Daily Archives: August 3, 2016

Daily Notes, August 3, 2016

MARKET SUMMARY PSEi should hold 7,800 – 7,900 level or it might go back to the gap up last July 11, 2016 of 7,830.50 coming from 7,774.39. Our local market ended its fourth consecutive net foreign buying last Friday with … Continue reading

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Bird Watch, August 3, 2016

PSEi Composite Index Profit taking action still in effect, ahead of the release of 2nd Quarterly and 1st Half Earnings report of listed companies. PSEi is consolidating in a tight trading range for a number of days, and may potentially … Continue reading

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Market Daily for Wednesday, 3 August 2016

HIGHLIGHTS: TEL reports 1H16 core net income of PhP17.7bn, down 6% on costs DNL 1H16 net income up 17% to PhP1.3bn PNX 1H16 net income rises 33% to PhP538m on higher fuel sales PSB 1H16 net income up to PhP1.2bn … Continue reading

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