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: November 28, 2016

Posted on November 28, 2016 by research

Market Summary The PSEi went up by 16.47 points or 0.24% with a net foreign selling of 217M. The broader All shares index increased by 5.90 points or 0.14%. All sectors ended negative except for Property sector with 68.49 points … Continue reading →

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Technical Guide, November 28, 2016

Posted on November 28, 2016 by research

Be equipped with the right knowledge and become an informed and effective trader! We are glad to share this technical guide report exclusive only to our dear clients. This is part of our advocacy of providing continuing education to help … Continue reading →

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Daily Notes: November 25, 2016

Posted on November 25, 2016 by research

Market Summary The PSEi went up by 36.67 points or 0.54% with a net foreign selling of 948M. The broader All shares index increased by 21.54 points or 0.52%. All sectors ended positive except for Services sector which was down … Continue reading →

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Economic Update: Foreign Direct Investments (FDI)

Posted on November 24, 2016 by research

January-to-August FDIs grew 71% y-o-y to US$5.4bn on favorable macro outlook; PHL inflows the fastest growing in ASEAN-6 in 1H16, up 90% y-o-y; negative risks include increasing US protectionism, anti-Western threats by Duterte gov’t, low FDI share as destination. Economic … Continue reading →

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Daily Notes: November 24, 2016

Posted on November 24, 2016 by research

Market Summary The PSEi went up by 33.91 points or 0.50% with a net foreign selling of 1.07B. The broader All shares index increased by 10.94 points or 0.26%. Out of the six sectors, three sectors ended positive while the … Continue reading →

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Philstocks ACTS: November 23, 2016

Posted on November 23, 2016 by research

PSEi Composite Index Downtrend channel redrawn with a steeper angle in an attempt to better capture the drop in index points from mid-October to present. Death Cross officially occurred today, November 22, 2016. Our main barometer is down 2.15% YTD … Continue reading →

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Daily Notes: November 23, 2016

Posted on November 23, 2016 by research

Market Summary The PSEi made a big cut down by 176.33 points or 2.53% with a net foreign selling of 862M. The broader All shares index decreased by 84.46 points or 2.00%. All sectors ended negative except for Mining and … Continue reading →

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Philstocks initiates coverage of Global Ferronickel Nickel Holdings, Inc. ($FNI): targets P5.25 (Buy)

Posted on November 22, 2016 by research

Be equipped with the right knowledge and become an informed and effective trader! -FNI reported that 3Q16 earnings reached P288.1m improving on the losses of P191.0m incurred in 2Q16. This brings 9m16 earnings to P7.0m. For 2016, we downgrade our … Continue reading →

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Economic Update: Foreign portfolio investments

Posted on November 22, 2016 by research

October and year-to-date net flows in the positive thanks to strong  inflows in 2Q16; but a sharp acceleration of outflows in 3Q16, triggered by threats of a US Fed rate hike and anti-US pivot by the Philippines, may keep flows … Continue reading →

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Daily Notes: November 22, 2016

Posted on November 21, 2016 by research

Market Summary The PSEi dropped down by 88.67 points or 1.25% with a net foreign selling of 694M. The broader All shares index decreased by 31.66 points or 0.74%. All sectors ended negative, Property sector together with Mining and Oil … Continue reading →

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