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 Wednesday, 21 January 2015

January 21, 2015 HIGHLIGHTS: PHL balance of payments posts US$2.9bn deficit in 2014 Remittance growth from overseas Filipinos drops to 1.8% in November HOUSE to begin new project in Gen. Santos City Pitkin Petroleum to give up 58% interest in … Continue reading

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Accord Capital Highlight, January 21, 2015

Outlook: While the short-term sentiment swings wildly from one extreme to the next (at least in global markets), local investors have been more “contained” is digesting the cur-rent news cycle. The sensitivity to what is happening around and outside our borders … Continue reading

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Accord Capital Highlight, January 20, 2015

THE LOCAL MARKET rejoined its peers in the region after staying shut for most of last week. Results were mixed with Japanese index-es higher, drawing on a yen strengthened by investors seeking safer havens in light of a drop in … Continue reading

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Accord Capital Highlight, January 19, 2015

After checking Monday’s reaction, investors defied global market trends to break past the 7500-line en route to erasing Friday’s new all-time closing and intra-day high. Although it failed to hold on to about a third of the gains, the close … Continue reading

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Accord Capital Highlight, January 14, 2015

The previous day’s retreat provided enough rest for the local market as investors returned armed with liquidity and enough optimism to push the PSEI back above the 7400-mark—a move that defied general trends in the region which mostly tracked the … Continue reading

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Accord Capital Highlight, January 13, 2015

OUTLOOK: The market’s first slide in this young year keep investors guessing as to the direction share prices will take with conviction.The drop in value turnover accompanying the slide is actually a good sign— at the very least suggesting that … Continue reading

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Market Daily for Tuesday, 13 January 2015

January 13, 2015 HIGHLIGHTS: FDI net inflows up 103% to US$444m in Oct, up 64% in Jan-Oct. CEB get a PhP52m penalty from CAB for its flight fiasco last month SMPH to speed up residential projects this year RLC reports … Continue reading

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Market Daily for Monday, 12 January 2015

January 12, 2015 HIGHLIGHTS: Exports up 19.7% in November, a five month high RWM boss said Macau-like slowdown in Manila casinos unlikely GTCAP to spend PhP50bn for 2015 capex MPI tollway unit to build Cebu bridge PF to put up … Continue reading

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Accord Capital Highlight, January 12, 2015

The PSEI rewrote history right on the first week of trades en route to its 10th straight positive day stretching back to December 17, 2014 when it closed at 6966.21, punctuating a drop from 7275.62. This erases the previous record … Continue reading

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Market Daily for Friday, 9 January 2015

January 9, 2015 HIGHLIGHTS: FCDU loans increase 4.3% in 3Q14 to US$12.1bn GERI’s Alabang West project expected to sell out by 1Q15 AC Energy aiming for 1,000 MW capacity by 2016 TA’s Guimaras wind farm now providing electricity to Panay … Continue reading

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