Monthly Archives: June 2015

Market Daily for Tuesday, 30 June 2015

June 30, 2015 HIGHLIGHTS: Country’s BPO industry brought in US$15.3bn in revenues in 2013 MER power gen project in Subic may hit transmission snag ALI, FLI, MEG to bid for Clark Green City project PXP to settle PhP10bn debt parent … Continue reading

Comments Off

Accord Capital Daily Highlight, June 30, 2015

MARKET WRAP: SHOWING THAT WE ARE NOT IMMUNE from what is unfolding fast in Europe, investors rushed to click on the selling button soon as the bell sounded the start of the trading week. This is purely sentiment revealing itself. … Continue reading

Comments Off

Accord Capital Weekly Highlight, June 29 to July 3, 2015

MARKET WRAP: FRIDAY – Against the backdrop of a marginal drop by its global peers overnight, the PSEI attempted to move in the opposite direction. However, the burden may just be too heavy as leads are thin from other sources. … Continue reading

Comments Off

Market Daily for Friday, 26 June 2015

June 26, 2015 HIGHLIGHTS: Monetary Board keeps interest rates unchanged despite slowing GDP MPI tollway unit set to begin work on C5 Link Expressway GERI to spend PhP10bn for Sta Barbara Heights township in Iloilo SMPH confirms long-term plans to … Continue reading

Comments Off

SECTOR FOCUS: BANKING

Sector Focus June 2015 – Banking sector Banking sector likely to see increased M&A activities as a result of Full Entry of Foreign Banks Law (RA 10641) starting 2014 and the ASEAN Banking Integration Framework by 2020. Sector offers good … Continue reading

Comments Off

Accord Capital Daily Highlight, June 25, 2015

OUTLOOK: About a week or so ago, we posited the backdrop as “Greece, Greece and more of Greece – in addition to US interest rates.” The recent moves of the market lend credence to this point. As optimism over a … Continue reading

Comments Off

Accord Capital Daily Highlight, June 22, 2015

OUTLOOK: There is still room for the bull. After being pushed back to its cage by the bear’s recent pawing, it has shown over the recent days (at least prior to Friday and today) that is still has the legs … Continue reading

Comments Off

Market Daily for Monday, 22 June 2015

June 22, 2015 HIGHLIGHTS: Philippines balance of payments swing to a surplus at end-1Q15 External debt levels dip by 3% to US$75.3bn MEG to boost recurring income with new malls, offices SLI approves plan to form JVs and acquire property … Continue reading

Comments Off

Accord Capital Weekly Highlight, June 22 to 26, 2015

OUTLOOK The leads going into Monday’s opening trades does not provide a strong platform for investors to stand their ground and build on the momentum from last week (stymied by an almost flat close Friday on profit-taking.) Stocks across the … Continue reading

Comments Off

Market Daily for Friday, 19 June 2015

June 19, 2015 HIGHLIGHTS: AP to begin pre-development of Nalatang B hydropower plant RWM to more than triple its hotel rooms by 2017 SSI to bring Joe Fresh Stores lifestyle brand to the Philippines DMC may seek lifting of TRO … Continue reading

Comments Off