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 Highlight, January 29, 2015

Outlook: As we approach the final sessions for the month of January, the market has given investors a lot to hope for this year. Early PSEI year-end projections are pegged at just 150-points away (7800.) This early, the market has posted … Continue reading

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Accord Capital Highlight, January 28, 2015

The local market rose to a new record — it’s fifth in the first 15 trading sessions of the year. US and European markets edged higher overnight, practically shrugging off the anti-austerity party’s victory in Greek polls Sunday. Markets in … Continue reading

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Market Daily for Tuesday, 27 January 2015

January 27, 2015 HIGHLIGHTS: SLI bullish on its contractor unit, property sector growth SEVN store network reaches 1,282 in 2014, up 27% UBP 2014 net income down 6.7% to PhP8.4bn on lower trading gains PBB reveals buying interest by foreign … Continue reading

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Accord Capital Highlight, January 27, 2015

Outlook: In some respects, this feels like 2012 all over again. In that year, the market set and re-set all -time record levels over 30 times. It drew on and challenged investors’ patience. During those times, market participants were still bullish … Continue reading

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Accord Capital Highlight, January 26, 2015

As of January 23, 2015_Friday: The market’s strong move Friday pulled the FULL portfolio return to less than 1.0x the PSEI for a third straight day. However the selection composed of the highlighted counters continues to outperform the main gauge, … Continue reading

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PSEi, January 26, 2015

TECHNICAL GUIDE: Based on January 23, 2015 closing levels JANUARY 26, 2014_MON_TECH GUIDE 1

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Market Daily for Friday, 23 January 2015

January 23, 2015 HIGHLIGHTS: Foreign portfolio investments slide to net outflow in 2014 MBT to raise PhP32bn through stock rights offer JGS raises PhP8.8bn from top-up placement at 12% discount to market MAXS absorbs management unit TEL sees tough competition … Continue reading

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Market Daily for Thursday, 22 January 2015

January 22, 2015 HIGHLIGHTS: DA says 2014 agriculture output falls short of target MWIDE likely to win contract for ITS-Southwest Terminal project TEL and Rocket to develop startup incubator FGEN raises PhP7.5bn through overnight placement DMPL gets approval for US$180m … Continue reading

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Accord Capital Highlight, January 22, 2015

Outlook: One thing that analysts the world over appear to agree on is that markets will become more volatile in the days and weeks ahead as more “surprises” emerge from the woodwork. In the period bridging this and the prior week, … Continue reading

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Market and sector valuation – January 2015

Market & sector valuation-January 2015 PSEi is off to a hot start in 2015 with a +2.4% weeklygain and touching a new record high of 7,446.66 Driven by optimism over solid macroeconomicfundamentals and faster GDP growth Supported by strong domestic … Continue reading

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