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 Highlight, January 20, 2016

Posted on January 20, 2016 by research

OUTLOOK: Investors appear still unable to grasp the reality of a technically bearish market. Optimism is simply idling, waiting for a strong impetus from the news cycle to emerge with conviction. This has been the underlying narrative of the market … Continue reading →

Comments Off

Daily Report for Tuesday, 19 January 2016

Posted on January 19, 2016 by research

January 19, 2016 HIGHLIGHTS: Personal remittances up 3% in November to US$2.4bn; up 3.4% to US$22,8bn y-t-d ICT to open its new terminal in Congo by August 2016 BSC signs farm-in agreement with DESCO CROWN receives delivery of new compounding … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Highlight, January 19, 2016

Posted on January 19, 2016 by research

OUTLOOK: As the market continues its plumb to levels last seen between mid-2013 to early 2014, investors are clueless as to when it will end. To say that this has been the market’s worst start for any given year since … Continue reading →

Comments Off

Philstocks Financial, Inc. Weekly Highlight, January 19 to 22, 2016

Posted on January 18, 2016 by research

OUTLOOK: The market remains a tight-rope act –investors are eager for a catalyst strongly positive enough to hinge lingering optimism on. The news cycle however has remained rather stingy on that side,churning out news after news that not-only raises more … Continue reading →

Comments Off

Daily Report for Friday, 15 January

Posted on January 15, 2016 by research

January 15, 2016 HIGHLIGHTS: Foreign portfolio investment net outflows amounted to US$600m in 2015 on stock market sell-off Bank of Tokyo-Mitsubishi UFJ to buy a 20% stake in SECB for PhP36.9bn or PhP245/share NIKL mining volume increased by 10% in … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Highlight, January 13, 2016

Posted on January 13, 2016 by research

OUTLOOK: WAS TUESDAY’S 42-point advance a legitimate move? Is it a reliable indication that we have “overcome”the rush of negative emotion that greeted the year? Or is this just one technical move that found a modicum of inspiration from the … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Highlight, January 12, 2016

Posted on January 12, 2016 by research

OUTLOOK: There’re just too many negatives surfacing at this early stage of the year. Europe is struggling to balance humanitarian interests with a growing security concern in the burgeoning refugee crisis;the Middle East is in tenterhooks as Saudi Arabia and … Continue reading →

Comments Off

Philstocks Financial, Inc. Weekly Highlight, January 11 to 15, 2016

Posted on January 11, 2016 by research

OUTLOOK: Investors head into the second week of trades for the year nursing scars –many not yet healed – from the worst annual start in since 2008. Back then, it took the market a year and nine months to fully … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Highlight, January 8, 2016

Posted on January 8, 2016 by research

OUTLOOK: There is too much bad news hanging over the trading floor and there seem to be no silver lining – at least not the obvious type – emerging from the horizon. China, as somewhat expected, has risen to the … Continue reading →

Comments Off

ECONOMIC UPDATE: CONSUMER PRICE INDEX DECEMBER 2015

Posted on January 6, 2016 by research

Inflation December 2015 Headline inflation rate climbs to 1.5%, highest in seven months on faster alcoholic and cigarette prices; 2015 average rate of 1.4% is down from 4.1% in 2014. Target headline rate for 2016 set at 2-4% with favorable … Continue reading →

Comments Off