Monthly Archives: September 2015

Philstocks Financial, Inc. Daily Highlight, September 30, 2015

MARKET RECAP & OUTLOOK: US AND EUROPEAN STOCKS TUMBLED OVERNIGHT as sentiment and outlook were dragged by weak profits by industrial companies in China. WTI Crude added $0.11 (0.25%) while Brent Crude declined $1.26 (2.59%). Both however remain under the … Continue reading

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Philstocks Financial, Inc. Daily Highlight, September 29, 2015

MARKET RECAP & OUTLOOK: GLOBAL MARKETS ARE HEADING INTO ITS WORST QUARTER IN A LONG WHILE. The PSEI finds itself in no better position. As the trades resumed off a three-day weekend, hesitation brought on by apprehensions over uncertainties in … Continue reading

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Philstocks Financial, Inc. Weekly Highlight, September 28 to October 2, 2015

MARKET RECAP & OUTLOOK: PHILIPPINE SHARE PRICES stumbled for a fourth-day, a completing an entire week in the red. This is a complete reversal of the preceding full-week advance. The PSEI dropped below 6900 wiping out roughly half of the … Continue reading

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Philstocks Daily Report for Thursday, 24 September 2015

September 24, 2015 HIGHLIGHTS: Philippine imports rise 17% in July to US$5.5bn; ytd unchanged MPI’s toll unit buys a 45% stake in CII B&R, an infra firm in Vietnam AP takes PhP10bn loan for the construction of new hydro power … Continue reading

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Philstocks Financial, Inc. Daily Highlight, September 24, 2015

MARKET RECAP & OUTLOOK: THE PSEI ERASED TWO-THIRDS of the previous week’s gains trapped in the cycle of pessimism that have engulfed global markets since the rout in Chinese equities and the recent US Fed’s decision to keep rates at … Continue reading

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Philstocks Daily Report for Wednesday, 23 September 2015

September 23, 2015 HIGHLIGHTS: The ADB trims the Philippines’ GDP growth for 2015 CEB and Tigerair cleared for strategic alliance GERI reports strong sales at Holland Park project DMC completes sale of stake in TPLEX concession VITA to exit rehabilitation … Continue reading

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Philstocks Financial, Inc. Daily Highlight, September 23, 2015

MARKET RECAP & OUTLOOK: THE MARKET TANKED FOR A SECOND STRAIGHT DAY with investors seemingly still unable to fully grasp the implications of the US Fed’s “no-action” on interest rates Thursday last week. Amid lingering fears over China and amid … Continue reading

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Philstocks Financial Daily Report for Tuesday, 22 September 2015

September 22, 2015 HIGHLIGHTS: Philippines’ balance of payments in 2Q15 more than doubles SCC receives approval to resume mining operations from DOE AP enters into geothermal deal with Indonesian firm FLI looks to triple total leasable area by 2019  

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Philstocks Financial, Inc. Daily Highlight, September 22, 2015

MARKET RECAP & OUTLOOK: IT IS ALL ABOUT SUSTAINABILITY. Following last week’s 5-day advance it would’ve been fair to expect a spillover, if not excitement from investors to push the measure back into positive territory. As it turned out however, … Continue reading

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Philstocks Financial, Inc. Weekly Highlight, September 21 to 24, 2015

OUTLOOK: Last week, the PSEI completed a five-day, full-week run-up paring the -16.44% losses off the historic April close to “only” 12.44%. Note however that this equals the maximum percentage upside the market has reached so far this year. We … Continue reading

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