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.

Accord Capital Daily Highlight, June 30, 2015

Posted on June 30, 2015 by research

MARKET WRAP: SHOWING THAT WE ARE NOT IMMUNE from what is unfolding fast in Europe, investors rushed to click on the selling button soon as the bell sounded the start of the trading week. This is purely sentiment revealing itself. … Continue reading →

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Accord Capital Weekly Highlight, June 29 to July 3, 2015

Posted on June 29, 2015 by research

MARKET WRAP: FRIDAY – Against the backdrop of a marginal drop by its global peers overnight, the PSEI attempted to move in the opposite direction. However, the burden may just be too heavy as leads are thin from other sources. … Continue reading →

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Market Daily for Friday, 26 June 2015

Posted on June 26, 2015 by research

June 26, 2015 HIGHLIGHTS: Monetary Board keeps interest rates unchanged despite slowing GDP MPI tollway unit set to begin work on C5 Link Expressway GERI to spend PhP10bn for Sta Barbara Heights township in Iloilo SMPH confirms long-term plans to … Continue reading →

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SECTOR FOCUS: BANKING

Posted on June 25, 2015 by research

Sector Focus June 2015 – Banking sector Banking sector likely to see increased M&A activities as a result of Full Entry of Foreign Banks Law (RA 10641) starting 2014 and the ASEAN Banking Integration Framework by 2020. Sector offers good … Continue reading →

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Accord Capital Daily Highlight, June 25, 2015

Posted on June 25, 2015 by research

OUTLOOK: About a week or so ago, we posited the backdrop as “Greece, Greece and more of Greece – in addition to US interest rates.” The recent moves of the market lend credence to this point. As optimism over a … Continue reading →

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Accord Capital Daily Highlight, June 22, 2015

Posted on June 23, 2015 by research

OUTLOOK: There is still room for the bull. After being pushed back to its cage by the bear’s recent pawing, it has shown over the recent days (at least prior to Friday and today) that is still has the legs … Continue reading →

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Market Daily for Monday, 22 June 2015

Posted on June 22, 2015 by research

June 22, 2015 HIGHLIGHTS: Philippines balance of payments swing to a surplus at end-1Q15 External debt levels dip by 3% to US$75.3bn MEG to boost recurring income with new malls, offices SLI approves plan to form JVs and acquire property … Continue reading →

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Accord Capital Weekly Highlight, June 22 to 26, 2015

Posted on June 22, 2015 by research

OUTLOOK The leads going into Monday’s opening trades does not provide a strong platform for investors to stand their ground and build on the momentum from last week (stymied by an almost flat close Friday on profit-taking.) Stocks across the … Continue reading →

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Market Daily for Friday, 19 June 2015

Posted on June 19, 2015 by research

June 19, 2015 HIGHLIGHTS: AP to begin pre-development of Nalatang B hydropower plant RWM to more than triple its hotel rooms by 2017 SSI to bring Joe Fresh Stores lifestyle brand to the Philippines DMC may seek lifting of TRO … Continue reading →

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Accord Capital Daily Highlight, June 19, 2015

Posted on June 19, 2015 by research

OUTLOOK: It may or it may not be noticeable to some but there is a stirring of optimism that underlies the seemingly bearish surface of the market. There appears to be a bull raring to break out of its cage, … Continue reading →

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