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.

On Balance: Daily Notes for October 20, 2021

Posted on October 19, 2021 by research

OUR VIEW Trade cautiously while investors are waiting for the strong fresh catalyst in the market. Currently, the main index is sustaining its ground above the 7,000—7,100 support level amid improving Covid-19 cases in the country and further reopening of … Continue reading →

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On Balance: Daily Notes for October 19, 2021

Posted on October 19, 2021 by research

OUR VIEW Accumulate on support. Since the market breached the resistance of 7,100 to 7,150, we recommend accumulating at this level. Investors will be monitoring the rising oil prices and its possible impact on the economy, particularly on the recovery. … Continue reading →

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On Balance: Weekly Notes for October 18, 2021

Posted on October 18, 2021 by research

OUR VIEW FOR THE WEEK This week, the local market could move sideways. The brightening economic prospects brought by the alert level downgrade in the National Capital Region is seen to keep the positive sentiment in the market. Adding to … Continue reading →

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AllDay Inc. [PSE: ALLDY] IPO Report

Posted on October 18, 2021 by research

OUR TAKE AllDay Marts, Inc. [PSE: ALLDY] will offer 6.86 Bn shares, with an over-allotment option of up to 658 Mn priced at P0.60 each. Estimated net proceeds of P3.95 Bn are earmarked for debt repayment and capital expenditures. SUBSCRIBE … Continue reading →

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On Balance: Daily Notes for October 15, 2021

Posted on October 15, 2021 by research

OUR VIEW Trade cautiously. The optimism stemming from the easing of restrictions in the NCR is still expected to provide support to the local bourse. Adding to this is the improving COVID-19 situation in the country which if sustained, strengthens … Continue reading →

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On Balance: Daily Notes for October 14, 2021

Posted on October 14, 2021 by research

OUR VIEW Take positions as cautious optimism may take over the local market this Thursday. This comes as the government has decided to downgrade Metro Manila to alert level 3 beginning October 16 which in turn is seen to be … Continue reading →

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On Balance: Daily Notes for October 13, 2021

Posted on October 13, 2021 by research

OUR VIEW Trade cautiously while the market still testing the old resistance level of 7,000 to 7,100. Local investors would still be hoping for the downgrading of Alert Level in Metro Manila along with it is the further reopening of … Continue reading →

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On Balance: Daily Notes for October 12, 2021

Posted on October 11, 2021 by research

OUR VIEW Accumulate on old resistance, 7,000 to 7,100, if the market stays above this level. Yesterday’s market gain was a strong rally since most stocks were in the green and it was also led by the YTD laggards, the … Continue reading →

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On Balance: Weekly Notes for October 11, 2021

Posted on October 11, 2021 by research

OUR VIEW FOR THE WEEK This week, investors are expected to watch out for the government’s decision on the social restriction measures of the country after October 15. Easing of the restrictions primarily in the National Capital Region may send … Continue reading →

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On Balance: Daily Notes for October 08, 2021

Posted on October 7, 2021 by research

OUR VIEW Book more gains given the strong pullback yesterday as investors may continue to profit take on the last trading day of the week. Market participation is strong with a value turnover of P13.16 Bn. Investors may also exit … Continue reading →

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