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June 14, 2012

Types of Stocks in the Stock Market According to Sectors

Stocks are classified according to types and classes, depending on the characteristics and earnings potential.

According to SECTORS

Stocks listed and traded on the Philippine Stock Exchange (PSE) are classified into six (6) sectors:

1.    Financials Sector – includes companies engaged in banking, investments, and finance.

2.    Industrial Sector – includes companies involved in the following:

        a.    Electricity, Energy, Power, and Water
        b.    Food, Beverage, and Tobacco
        c.    Construction, Infrastructure, and Allied Services
        d.    Chemicals
        e.    Diversified Industrials

3.    Holding Firms Sector – includes companies or firms that control or manage partial or complete interest in another company or other companies. Usually, these companies do not produce goods or services itself; rather, its purpose is to own shares of other companies.

4.    Property Sector – includes companies involved in land and property development

5.    Services Sector – includes companies involved in the following:

        a.    Media
        b.    Telecommunications
        c.    Information Technology
        d.    Transportation Services
        e.    Hotel and Leisure
         f.    Education
        g.    Diversified Services

6.    Mining and Oil Sector – includes companies engaged in mineral extraction, oil exploration, extraction and production.

Source: pseacademy

I just learned this six sectors of stocks in the stock market. I got this all from the PSEAcademy in my research about stock market and how I grow my financial freedom through investing in the stock market. This helps me a lot in identifying the kinds of stock I have in the stock market. This will further increase my knowledge in the stock market world. 
I'm learning my way to success in the field of stock market. I will pay the price to financial freedom and freedom of time. I commit to do the hard stuff. I commit to harness my skills to provide service to the people. And because of this, I will become a rich blessing to others.

Photo credits: FlickrCC

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