Daily Archives: August 15, 2016

Bird Watch, August 15, 2016

Posted on August 15, 2016 by research

PSEi Composite Index PSEi ended the week on below the psychological level of 8,000 points, and declined a meager 14.49 points or about 0.18% week-on-week. The previous week’s trading session were mired with events that exposed the index to political, … Continue reading →

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Daily Notes, August 15, 2016

Posted on August 15, 2016 by research

MARKET SUMMARY The PSEi went down by 25.49 points or 0.32% with a net foreign selling of 73K. The broader All shares index fell 19.59 points or 0.41%. Most sectors ended negative except for Services with 36.92 points or 2.38%. … Continue reading →

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Market Daily for Monday, 15 August 2016

Posted on August 15, 2016 by research

HIGHLIGHTS: Foreign portfolio investment net inflows hit US$1.1bn in July, up 143% y-o-y LTG 1H16 net income up 28% to PhP4.6bn on revenue gains, trading at discount JGS 1H16 net income up 31% to PhP17.5bn on CEB and petrochems; above … Continue reading →

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Philstocks initiates coverage on 8990 Holdings, Inc. ($HOUSE): targets P10.50

Posted on August 15, 2016 by research

Highlights: $HOUSE’s earnings is expected to grow by an average of 20.0% in the next three years. This makes $HOUSE the fastest growing home builder in the Philippines. $HOUSE has created a virtuous cycle in housing finance by providing banks … Continue reading →

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