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.

Philstocks Financial, Inc. Daily Notes, June 28, 2016

MARKET SUMMARY The PSEi recovered yesterday as investors digest the implications of the UK’s exit from the European Union has minimal impact on the local market. The UK is not a top importer of our local goods and remittances from … Continue reading

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Market Daily for Tuesday. 28 June 2016

HIGHLIGHTS: Philippine imports accelerate to 29% in April to US$6.5bn CAL forms partnership with Pessl of Austria for new farming technology COSCO hikes 2016 capex to PhP7.2bn for LPG, grocery, and retail units   Full Research_June 28, 2016  

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Philstocks Financial, Inc. Daily Notes, June 27, 2016

MARKET SUMMARY Local and global stocks tumble, a sharp reaction after the Referendum of the UK’s membership of the EU results show a 51.9% to 48.1% in favor of Leaving the European Union. Although our listed companies have limited exposure … Continue reading

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Philstocks Financial, Inc. Bird Watch, June 27, 2016

PSEi Composite Index PSEi suffered losses for the last 3 trading days as of last week, though it registered a weekly gain of 0.10%. Market performance was affected by overseas concern on a more certain British Exit from the European … Continue reading

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Philstocks Financial, Inc. Bird Watch, June 24, 2016

PSEi Composite Index PSEi corrected a little bit for the last two days. Overall MACD is currently still bullish, momentum is present albeit weak. One month old mini-uptrend line is still intact and alive. Reiterate that one should be alert … Continue reading

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Philstocks Financial, Inc. Daily Notes, June 24, 2016

MARKET SUMMARY Local stocks dip as investors take profit ahead of the results of the UK referendum. The local barometer, PSEi dropped 26.59 points or 0.34% but still sitting atop the 7700 level. The broader All shares index declined 4.70 … Continue reading

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Philstocks Financial, Inc. Daily Notes, June 23, 2016

MARKET SUMMARY The PSEi continues to extend gains above the 7700 level to 7767.23. The local bourse ended with a 101.9 point gain or 1.33%. All counters ended with gains yesterday except for the Mining and Oil sector. The Mining … Continue reading

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Market Daily for Thursday, 23 June 2016

HIGHLIGHTS: Philippine tourism sector expands to 8.2% of GDP in 2015 from 7.5% in 2014 LTG to spend 70% of PhP10bn capex on property business SMC’s Global Power confirms sale of PhP15bn worth of long-term bonds Full Research_June 23, 2016 … Continue reading

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Philstocks Financial, Inc. Daily Notes, June 22, 2016

MARKET SUMMARY The PSEi continues to extend gains above the 7700 level to 7767.23. The local bourse ended with a 101.9 point gain or 1.33%. All counters ended with gains yesterday except for the Mining and Oil sector. The Mining … Continue reading

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Philstocks Financial, Inc. Bird Watch, June 22, 2016

PSEi Composite Index PSEi managed to show further strength. To reiterate: “MACD, on an overall note, is stillbullish despite weak momentum. One month old uptrend still intact; however, there’s anindication that the uptrend line might be tested again and may … Continue reading

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