACTIVITY
   Trades54,232 
   Volume5,320,361,416 
   Value (PhP)7,059,480,031 
   Advances99 
   Declines80 
   Unchanged47