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: October 21, 2016

Posted on October 21, 2016 by research

Market Summary The PSEi went down a little by 8.25 points or 0.11% with net foreign buying of 418M. The broader All shares index increased by 75.52 points or 1.69%. All sectors ended positive except for Holding Firms sector together … Continue reading →

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Market Daily for Friday, 21 October 2016

Posted on October 21, 2016 by research

HIGHLIGHTS: Foreign portfolio investment net outflows surge to US$807m in September Duterte’s China state visit may haul up to PhP650bn worth of deals GLO approves extra US$300m capex for 2016 for network upgrades BHI September sales fall 32% y-o-y; June-Sept. … Continue reading →

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Daily Notes: October 20, 2016

Posted on October 20, 2016 by research

Market Summary The PSEi went up by 150.42 points or 1.99% with net foreign buying of 1.06B. The broader All shares index increased by 74.11 points or 1.66%. All sectors ended positive, Property sector and Financials sector had the biggest … Continue reading →

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Daily Notes: October 19, 2016

Posted on October 19, 2016 by research

Market Summary The PSEi went up by 212.94 points or 2.89% with the 10th consecutive net foreign selling of 107M. The broader All shares index increased by 92.81 points or 2.12%. All sectors ended positive, Property sector and Holding Firms … Continue reading →

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Philstocks ACTS: October 19, 2016

Posted on October 19, 2016 by research

PSEi Composite Index Our main index surged 212.94 points after days of weakness, sort of a technical rally. Index found support from its 200 Simple Moving Average line at 7359.75. Technical rallies were seen in most if not all of … Continue reading →

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Market Daily for Wednesday, 19 October 2016

Posted on October 19, 2016 by research

HIGHLIGHTS: Remittances from overseas Filipinos spike up by 16% in August Prices of residential units rise by 11% in 2Q16; condo prices dip RFM 9M16 net income up 9% y-o-y to PhP683m MARC in talks with potential Chinese partners for … Continue reading →

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Daily Notes: October 18, 2016

Posted on October 18, 2016 by research

Market Summary The PSEi went down by 31.09 points or 0.42% with the 9th consecutive net foreign selling of 448M. The broader All shares index decreased by 35.12 points or 0.80%. All sectors ended negative except for Mining and Oil … Continue reading →

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Technical Guide, October 17, 2016

Posted on October 17, 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: October 17, 2016

Posted on October 17, 2016 by research

Market Summary The PSEi went up by 77.12 points or 1.05% with the 8th consecutive net foreign selling of 418M. The broader All shares index increased by 33.09 points or 0.76%. All sectors ended  positive, Mining and Oil sector and … Continue reading →

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Philstocks initiates coverage of Harbor Star Shipping Services ($TUGS): targets P5.50

Posted on October 17, 2016 by research

Highlights: 1. $TUGS is the only listed marine services provider in the country with 14 base ports including the Manila International Terminal, Inc. (MICT) which handles 65.0% of all cargoes passing through Manila. 2. $TUGS managed its finances well allowing … Continue reading →

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