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, July 27, 2016

Posted on July 27, 2016 by research

MARKET SUMMARY PSEi is still holding above 8000 level with a positive outlook ahead of the Duterte administration after his SONA last Monday. Our local market ended twice the net foreign buying yesterday of 633M with 1.22B. Total volume was … Continue reading →

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Daily Notes, July 26, 2016

Posted on July 26, 2016 by research

MARKET SUMMARY PSEi was looking forward to a positive first SONA of President Duterte in the afternoon. Today we might see a continuation of the bullish sentiment of investors. Our local market ended with a net foreign buying of 633M. … Continue reading →

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Daily Notes, July 25, 2016

Posted on July 25, 2016 by research

MARKET SUMMARY The PSEi grabbed its fifth consecutive bullish day yesterday holding above the 7800 level support and 8000 level resistance with a gain of 0.15% or 12.12 points. The All shares index increased 0.17% or 7.95 points. Services sector … Continue reading →

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Daily Notes, July 25, 2016

Posted on July 25, 2016 by research

PSEi Composite Index PSEi ended the previous trading week with a slightly weaker weekly close of about -4.71 points or about -0.06%. Looking at the chart on the weekly view, a Doji has formed. The succeeding trading weeks will determine whether the Doji will … Continue reading →

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Market Daily for Monday, 25 July 2016

Posted on July 25, 2016 by research

HIGHLIGHTS: 2Q16 headline inflation up to 1.5%; BSP sees no need for rate adjustment CPG to invest between PhP7-10bn for affordable housing projects JFC to expand in Europe next year SEVN expects net income growth of 30% this year GLO … Continue reading →

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Daily Notes, July 22, 2016

Posted on July 22, 2016 by research

MARKET SUMMARY PSEi continues to advance and set new record high for this year. Currently, the index is shy of 34.67 points from its all-time intraday high of 8136.97. PSEi is also just a little short of 25.18 points from … Continue reading →

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Bird Watch, July 22, 2016

Posted on July 22, 2016 by research

PSEi Composite Index PSEi continues to rally as it exhibits its strength. PSEi is just short of 34.67 points from itsall time intra-day high, and also a little shy of 25.18 points from setting a new all-time record high close. … Continue reading →

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Philstocks initiates coverage of Global Ferronickel Nickel Holdings, Inc. (FNI): targets P1.74 (Buy)

Posted on July 22, 2016 by research

Highlights: FNI’s earnings is expected to grow by 50.0% in the next three years. This makes FNI the fastest growing nickel mining play in the Philippines. FNI has ample operating leverage to take advantage of any price recovery in nickel. … Continue reading →

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Daily Notes, July 21, 2016

Posted on July 21, 2016 by research

MARKET SUMMARY PSEi ended the trading session with another spectacular finish. PSEi was able to retrace all the losses it garnered during most of the trading day, and established a new high for the year. Majority of the counters were … Continue reading →

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Market Daily for Thursday, 21 July 2016

Posted on July 21, 2016 by research

HIGHLIGHTS: Philippine BPO industry to thrive as companies continue to invest CIC 1H16 net income jumps 40% to PhP516m on strong demand PXP requests DOE for guidance in Reed Bank ALI’s unit constructing 3rd condo project in Circuit Makati BLOOM, … Continue reading →

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