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, May 5, 2016

Posted on May 5, 2016 by research

MARKET SUMMARY The PSEi bounced back with 35.29 points or 0.50% from its eighth straight day of loss. The broader All shares index rose 7.95 points or 0.19%. Decliners beat advancers 116 to 61 and, 53 issues ended unchanged. Most … Continue reading →

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Philstocks Financial, Inc. Daily Notes, May 4, 2016

Posted on May 4, 2016 by research

MARKET SUMMARY The PSEi continued its drop for the eighth straight day losing 7.31 points or 0.10% as the upcoming elections come closer. The PSEi’s year-to-date level is now trimmed down to 1.36%from 6.10% in March. The broader All shares … Continue reading →

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Philstocks Financial, Inc. Daily Notes, May 3, 2016

Posted on May 3, 2016 by research

MARKET SUMMARY Philippine stocks drop following a regional decline. The local bourse, PSEi,are dragged downwards to its seven week low. The PSEi broke the 7000 support level during the day hitting 6980.18, but trimmed down its losses to close at … Continue reading →

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Market Daily for Tuesday, 3 May 2016

Posted on May 3, 2016 by research

May 3, 2016 HIGHLIGHTS: SECB 1Q16 net income down 10.7% to PhP3.0bn on lower trading gains SMPH 1Q16 net income up 12% to PhP5.8bn, inline with expectations HLCM 1Q16 net income steady at PhP1.5bn; revenues up 17% on strong cement … Continue reading →

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Philstocks Financial, Inc. Bird Watch, May 2, 2016

Posted on May 2, 2016 by research

PSEi Composite Index PSEi index for the past six trading sessions closed lower than its previous session. Indecisiveness of the market is still evident, but trend change between uptrend to sideways consolidation or downtrend should be in the offing. Crossover … Continue reading →

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Philstocks Financial, Inc. Daily Notes, May 2, 2016

Posted on May 2, 2016 by research

MARKET SUMMARY The week ended with the local bourse closing at 7159.29, its lowest close for the month of April. The PSEi lost 3.27 points or 0.05%. The broader All shares index ended almost flat as well, losing just 1.96 … Continue reading →

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Market Daily for Monday, 2 May 2016

Posted on May 2, 2016 by research

May 2, 2016 HIGHLIGHTS: Domestic liquidity expands by 11.7% in March on credit demand Outstanding loans by commercial banks rises by 14.8% in March, slower from February FDC expects faster revenue and income growth from power business SMPH opens new … Continue reading →

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Philstocks Financial, Inc. Daily Notes, April 29, 2016

Posted on April 29, 2016 by research

MARKET SUMMARY The local bourse, the Philippine Stock Exchange Index continues to decline, shaving off 17.97 points yesterday to 7162.56 to hit its lowest close for the month. The broader All shares index likewise decline, declining 53.58 points or 1.25%. … Continue reading →

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Industry Update-Mining, Philex Mining (PX), Lepanto Consolidated (LC, LCB)

Posted on April 29, 2016 by research

Industry Update-PX LC Mining Industry Update-Mining, Philex Mining (PX), Lepanto Consolidated (LC, LCB) Rising gold prices may sustain share price gains inPX, LC and LCB as expectations of low interest ratesand weak US economy boost gold’s appeal; globaldemand up with … Continue reading →

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

Posted on April 28, 2016 by research

MARKET SUMMARY The local bourse, the PSEi ended with losses once again for the fourth straight session. The PSEi declined 31.39 points or 0.44% from the previous close to bring its year-to-date levels at only 3.29%. The broader All Shares … Continue reading →

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