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Monthly Archives: February 2013
Accord Capital Daily, Thursday, February 28, 2013
Addendum: Effective March 11, BLOOM to replace SMDC in the index. Read the full disclosure at: http://pse.com.ph/resource/disclosures/2013/pdf/dc2013-1856_PSE.pdf
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Accord Capital Daily, February 28, 2013, Thursday
MARKET RECAP STOCKS TOOK A SLIGHTLY DIFFERENT ROUTE Wednesday, rising off the opening bell but found little support to sustain the northern rush and close the day in the red for a second straight session. Share prices across Asia were … Continue reading
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Market Daily for Thursday, 28 February 2013
February 28, 2013 HIGHLIGHTS: TA and DMC’s Sem-Calaca sign power supply deal DMC bags contract for Ortigas Co. condo project Viridian GTCAP PhP10bn long-term bonds approved for listing EDC’s Bacman plants resume commercial operations GLO & TEL confident to pass … Continue reading
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Accord Capital Daily, February 27, 2013, Wednesday
MARKET RECAP INVESTORS TOOK NOTE OF THE DOW’S 216.40 (-1.55%) meltdown Monday to usher in and cede early control of the market to the bears. It was a day filled with a menu of negative news from Europe. The PSEI … Continue reading
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Market Daily for Wednesday, 27 February 2013
February 27, 2013 HIGHLIGHTS: The Cement Manufacturers Association says cement demand up 18% in 2012 MWC posts 27% increase in net income in 2012 on water sales MER looking to invest in Thailand and Vietnam PX to resume Padcal mine … Continue reading
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Accord Capital Daily, February 26, 2013, Tuesday
MARKET RECAP PSEI sets 21st record close, breaches 6,700 US stocks check 2-day slide on German confidence Fate of QE3 dents optimism EU growth keep risks elevated Listed firms profits provide boost to prices, outlookBOOSTED BY THE DOW’S ADVANCE FRIDAY, … Continue reading
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Market Daily for Tuesday, 26 February 2013
February 26, 2013 HIGHLIGHTS: Confidence index dips to 41.5% in 1Q13 from 49.5% in 4Q12 CPG’s Quezon City project 92% sold on demand MER 2012 net income up 9% to PhP16.3bn on electricity sales Valuation table
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Accord Capital Daily, February 25, 2013, Monday
TWO POINTS WERE EVIDENT in last week’s trades. One, the Bulls are not about to give up the 6,600-level; and Two, the Bears are not allowing a breach of the 6,670-line –at least not yet. The mixed menu of news … Continue reading
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Market Daily for Monday, 25 February 2013
February 25, 2013 HIGHLIGHTS: PXP posts 2012 net loss of PhP1.09bn on investment write-downs FGEN to delist mature bonds in Singapore Exchange ROX looking for new investors ahead of production upgrade I and CPG to partner in overseas remittance deal … Continue reading
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Accord Capital Daily, February 22, 2013, Friday
THE MARKET FLUCTUATED between losses and gains leaving investors undecided on the direction of trades. European and US stocks slipped as the Fed debates on the future of QE3. Asia also took a hit. Yet at the end of the … Continue reading
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