Author Archives: research

About research

Philstocks.ph™ is the online trading division of Accord Capital Equities Corporation (ACEC). In line with its mission to develop the latest innovations and technologies for efficient trade executions of clients, Accord Capital has created the Philstocks.ph™ in 2006 to become an effective online trading platform. In retrospect, not all brokerage houses have an online trading platform. In fact, there are only 10 PSE-recognized online trading facilities to date. This makes Philstocks.ph™ a member of an elite club of online trading participants.

Daily Notes: February 27, 2017

Posted on February 24, 2017 by research

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

Posted on February 24, 2017 by research

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

Posted on February 24, 2017 by research

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

Posted on February 23, 2017 by research

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

Posted on February 22, 2017 by research

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

Posted on February 22, 2017 by research

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

Posted on February 22, 2017 by research

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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Daily Notes: February 21, 2017

Posted on February 21, 2017 by research

Market Summary Local market climbed higher amidst increasing expectation of BSP raising benchmark corridor interest rate in March. Local advanced together with its East and Southeast Asian regional peers. All local counters ended in positive territory. Number of declining issues … Continue reading →

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Market Daily for Monday, 20 February 2017

Posted on February 20, 2017 by research

HIGHLIGHTS: Foreign portfolio investments net inflows hits US$301m in January 2017, reversing net outflows RCB 2016 net income down 25% to PhP3.9bn on BSP fine MEG to open two office towers in Iloilo Full Research_February 20, 2017  

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Daily Notes: February 20, 2017

Posted on February 20, 2017 by research

Market Summary   For the full research, kindly go here:  

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