Monthly Archives: July 2016

Daily Notes, July 29, 2016

Posted on July 29, 2016 by research

MARKET SUMMARY PSEi is still trying to hold above 8,000 points and ghost month is few weeks. Our local market ended with a fourth consecutive net foreign buying yesterday of 858M and a total volume with 2.2B. The broader All … Continue reading →

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Bird Watch, July 29, 2016

Posted on July 29, 2016 by research

PSEi Composite Index PSEi might end the week in a consolidation as it works it way out of the overbought levels as indicated by the RSI. Profit taking action is probably still taking place as indicated by the crossing of … Continue reading →

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Market Daily for Friday, 29 July 2016

Posted on July 29, 2016 by research

HIGHLIGHTS: AEV 1H16 consolidated net income up 34% to PhP10.5bn, inline with expectations HLCM 1H16 net income up 21% to PhP3.7bn on strong demand in 2Q16 PX core net income up 49% to PhP774m on higher gold prices, cost cutting … Continue reading →

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Daily Notes, July 28, 2016

Posted on July 28, 2016 by research

MARKET SUMMARY PSEi might break above its all time high of 8,136.97 points. Who knows? We might go for 9,000 or even 10,000, with all of the great projects lined up ahead of some big corporations and their confidence towards … Continue reading →

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Market Daily for Thursday, 28 July 2016

Posted on July 28, 2016 by research

HIGHLIGHTS: Philippine import growth accelerates for fourth straight month on domestic demand CEB passenger volume growth up 9% to 10m in 1H16, inline to meet 2016 target PXP 1H16 net loss shrinks to PhP21.8m on lower expenses PPC 1H16 net … Continue reading →

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Bird Watch, July 27, 2016

Posted on July 27, 2016 by research

PSEi Composite Index PSEi is reeling from the overbought levels as indicated by the RSI. MACD indicator seems to indicate profit taking action taking place as price movements are a bit tight and muted. Index level has reached the upper … Continue reading →

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Daily Notes, July 27, 2016

Posted on July 27, 2016 by research

MARKET SUMMARY PSEi is still holding above 8000 level with a positive outlook ahead of the Duterte administration after his SONA last Monday. Our local market ended twice the net foreign buying yesterday of 633M with 1.22B. Total volume was … Continue reading →

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Daily Notes, July 26, 2016

Posted on July 26, 2016 by research

MARKET SUMMARY PSEi was looking forward to a positive first SONA of President Duterte in the afternoon. Today we might see a continuation of the bullish sentiment of investors. Our local market ended with a net foreign buying of 633M. … Continue reading →

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Daily Notes, July 25, 2016

Posted on July 25, 2016 by research

MARKET SUMMARY The PSEi grabbed its fifth consecutive bullish day yesterday holding above the 7800 level support and 8000 level resistance with a gain of 0.15% or 12.12 points. The All shares index increased 0.17% or 7.95 points. Services sector … Continue reading →

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Daily Notes, July 25, 2016

Posted on July 25, 2016 by research

PSEi Composite Index PSEi ended the previous trading week with a slightly weaker weekly close of about -4.71 points or about -0.06%. Looking at the chart on the weekly view, a Doji has formed. The succeeding trading weeks will determine whether the Doji will … Continue reading →

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