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, July 7, 2014

Posted on July 7, 2014 by research

OUTLOOK: With a weaker-than-expected GDP and a higher-than-anticipated inflation through the first six months already discounted into prices, investors will be looking for fresher leads to keep the index above 6900 and towards 7000. It is likely the measure will … Continue reading →

Comments Off

Accord Capital Highlight, July 4, 2014

Posted on July 4, 2014 by research

MARKET MONITOR: The PSEI looked poised to close above the 6900-line for the first time since May 2013 until the run-off phase. It missed the mark by less than a point. Yet there was no mistaking the bulls were firmly … Continue reading →

Comments Off

Accord Capital Highlight, July 3, 2014

Posted on July 3, 2014 by research

Market Monitor: – Market post thin gains on a slow day. – Europe brushes off unemployment data, Ukraine; benchmark stays near record; – Four US indexes hit record, charts bullish – Lending activity remain robust – June inflation may raise … Continue reading →

Comments Off

PSEi, July 2, 2014

Posted on July 2, 2014 by research

TECHNICAL GUIDE: Based on July 01, 2014 closing levels TECH GUIDE for WED JULY 2

Comments Off

Accord Capital Highlight, July 2, 2014

Posted on July 2, 2014 by research

Market Monitor: – Asian markets mostly lower but bench-mark at 6-year high;- Tankan manufacturing index lower on higher sales taxes; Nikkei rallies, Hang Seng most of SEA slides; – Europe higher an hour to close; – US stocks hit fresh … Continue reading →

Comments Off

COMPANY UPDATE: Melco Crown Resorts Corp (MCP)

Posted on July 1, 2014 by research

COMPANY UPDATE: Melco Crown Resorts Corp (MCP) Hotel and casino operator raises fresh PhP5.5bn capital ahead of City of Dreams Manila opening in 2H14; to become the industry’s third key integrated hotel and casino operator, second within Entertainment City MCP … Continue reading →

Comments Off

Accord Capital Highlight, July 01, 2014

Posted on July 1, 2014 by research

MARKET MONITOR: – STOCKS open the week on an subdued, optimistic footing; PSEI challenged to hold gains; gains trimmed at the close; – US equities were almost flat Friday with Europe posting marginal gains; futures thinly positive; – Asia Pacific … Continue reading →

Comments Off

Posted on June 30, 2014 by research

ADDENDUM: Calata Corporation [pse: CAL] http://edge.pse.com.ph/openDiscViewer.do?edge_no=a44d7f866b2cff2a1db82e377ee70f3b#sthash.kBCyMPnz.dpbs The Company partners with Marubeni Corporation for test farms in the country that will determine the viability of the latter’s agricultural chemical products that could eventually translate into a profitable business and commercial partnership. … Continue reading →

Comments Off

Accord Capital Highlight, June 30, 2014

Posted on June 30, 2014 by research

The week begins where the month and the quarter ends. Off-the-bat, there may be some action on the upside as investors bank on the traditional window-dressing mode that mark these end-of-period trades.Technically, the PSEI while remaining close to the record … Continue reading →

Comments Off

Accord Capital Highlight, June 26, 2014

Posted on June 26, 2014 by research

SHARE PRICES PICKED UP WHERE IT LEFT OFF the previous session, posting gains of over 30 points minutes off the opening bell and holding steady onwards. Overnight leads were not encouraging with US equities retreating off record levels. Europe ended … Continue reading →

Comments Off