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Daily Archives: February 14, 2017
Daily Notes: February 15, 2017
Market Summary Local market painted itself red for Valentine’s Day, with all local counters in the red. Declining issues overshadowed advancing issues with ratio of one is to one. Market still suffered Net Foreign Selling amounting to Php 590 Million. … Continue reading
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Company Update: Cemex Holdings Phils., Inc. (CHP)
Price: P9.90 Rating: Long-term buy 2016 net income PhP1.9bn down from 2015 on sales of PhP25.4bn, up 2%; Low infra activity and poor weather negatively impacted sales volume in 2H16 while US$ debt exposure ate into earnings; Recent selloff brought … Continue reading
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Daily Notes: February 14, 2017
Market Summary Local market followed its Asian regional peers higher, ending the day almost a percent better than last week. Despite the rosy advance, market breadth remained weak as declining issues outpaced advancing issues. Net Foreign Transaction still registering a … Continue reading
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