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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. Bird Watch, May 30, 2016

Posted on May 30, 2016 by research

PSEi Composite Index It is interesting to note that a potential divergence is spotted on the MACD indicator measuring the performance of the PSEi index. Index is making a higher high while MACD indicator as a whole is not making … Continue reading →

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Philstocks Financial, Inc. Daily Notes, May 30, 2016

Posted on May 30, 2016 by research

MARKET SUMMARY The PSEi moves up 35.3 points or 0.48% last Friday to close slightly above the 7400 level at 7411.68. The broader All shares index as well improved 18.33 points or 0.42%. Counters ended with gains last Friday except … Continue reading →

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

Posted on May 27, 2016 by research

MARKET SUMMARY The local bellwether, the PSEi, failed to continue its three-day rally falling 87.57 points or 1.17% yesterday. Bulk of the decline came from Business Tycoon John Gokongwei Jr.’s conglomerate, (JGS) pulling down the index by 54.16 out of … Continue reading →

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Philstocks Financial, Inc. Daily Notes, May 26, 2016

Posted on May 26, 2016 by research

MARKET SUMMARY The local bourse jumped 107.23 points or 1.46% to close at 7463.95, 7.36% up year-to-date. The broader All shares index grew 45.2 points or 1.02%. All counters ended with gains except for the Mining and Oil sector which … Continue reading →

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ECONOMIC UPDATE: MARCH 2016 IMPORTS

Posted on May 26, 2016 by research

March 2016 Trade balance ECONOMIC UPDATE: MARCH BALANCE OF TRADE Philippines’ trade deficit in March deepened six-fold y-o-y to US$1.75bn as falling exports offset the steady rise in imports; imports grew 12% to US$6.4bn on electronics, machinery, equipment, iron and … Continue reading →

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Philstocks Financial, Inc. Daily Notes, May 25, 2016

Posted on May 25, 2016 by research

MARKET SUMMARY The local bourse was up yesterday 50.03 points or 0.68% to close at 7356.72. The broader All shares index was also up yesterday with 18.95 points or 0.43%. Counters ended mixed yesterday but most ending with gains. The … Continue reading →

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COMPANY UPDATE: 8990 HOLDINGS, INC. (HOUSE) 1Q16 Results

Posted on May 25, 2016 by research

HOUSE 1Q16 Results COMPANY UPDATE: 8990 HOLDINGS, INC. (HOUSE) 1Q16 Results PRICE: P7.70 1Q16 net income up 10% to P1.0bn on real estate sales, sustained demand for units, healthy balance sheet, expanding landbank; price trading at 10x PER.

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

Posted on May 24, 2016 by research

MARKET SUMMARY The local bourse was able to inch up 7.66 points yesterday or 0.10% from the previous session. The broader All shares index was also able to inch up a few points, 7.18 or 0.16%, to settle at 4393.16. … Continue reading →

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Stock on Focus May 13, 2016

Posted on May 24, 2016 by research

Stocks on Focus: 1. Universal Robina Corporation (URC) 2. Xurpas Inc. (X) 3. Integrated Micro-Electronics, Inc. (IMI) For the full report, click here Stock Picks_May 13, 2016 Sources: Bloomberg, Company website of URC, X, and IMI, and PSE Edge  

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COMPANY UPDATE: STA. LUCIA LAND INC. (SLI) 1Q16 Results

Posted on May 24, 2016 by research

SLI 1Q16 Results COMPANY UPDATE: STA. LUCIA LAND INC. (SLI) 1Q16 Results PRICE: P0.90 RATING: BUY 1Q16 net income dips 17% to P189m on lower real estate sales but margins manage to hold; to expand further in fast growing Central … Continue reading →

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