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.

Market Daily for Wednesday, 3 August 2016

Posted on August 3, 2016 by research

HIGHLIGHTS: TEL reports 1H16 core net income of PhP17.7bn, down 6% on costs DNL 1H16 net income up 17% to PhP1.3bn PNX 1H16 net income rises 33% to PhP538m on higher fuel sales PSB 1H16 net income up to PhP1.2bn … Continue reading →

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Daily Notes, August 2, 2016

Posted on August 2, 2016 by research

MARKET SUMMARY PSEi just touched the 20 SMA and then bounced back above 8,000 level yesterday therefore today might be a confirmation if it will continue to go up and will have a new high. Our local market ended with … Continue reading →

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Bird Watch, August 1, 2016

Posted on August 1, 2016 by research

PSEi Composite Index Profit taking action continues further ahead of release of 2nd Quarterly and 1st Half Earnings report of listed companies. PSEi dipped 0.78% or about 62.24 points based on week-on-week performance and is below the key 8000 points … Continue reading →

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Market Daily for Monday, 1 August 2016

Posted on August 1, 2016 by research

HIGHLIGHTS: Outstanding loans of commercial banks expands 17.6% in June Money supply grows at slower rate of 12.4% in June BPI 1H16 net income up 35.6% to PhP12.7bn, ahead of estimates MPI buys Marikina Valley hospital for PhP993m CEB to … Continue reading →

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Daily Notes, July 29, 2016

Posted on July 29, 2016 by research

MARKET SUMMARY PSEi is still trying to hold above 8,000 points and ghost month is few weeks. Our local market ended with a fourth consecutive net foreign buying yesterday of 858M and a total volume with 2.2B. The broader All … Continue reading →

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Bird Watch, July 29, 2016

Posted on July 29, 2016 by research

PSEi Composite Index PSEi might end the week in a consolidation as it works it way out of the overbought levels as indicated by the RSI. Profit taking action is probably still taking place as indicated by the crossing of … Continue reading →

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Market Daily for Friday, 29 July 2016

Posted on July 29, 2016 by research

HIGHLIGHTS: AEV 1H16 consolidated net income up 34% to PhP10.5bn, inline with expectations HLCM 1H16 net income up 21% to PhP3.7bn on strong demand in 2Q16 PX core net income up 49% to PhP774m on higher gold prices, cost cutting … Continue reading →

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Daily Notes, July 28, 2016

Posted on July 28, 2016 by research

MARKET SUMMARY PSEi might break above its all time high of 8,136.97 points. Who knows? We might go for 9,000 or even 10,000, with all of the great projects lined up ahead of some big corporations and their confidence towards … Continue reading →

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Market Daily for Thursday, 28 July 2016

Posted on July 28, 2016 by research

HIGHLIGHTS: Philippine import growth accelerates for fourth straight month on domestic demand CEB passenger volume growth up 9% to 10m in 1H16, inline to meet 2016 target PXP 1H16 net loss shrinks to PhP21.8m on lower expenses PPC 1H16 net … Continue reading →

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Bird Watch, July 27, 2016

Posted on July 27, 2016 by research

PSEi Composite Index PSEi is reeling from the overbought levels as indicated by the RSI. MACD indicator seems to indicate profit taking action taking place as price movements are a bit tight and muted. Index level has reached the upper … Continue reading →

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