Monthly Archives: February 2017

Daily Notes: March 1, 2017

Market Summary Market settled 0.28% lower for today, but it has recovered earlier steep losses that reached 80.02 or almost 1.11%. Regional Asian markets have mix closes for the day. Market Breadth remains weak with almost 2 decliners for every … Continue reading

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Daily Notes: February 28, 2017

Market Summary Market had another weak finish today, extending loses since Thursday last week. Most Asian regional bourses also had weak closing prices in anticipation of potential market moving events such as Trump’s State of the Union address, FED chairwoman’s … Continue reading

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Market Daily for Monday, 27 February 2017

HIGHLIGHTS: Approved foreign investments in 4Q16 down 9% to PhP125.7bn BDO 2016 net income up 4% to PhP26.1bn on interest and fee income PSB net income increase 4% to PhP2.4bn Full Research_February 27, 2017  

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Daily Notes: February 27, 2017

Market Summary Market ended the day on a sour note by shedding more than 1%, but on the bright side the market advanced slightly higher by 0.20% or by about 14.20 week-on-week. Market weakness for the day mimicked the weakness … Continue reading

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Market Daily for Friday, 24 February 2017

HIGHLIGHTS: Business confidence index dips slightly to 39.4% in 1Q17 from 39.8% in 4Q16 MWC reports flat income growth of 2% in 2016 AC to invest in online seller Zalora Philippines Full Research_February 24, 2017  

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Daily Notes: February 24, 2017

Market Summary Market ended higher for 4th day, collectively gaining 90.77 points for the week. Advancing issues outweighed the number of declining issues for the first time after a few trading sessions of weak market breadth. Most local indices rallied … Continue reading

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Daily Notes: February 23, 2017

Market Summary Market rallied for the 3rd straight day and all local counters headed for the same direction. The positive closes of local indices however cannot hide the fact that there are concerns of lingering market weakness. Market breath was … Continue reading

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Company Update: SM Prime Holdings, Inc. (SMPH) 2016 Results

Price: P29.95 Rating: Hold 2016 net income up 14% to PhP23.8bn, within expectation, on revenues of PhP79.8bn, up 12% last year. Rental revenues up 10% as more malls opened; same-store growth at 7%. Residential revs up 13%, offices up by … Continue reading

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Philstocks ACTS: February 22, 2017

PSEi Composite Index On the technical view, the prevalence of an overhead resistance is probably hampering the upward movement of the index and has movement confined within a trading range. RSI indicator is giving a worry some view on the … Continue reading

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Daily Notes: February 22, 2017

Market Summary Main market barometer ended the day with a meager gain of about 0.02%. Market Breadth still negative, as the number of advancing issues is continually being overshadowed by the number declining issues. Most local counters are up except … Continue reading

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