Monthly Archives: April 2014

Accord Capital Highlight, April 30, 2014

The PSEI edged narrowly higher at the opening bell but surged in the next 15 minutes, reaching an interim intra-day peak at 6,666.17 before easing back and cutting gains by half entering the final hour of morning trades. Advancers’ two-to-one … Continue reading

Comments Off

Market Daily for Wednesday, 30 April 2014

April 30, 2014 HIGHLIGHTS: BPI 1Q14 net income of PhP3.6bn, down 57% y-o-y after one-time gains last year SECB 1Q14 net income up 17% y-o-y to PhP1.4bn BEL 1Q14 net income down 60% to PhP309.9m after one-time gains RWM gets … Continue reading

Comments Off

PSEi, April 29, 2014

TECHNICAL GUIDE: Based on April 28, 2014 closing levels TECH GUIDE for APRIL 29, 2014_TUESDAY

Comments Off

Accord Capital Highlight, April 29, 2014

Tuesday’s trades may be a make-or-break in defining the short-term sentiment. On one hand, the wide negative breadth has pulled the ADL to below the half-way mark of the previous advance from 106 (April 11) to 316 (April 23). A … Continue reading

Comments Off

Market Daily for Tuesday, 29 April 2014

April 29, 2014 HIGHLIGHTS: Moody’s 2014 GDP forecast for Philippines at 6.5% BLOOM records 1Q14 net income of PhP1.45bn, trading at 22x PER VLL to raise US$225m 5-year notes MER 1Q14 net income flat at PhP4.08bn on lower power sales … Continue reading

Comments Off

PSEi, April 28, 2014

TECHNICAL GUIDE: Based on April 25, 2014 closing levels TECH GUIDE for APRIL 28, 2014_MONDAY

Comments Off

Accord Capital Highlight, April 28, 2014

A CERTAIN DEGREE of wariness may mark the beginning of trades for the week as investors weigh last week’s events into their expectations. The PSEI dropped for three straight sessions to close out the week below 6700 for the first … Continue reading

Comments Off

Market Daily for Monday, 28 April 2014

April 28, 2014 HIGHLIGHTS: Philippine import growth slows to 0.3% to US$4.7bn from 26% in January BDO reports a 1Q14 net income of PhP5.5bn, inline with target EMP 1Q14 net income up 19% y-o-y to PhP1.7bn on sales PXP 1Q14 … Continue reading

Comments Off

Accord Capital Highlight, April 25, 2014

ASIA CONTINUES TO TAKE ITS CUE from the US which last night snapped its longest winning streak in six months as the first set of disappointing earnings and home prices fell. Corporate results in the region also become a factor … Continue reading

Comments Off

PSEi, April 24, 2014

TECHNICAL GUIDE: Based on April 23, 2014 closing levels TECH GUIDE for APRIL 24, 2014_THURSDAY

Comments Off