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.

Technical Guide, November 21, 2016

Posted on November 21, 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 21, 2016

Posted on November 18, 2016 by research

Market Summary The PSEi went up a little by 17.61 points or 0.25% with a net foreign selling of 868M. The broader All shares index increased by 11.88 points or 0.28%. All sectors ended positive except for Property sector and … Continue reading →

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Economic Update: 3Q16 National Accounts

Posted on November 18, 2016 by research

3Q16 GDP growth +7.1% vs. +6.2% Output accelerates from 6.2% last year and 7.1% in 2Q16, faster than 6.7% expectation; growth driven by manufacturing, service, recovering agri sectors; household consumption remains solid as investments continue to surge; trade growth declining … Continue reading →

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Daily Notes: November 18, 2016

Posted on November 17, 2016 by research

Market Summary The PSEi went up by 83.84 points or 1.20% with a net foreign buying of 63M. The broader All shares index decreased by 30.95 points or 0.73%. All sectors ended positive, Property sector and Industrial sector had the … Continue reading →

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Company Update: JOLLIBEE FOODS CORP. (JFC) 9M16 results

Posted on November 17, 2016 by research

Company Update: JOLLIBEE FOODS CORP. (JFC) 9M16 results 9M16 net income up 10% y-o-y to PhP4.4bn from revenues of PhP82.bn, up 13% y-o-y on higher domestic and international sales; Same store sales growth up 14% but international by 6.5% on … Continue reading →

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Daily Notes: November 17, 2016

Posted on November 16, 2016 by research

Market Summary Trump’s rhetorics on illegal immigrants and protectionism will likely affect the country’s OFW remittances and BPO revenues. These are sentiments that we need to live with as the market adjusts to the new norm. It is interesting to … Continue reading →

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Philstocks ACTS: November 16, 2016

Posted on November 16, 2016 by research

PSEi Composite Index Technical picture of the index has not improved even a little bit, and in fact it has deteriorated further by plunging and over extending below the lower limits of the downtrend channel. Possible reprieve in sight, but … Continue reading →

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Company Update: BLOOMBERRY RESORTS CORP. (BLOOM) 9M16 results

Posted on November 15, 2016 by research

9M16 net income of PhP1.6bn reversed a net loss from last year on record GGR of PhP28bn, up 14% y-o-y; VIP, mass tables and slots posted gains despite dip in hold rates. Non-gaming revenues of PhP1.7bn were up 24% y-o-y … Continue reading →

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Daily Notes: November 15, 2016

Posted on November 15, 2016 by research

Market Summary The PSEi went down by 103.61 points or 1.49% with a net foreign selling of 1.69B. The broader All shares index decreased by 49.29 points or 1.17%. All sectors ended negative, Services sector and Property sector had the … Continue reading →

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Technical Guide, November 14, 2016

Posted on November 14, 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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