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 Highlights, May 19, 2014

Posted on May 19, 2014 by research

May 19, 2014 Market Daily for Monday, 19 May 2014 HIGHLIGHTS: COSCO to raise PhP5.0bn from sale of long-term notes PXP 1Q14 net income down 6% to PhP212m on poor volumes EDC 1Q14 recurring net income down 14% to PhP2.2bn … Continue reading →

Comments Off

PSEi, May 19, 2014

Posted on May 19, 2014 by research

TECHNICAL GUIDE: Based on May 16, 2014 closing levels MAY 19, 2014_MONDAY

Comments Off

Accord Capital Highlight, May 19, 2014

Posted on May 19, 2014 by research

“Based on the FS summary posted at the Exchange’s disclosures website (www.edge.pse.com.ph), 150 out of the 201 listed companies that has reported 1Q numbers as of Friday, posted profits. Of these however, more than half or 52% (78) delivered lower … Continue reading →

Comments Off

PSEi, May 16, 2014

Posted on May 16, 2014 by research

TECHNICAL GUIDE: Based on May 15, 2014 closing levels TECH GUIDE for MAY 16, 2014_FRIDAY

Comments Off

Accord Capital Highlight, May 16, 2014

Posted on May 16, 2014 by research

Today’s trades highlights the challenge posed by the 6900-psychological barrier – a brief and marginal foray above that line in Wednesday’s action immediately invited sellers as the premium of equities over the risk-free rate widened. Short-term, default-free 91-days Treasury Bills … Continue reading →

Comments Off

Accord Capital Highlight, May 15, 2014

Posted on May 15, 2014 by research

PHILIPPINE SHARES are having a good run so far this year – despite voices of concern that greeted the year in light of Yolanda’s wake. This in fact sounds like an understatement. With still a month-and-a-half in the balance for … Continue reading →

Comments Off

PSEi, May 14, 2014

Posted on May 14, 2014 by research

TECHNICAL GUIDE: Based on May 13, 2014 closing levels TECH GUIDE for MAY 14, 2014_WEDNESDAY

Comments Off

Accord Capital Highlight, May 14, 2014

Posted on May 14, 2014 by research

As the US earnings season begin to unwind, the impetus has not been as strong as many believed. Nevertheless, with more than half of the firms that have released reports showing better-than-forecast numbers, there is little reason – at least … Continue reading →

Comments Off

Accord Capital Highlight, May 13, 2014

Posted on May 13, 2014 by research

“Philippine inflation remains within the BSP’s forecast range, even as it rose to 4.1% in April from 3.9% in March. The year-to-date level also stands at 4.1% against the government’s official 2014 target band of 4.0% +/- 1.0 percentage point. … Continue reading →

Comments Off

Market Daily for Tuesday, May 13, 2014

Posted on May 13, 2014 by research

May 13, 2014 HIGHLIGHTS: FGEN to secure long-term US$ loan from German state-bank URC FY1H14 net income up 14% to PhP6.2bn, better than expected GTCAP power unit Global Business Power to increase portfolio SMC 1Q14 net income down 49% to … Continue reading →

Comments Off