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 Weekly Highlight, May 25 to 29, 2015

Posted on May 25, 2015 by research

OUTLOOK FOR WEEK 21 The market’s inability to hold gains but at the same time an equal capacity to keep losses relatively minimal (at least holding at key support levels) leave investors very little to hang on to going into … Continue reading →

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Market Daily for Thursday, 21 May 2015

Posted on May 21, 2015 by research

May 21, 2015 HIGHLIGHTS: EMP reports 1Q15 net income of PhP1.4bn, down 18% y-o-y AGI 1Q15 attributable net income of PhP3.5bn up 4%, below estimates  

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Accord Capital Daily Highlight, May 21, 2015

Posted on May 21, 2015 by research

OUTLOOK FOR THURSDAY There isn’t much the market is looking at in the next few days as the earnings reporting cycle unwinds. However, the 1st Quarter results has so far been between decent and stellar – at least most were … Continue reading →

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Market Daily for Wednesday, 20 May 2015

Posted on May 20, 2015 by research

May 20, 2015 HIGHLIGHTS: NEDA and President Aquino approved PhP63.6bn worth of new infra projects MER receives rating upgrade from Standard & Poor’s MPI to bid for the PhP55.5bn CALAX project ICT consolidates African port operations APX 1Q15 swings to … Continue reading →

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Accord Capital Daily Highlight, May 20, 2015

Posted on May 20, 2015 by research

OUTLOOK FOR WEDNESDAY: Our “worries” that investors will be left hostage to external headwinds as the earnings season winds up showed at mid-week trades. Coupled with the weak supporting value turnover as the index rose to a sixth day Tuesday, … Continue reading →

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Accord Capital Weekly Highlight, May 18 to 22, 2015

Posted on May 18, 2015 by research

OUTLOOK FOR WEEK 20 Economic Data: May 21, 2015 Thursday = NPL of U/KB’s for January-February, BSP We are now getting closer and closer to an all-important economic data release – GDP. The results are usually reported out toward the … Continue reading →

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Market Daily for Monday, 18 May 2015

Posted on May 18, 2015 by research

May 18, 2015 HIGHLIGHTS: Foreign portfolio investment net outflows increase in March Remittances from overseas Filipinos spike higher in March VLL 1Q15 net income up 10% to PhP1.6bn on sales EDC 1Q15 net income miss expectations despite 14% rise HOUSE … Continue reading →

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Market Daily for Thursday, 14 May 2015

Posted on May 14, 2015 by research

May 14, 2015 HIGHLIGHTS: MBT 1Q15 net income down 11% to PhP5.1bn; trading at PBV discount GLO 1Q15 beats target with 25% core net income of PhP4.2bn JFC 1Q15 net income up 13% to PhP1.2bn, below expectations BLOOM 1Q15 net … Continue reading →

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Market Daily for Wednesday, 13 May 2015

Posted on May 13, 2015 by research

May 13, 2015 HIGHLIGHTS: Merchandise export growth up 2% in March, 1st gain in four months ICT 1Q15 net income up 4% to US$56.8m, ahead of expectation BPI 1Q15 net income up 36% to Php4.9bn on higher interest income DNL … Continue reading →

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Accord Capital Daily Highlight, May 13, 2015

Posted on May 13, 2015 by research

Tuesday’s action – recovering off a 62.63 points hole to close in positive territory – is something that can offer some encouragement to fence-sitters whose “absence” has kept value turnover rather slack. More so the fact that the local market … Continue reading →

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