Monthly Archives: April 2016

Philstocks Financial, Inc. Daily Notes, April 29, 2016

MARKET SUMMARY The local bourse, the Philippine Stock Exchange Index continues to decline, shaving off 17.97 points yesterday to 7162.56 to hit its lowest close for the month. The broader All shares index likewise decline, declining 53.58 points or 1.25%. … Continue reading

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Industry Update-Mining, Philex Mining (PX), Lepanto Consolidated (LC, LCB)

Industry Update-PX LC Mining Industry Update-Mining, Philex Mining (PX), Lepanto Consolidated (LC, LCB) Rising gold prices may sustain share price gains inPX, LC and LCB as expectations of low interest ratesand weak US economy boost gold’s appeal; globaldemand up with … Continue reading

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Philstocks Financial, Inc. Daily Notes, April 28, 2016

MARKET SUMMARY The local bourse, the PSEi ended with losses once again for the fourth straight session. The PSEi declined 31.39 points or 0.44% from the previous close to bring its year-to-date levels at only 3.29%. The broader All Shares … Continue reading

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Philstocks Financial, Inc. Daily Notes, April 27, 2016

MARKET SUMMARY The bellwether PSEi closed yesterday at 7211.92, a decline of 38.21 points or 0.53%. All shares index as well, ended with losses of 61.94 points or 1.41%. Almost all counters ended in the red, except for the Industrial … Continue reading

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Philstocks Financial, Inc. Daily Notes, April 26, 2016

MARKET SUMMARY The local bourse continues to seek direction, ending flat, a drop of just 5.26 points. Meanwhile, the broader All shares index rose 54.07 points or 1.25%. Only the Industrial and Services sector ended in the green, rising 0.48% … Continue reading

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Market Daily for Tuesday, 26 April 2016

April 26, 2016 HIGHLIGHTS: SBS agrees to sell its 3.4 hectare Las Pinas property to HOUSE FDC and FLI forms Filinvest Mimosa, Inc. to manage and operate Clark resort MER posts 1Q16 net income of PhP4.6bn, up 4% y-o-y and … Continue reading

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Philstocks Financial, Inc. Bird Watch, April 25, 2016

PSEi Composite Index PSEi index has been consolidating for the past 4 weeks. Uptrend line seems to be broken as the index tries to correct itself through time. Indecision is currently the prevailing tone of the market as proven by … Continue reading

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Philstocks Financial, Inc. Daily Notes, April 25, 2016

MARKET SUMMARY The PSEi ended flat last week as it continues to look for direction. The PSEi closed with only a 2.46 point decline or down by 0.03%. The local bourse’s week-on-week comparison shows only a -0.90% decline. The broader … Continue reading

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Philstocks Financial, Inc. Daily Notes, April 22, 2016

MARKET SUMMARY The PSEi has broken the four-day losing streak yesterday to close with gains of 56.48 points to settle at 7257.85. The broader All shares index increased 23.21 points or 0.54%. Almost all counters ended with gains, except for … Continue reading

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Philstocks Financial, Inc. Daily Notes, April 21, 2016

MARKET SUMMARY The PSEi dropped for the fourth day, breaching below the 7200 level but settled slightly above at 7201.37 as the market still tries to find direction. The broader All shares index dropped 6.02 points or 0.14%. Mining and … Continue reading

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