Monthly Archives: May 2017

The Fine Print THE EAGLE SOARED but failed to reach“thirst” of investors. Getting off the ground at p16.00, it rose by no more than 7.5% [p16.12],characteristic of more recent IPO performances. IPO Performance: EAGLE’s Day One performance is ahead only … Continue reading →

The Fine Print OPEC and martial law were the most prominent news that came out of last week’s cycle. Neither pushed or pulled the market in the anticipated direction magnitude of the moves, even, or the lack of it to … Continue reading →

The Fine Print Two days in after the entire Mindanao was placed under military rule, investors have remained largely “unaffected.” The benchmark PSEI stayed flat through the morning session with aggregate prices keeping to a narrow range. Details of the … Continue reading →

The Fine Print THE PSEI started slow and low but finished morning trades flat (+4.6 points, 7816.74) as concerns over the events in Marawi that led to the imposition of martial law in Mindanao had investors second-guessing the sustainability of … Continue reading →

The Fine Print SHARE PRICES MANAGED TO SUSTAIN ITS ASCENT even as most of the day’s gains were wiped out with investors opting to ease on the pedal approaching the close. The 30-company benchmark added 5.57 points or 0.07% as … Continue reading →

The Fine Print GDP WAS THE WEEK’S BIGGEST STORY and equally so, became the period’s huge disappointment. Understandably, the 6.4% pace was way behind the 7.0% our top economic managers trumpeted days, weeks and even a month prior to the … Continue reading →

Market Summary SHARE PRICES advanced in morning trades on sustained foreign buying as investors positioned ahead to tomorrow’s release of 1Q GDP. Afternoon trades were nearly flat albeit the pace of value flows picked up a bit from the tepid … Continue reading →

Market Summary The main share index jumped off the opening bell as sentiments turned bullish pulled by a record by the S&P500 and a recovery in oil prices. The positive momentum dissipated somewhat as the day progressed with the Index … Continue reading →

Market Summary PSEI ends session toting losses of more than 100 points. Industrial stocks and conglomerates carried much of the weight declining by at least 1.5%. The sell-off took no prisoners, with all other sectors were ending the day in … Continue reading →