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.

Market Daily for Monday, 8 June 2015

Posted on June 8, 2015 by research

June 8, 2015 HIGHLIGHTS: May inflation rate slows to 1.6%, lowest in 20 years HOUSE launches new mid-rise condo project in Muntinlupa PHA to buy majority stake in developer Goshen Land AT to borrow PhP1.8bn from shareholders for Carmen Copper … Continue reading →

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Accord Capital Weekly Highlight, June 8 to 12, 2015

Posted on June 8, 2015 by research

OUTLOOK : “When in doubt, don’t.” The most acceptable measure of risk in investments is standard deviation which indicates the dispersion of returns around an average. Higher STDEV numbers suggests the returns are spread over a wider range and thus … Continue reading →

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Market Daily for Thursday, 4 June 2015

Posted on June 4, 2015 by research

June 4, 2015 HIGHLIGHTS: OECD cuts global economic growth forecast, may hurt PHL trade PAL to sustain profitability, according to CAPA AC and MPI to take over LRT 1 this year SMC’s Liberty Telecom to trim more fat  

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Accord Capital Daily Highlight, June 3, 2015

Posted on June 3, 2015 by research

OUTLOOK Going into mid-weeks trades, the bears obviously have the upper hand with Tuesday seeing an expansion of the previous session’s negative breadth as the number of advancers declined by 20 while decliners grew by a slightly bigger 22. It … Continue reading →

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Market Daily for Tuesday, 2 June 2015

Posted on June 2, 2015 by research

June 2, 2015 HIGHLIGHTS: BSP’s confidence index rises to 49.2% in 2Q15 from 45.2% in 1Q FNI to acquire additional shares in Platinum Group Metals for PhP200m DFNN wins favorable ruling from arbitration panel MEG launches Forbes Hill township project … Continue reading →

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Accord Capital Daily Highlight, June 2, 2015

Posted on June 2, 2015 by research

OUTLOOK Recovering off the weeks-long sell-off and regaining the same degree of confidence investors showed through the first quarter appears to be a daunting challenge. Off the 8127.48 all-time high hit last April 10th, the PSEI has now lost-6.73% or … Continue reading →

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Economic Update: 2015 1Q National Accounts

Posted on May 29, 2015 by research

1Q15 GDP DROPS TO 5.2% FROM 6.6% Economy slows significantly on creeping government spending and sluggish exports; household spending could offer a bright spot but hitting the full-year target of 7-8% is now a big challenge For the full text, … Continue reading →

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Energy Sector Pick: Energy Development Corp (EDC)

Posted on May 28, 2015 by research

A long-term pick due to the company’s position as a leading producer of renewable power. For the full content, click here: May 28, 2015

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Market Daily for Tuesday, 26 May 2015

Posted on May 26, 2015 by research

May 26, 2015 HIGHLIGHTS: The BSP sees improved balance of payments for 2015 AEV gets top credit ratings for its upcoming PhP25bn bond sale ACR partner may increase stake in Zamboanga power plant SMC and MPI clear first stage in … Continue reading →

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Accord Capital Daily Highlight, May 26, 2015

Posted on May 26, 2015 by research

OUTLOOK FOR TUESDAY Monday’s retreat on light volume weakens the “break” below the top-end of the 7730-7770 support range. While investors may have continued to discount poor earnings of some listed counters, the over-all sentiment was impelled mainly by the … Continue reading →

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