Monthly Archives: June 2016

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

MARKET SUMMARY The local market ended strong yesterday boosted by the year’s first IPO, Golden Haven Memorial Park, Inc. as well as recovery in foreign markets from the effects of the Brexit. The first day success of the HVN IPO … Continue reading

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Market Daily for Thursday, 30 June 2016

HIGHLIGHTS: NEDA expects 2Q16 GDP to be close to 6.9% on consumer and election spending I partners with three ALI subsidiaries as remittance partner DMPL reports FY2016 net income of US$19.8m, reversing a 2015 loss HOUSE taps MWIDE as contractor … Continue reading

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

MARKET SUMMARY The PSEi takes a step back, losing 49.21 points or 0.64% yesterday to settle at 7666.69. The broader All shares index dropped 20.67 points or 0.45%. All sub-indices ended with losses yesterday. The sub-index which lost most was … Continue reading

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Philstocks Financial, Inc. Bird Watch, June 29, 2016

PSEi Composite Index PSEi is still trending upward and showing strength amidst the ongoing international concern on the financial and political impact of the British Exit. International markets displayed calmness after days of debacle. Almost two month old mini uptrend … Continue reading

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

MARKET SUMMARY The PSEi recovered yesterday as investors digest the implications of the UK’s exit from the European Union has minimal impact on the local market. The UK is not a top importer of our local goods and remittances from … Continue reading

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Market Daily for Tuesday. 28 June 2016

HIGHLIGHTS: Philippine imports accelerate to 29% in April to US$6.5bn CAL forms partnership with Pessl of Austria for new farming technology COSCO hikes 2016 capex to PhP7.2bn for LPG, grocery, and retail units   Full Research_June 28, 2016  

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

MARKET SUMMARY Local and global stocks tumble, a sharp reaction after the Referendum of the UK’s membership of the EU results show a 51.9% to 48.1% in favor of Leaving the European Union. Although our listed companies have limited exposure … Continue reading

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Philstocks Financial, Inc. Bird Watch, June 27, 2016

PSEi Composite Index PSEi suffered losses for the last 3 trading days as of last week, though it registered a weekly gain of 0.10%. Market performance was affected by overseas concern on a more certain British Exit from the European … Continue reading

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Philstocks Financial, Inc. Bird Watch, June 24, 2016

PSEi Composite Index PSEi corrected a little bit for the last two days. Overall MACD is currently still bullish, momentum is present albeit weak. One month old mini-uptrend line is still intact and alive. Reiterate that one should be alert … Continue reading

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Philstocks Financial, Inc. Daily Notes, June 24, 2016

MARKET SUMMARY Local stocks dip as investors take profit ahead of the results of the UK referendum. The local barometer, PSEi dropped 26.59 points or 0.34% but still sitting atop the 7700 level. The broader All shares index declined 4.70 … Continue reading

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