Daily Archives: August 19, 2016

Daily Notes, August 19, 2016

Posted on August 19, 2016 by research

Market Summary The PSEi went up slightly by 6.62 points or 0.08% with a net foreign selling of 531K. Thebroader All shares index increased 10.47 points or 0.22%. Mining and Oil sector has thebiggest gain of 225.48 point or 2.23%. … Continue reading →

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Bird Watch, August 17, 2016

Posted on August 19, 2016 by research

PSEi Composite Index PSEi Index is still consolidating, as prices coil into a potential pennant or symmetrical triangle pattern. The index muted rally persisted despite the release of a positive 2nd quarter GDP growth. The latest minutes of the FED, considered … Continue reading →

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ECONOMIC UPDATE: 2Q16 NATIONAL ACCOUNTS

Posted on August 19, 2016 by research

GDP growth of 7.0% higher-than-expected on strong investments and robust consumer spending; Y-t-d average of 6.9% inline to meet official target of 6-7% range. Higher gov’t infra spending to drive future growth 2Q16 National Accounts

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