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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.

COMPANY UPDATE: TRAVELLERS INTERNATIONAL HOTEL GROUP (RWM)

Posted on March 21, 2016 by research

RWM 2015 Results COMPANY UPDATE: TRAVELLERS INTERNATIONAL HOTEL GROUP (RWM) Price: PhP3.69 2015 income down 26% to P4.0bn on weak gaming revenues (-15%), rising costs due to competition; discount valuation due to slower growth prospects.

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Philstocks Financial, Inc. Daily Notes, March 18, 2016

Posted on March 18, 2016 by research

MARKET SUMMARY The PSEi soared yesterday gaining 145.51 points, breaching the 7200 level to end at 7210.90 as investors gain more confidence after the Fed’s announcement of the guidance regarding interest rates. The local bellwether is now at 3.72% up … Continue reading →

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Philstocks Financial, Inc. Daily Notes, March 17, 2016

Posted on March 17, 2016 by research

MARKET SUMMARY The local barometer ended the session shaving off 83.87 points or -1.16% from the previous session. All sectors ended losing points except for the Financial sector, up almost flat or 0.57%. The sector that lost the most percentage … Continue reading →

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Philstocks Financial, Inc. Daily Notes, March 16, 2016

Posted on March 16, 2016 by research

MARKET SUMMARY The PSEi continues to extend its gains closing at 7148.26 or 0.50% higher than the previous session. The broader All Shares index also ended in positive territory gaining 0.50%. The highest gains came from the Services sector rising … Continue reading →

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DAILY REPORT FOR WEDNESDAY, 16 MARCH 2016

Posted on March 16, 2016 by research

March 16, 2016 HIGHLIGHTS: Personal remittances growth slows to 3.2% in January MAXS posts 2015 net income of PhP501m from loss in 2014 BEL 2015 recurring net income up 29% to PhP1.3bn NIKL 2015 net income drops 76% to PhP2.0bn … Continue reading →

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Philstocks Financial, Inc. Daily Notes, March 15, 2016

Posted on March 15, 2016 by research

MARKET SUMMARY The PSEi continues to extend its gains for the fifth straight session, gaining 14.25 points or 0.20% from the previous close. PLDT and Globe Telecom’s stocks kept the market in positive territory following the announcement of the end … Continue reading →

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DAILY REPORT FOR TUESDAY, 15 MARCH 2016

Posted on March 15, 2016 by research

March 15, 2016 HIGHLIGHTS: Philippine foreign direct investments dip 51.3% y-o-y in December BSP and BNM of Malaysia agree on guidelines for qualified ASEAN banks DMPL reports 9M16 net income of US$41.9m, reversing from net loss SMC-Telstra mobile telecom deal … Continue reading →

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Philstocks Financial, Inc. Daily Notes, March 14, 2016

Posted on March 14, 2016 by research

Market Summary: The local bourse ended the latter part of the week breaking out the 7000 level which has brought all sectors, except for the Services and Property sector, in positive Year-to-date levels. The session last Friday was led by … Continue reading →

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Philstocks Financial, Inc. Daily Notes, March 11, 2016

Posted on March 11, 2016 by research

MARKET SUMMARY: The PSEi has broken the 7000 level and ended the session at 7048.08. The breakout was led yesterday by the Services and Holding Firms sector gaining 1.91% and 1.74% consecutively. The PSEi is now positive Year-to-date performance. Only … Continue reading →

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COMPANY UPDATE: ENERGY DEVELOPMENT CORP (EDC) 2015 Results

Posted on March 11, 2016 by research

EDC 2015 Results COMPANY UPDATE: ENERGY DEVELOPMENT CORP (EDC) 2015 Results PRICE: PHP6.25 2015 reported net down 35% on items, higher opex; recurring net 4% to P8.8bn from revenues of P34.4bn, up 11%; Trading at discount but early rehab fix … Continue reading →

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