Daily Archives: October 25, 2016

Daily Notes: October 25, 2016

Posted on October 25, 2016 by research

Market Summary The PSEi went down by 40.91 points or 0.53% with net foreign selling of 108M. The broader All shares index decreased by 19.16 points or 0.42%. All sectors ended negative except for Property sector and Industrial sector with … Continue reading →

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Company Update: Manila Electric Co. (MER) 9-month results

Posted on October 25, 2016 by research

9M19 core net income down 5.2% y-o-y to PhP15.0bn on revenues of PhP189.1bn, down 1.2% y-o-y, due to lower electricity rates. Energy sales up 9% y-o-y. Power generation efforts on track and will contribute significantly from 2019; MER still facing … Continue reading →

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