Monthly Archives: April 2013

Market Daily for Tuesday, 30 April 2013

Posted on April 30, 2013 by LawrenceAaron_DeLeon

April 30, 2013 HIGHLIGHTS: IMF projects 5.3% growth for Asian region in 2013 on consumer demand, investments MWC subsidiary gets PhP500m loan facility for Laguna expansion MBT Bank financial strength rating receives upgrade from Moody’s ALI signs joint venture with … Continue reading →

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Erratum: Accord Capital Daily, Monday, April 29, 2013

Posted on April 29, 2013 by research

Erratum: It was MOODY’S ANALYTICS, not MOODY’S INVESTOR SERVICES that tagged the country as a “rising star”. DAILY REPORT for April 29, 2013_MON DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE … Continue reading →

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Accord Capital Daily, Monday, April 29, 2013

Posted on April 29, 2013 by research

The PSEI appears set to make another into uncharted territory, make a second close above 7,000 and re-write history books for the 28th time this year soon, putting it just 10 short of last year’s frequency. The most recent all-time … Continue reading →

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Market Daily for Friday, 26 April 2013

Posted on April 26, 2013 by LawrenceAaron_DeLeon

April 26, 2013 HIGHLIGHTS: BSP keeps key interest rates unchanged but cuts SDA rate by 50 basis points SM reports 1Q13 net income of PhP7.4bn, up 22% y-o-y Valuation table  

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Market Daily for Thursday, 25 April 2013

Posted on April 25, 2013 by LawrenceAaron_DeLeon

April 25, 2013 HIGHLIGHTS: SMDC 1Q13 net income climbs 12% to PhP1.4bn on sales ALI and Aboitiz form joint venture to develop Cebu properties AT 1Q13 net income surges 139% to PhP565m BEL 1Q13 net income rockets 15-fold to PhP777m … Continue reading →

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Accord Capital Daily, Wednesday, April 24, 2013

Posted on April 24, 2013 by research

Trades opened with the market plunging 75 points as the index tests fresh support levels. At yesterday’s close, interim support was pegged at the psychological 7,000-mark with the first important retracement not far behind at 6,990 – a level the … Continue reading →

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Market Daily for Wednesday, 24 April 2013

Posted on April 24, 2013 by LawrenceAaron_DeLeon

April 24, 2013 HIGHLIGHTS: Asia United Bank set to sell shares through PhP9.7bn IPO next month AGI quiet on reports on IPO of Travellers International unit TA signs 5 year power purchase deal with KEPCO-SPC AP subsidiary Hedcor developing a … Continue reading →

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Accord Capital Daily, Tuesday, April 23, 2013

Posted on April 23, 2013 by research

The bulls are so confident of the fundamental prospects they have defied technical indications for an extended time, leaving bears limited time to dominate the market. Thus, retreats have been short-lived – the longest losing streak being the eight-session 6% … Continue reading →

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Market Daily for Tuesday, 23 April 2013

Posted on April 23, 2013 by LawrenceAaron_DeLeon

April 23, 2013 HIGHLIGHTS: MER reports 1Q13 core net income of PhP4.0bn, up 17.6% y-o-y PSB 1Q13 net income surges 273% to PhP2.0bn COAL subscribes to Titan Gold Mining Valuation table  

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Accord Capital Daily, Monday, April 22, 2013

Posted on April 22, 2013 by research

Various international agencies have either kept or revised upward recognizing the gains made by the Aquino government in the area of fiscal discipline and transparency. The United Nations Economic Commission for Asia and the Pacific (UNESCAP) projects a 6.2% pace … Continue reading →

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