Monthly Archives: December 2012

Accord Capital Daily, Friday, December 28, 2012

Posted on December 28, 2012 by research

OVERNIGHT DEVELOPMENTS, OR PROGRESS, IN THE US’ FISCAL CLIFF DRAMA will be the major influence to trading sentiments as the Philippine concludes a record-setting 2012 session. Year-end window-dressing, profit-taking and portfolio re-configuration for 2013 presents a complementary and/or balancing force. … Continue reading →

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Market Daily for Friday, 28 December 2012

Posted on December 28, 2012 by LawrenceAaron_DeLeon

December 28, 2012 HIGHLIGHTS: PHL budget deficit narrows to PhP11.6bn in November; PhP127.3bn year-to-date MPI signs deal with Cavitex for Cavite Tollway financing COAL to subscribe to new Titan Mines shares MAKE sells more shares to comply with minimum public … Continue reading →

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Market Daily for Thursday, 27 December 2012

Posted on December 27, 2012 by LawrenceAaron_DeLeon

December 27, 2012 HIGHLIGHTS: STI to open nine school campuses on expansion GLO completes tender offer of Bayantel bonds; secures control of Lopez telco MIH/MIHB to buy remaining public shares thru tender offer Global Gaming buys more BLOOM shares from … Continue reading →

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Accord Capital Daily, 2012 Ender and 2013 Outlook

Posted on December 26, 2012 by research

We entered 2012 with cautious but bullish expectations. Our optimism borrowed from the domestic economy’s prospects – mainly a PPP-driven growth – while our cautiousness was founded on off-shore risks – specifically theEuropean fiscal debt dilemma, a US economy facing … Continue reading →

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Accord Capital Daily, Wednesday, December 26, 2012

Posted on December 26, 2012 by research

After drawing optimism from Speaker Boehner’s commitment to keep working on a budget plan with President Obama, markets slumped as the Speaker caved in to pressures from party-mates and cancelled a vote on higher taxes for top earnings making more … Continue reading →

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Accord Capital Daily, Friday, December 21, 2012

Posted on December 21, 2012 by research

The PSEI rose off the opening bell and hardly looked back to close 45 points higher at 5,797.74. It is now poised to make its third close above 5,800 if the momentum carries over to Friday’s trades ahead of a … Continue reading →

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Market Daily for Thursday, 20 December 2012

Posted on December 20, 2012 by LawrenceAaron_DeLeon

December 20, 2012 HIGHLIGHTS: World Bank sees accelerating growth for East Asia, Philippine economies in 2013 PHL balance of payments surge in November on inflows ICT hikes stake in Pakistan port operator ALI and PHES finalize deal for Valenzuela property … Continue reading →

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Accord Capital Daily, Wednesday, December 19, 2012

Posted on December 19, 2012 by research

Global markets extended its run sending the MSCI All Country World Index to a three-month high. Asian markets were also higher as optimism surged on the progress of US budget talks. The Nikkei added 0.96% to 9,923.01 as the Japanese … Continue reading →

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Market Daily for Wednesday, 19 December 2012

Posted on December 19, 2012 by LawrenceAaron_DeLeon

December 19, 2012 HIGHLIGHTS: Remittances from overseas Filipinos climb by 8.2% in October, fastest in 11 months GTCAP to raise PhP10bn thru debt market TEL to sell its BPO unit SPI Global Holdings FDC meets minimum public float after 6.7% … Continue reading →

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Market Daily for Monday, 17 December 2012

Posted on December 17, 2012 by LawrenceAaron_DeLeon

December 17, 2012 HIGHLIGHTS: Consumer confidence in 4Q12 improved to -10.4% from -13.3% in 3Q12 SM to allot PhP30bn for various projects CCBPI sells 51% of itself to Coca-Cola FEMSA of Mexico AC declares dividend on common and preferred A … Continue reading →

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