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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 Daily, Wednesday, November 14, 2012

FOR THE SECOND STRAIGHT SESSION this week, activity slowed quite a bit as investors appeared listless in light of fiscal cliff concerns in the US and a still unstable European situation. For the full research, click here: WK46_TD215_November 14, 2012_WEDNESDAY DISCLAIMER: … Continue reading

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Market Daily for Wednesday, 14 November 2012

Market Daily for Wednesday, 14 November 2012 HIGHLIGHTS: Foreign direct investments in Jan to Aug period tops US$1.0bn, up 61% year on year AGI 9M12 core net income rises 48% to PhP13.5bn on strong gaming and liquor business LR buys … Continue reading

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Company Update: DMCI Holdings, Inc.

Company Update: DMCI Holdings, Inc. 9M12 net income up 12% to PhP7.9bn Price: PhP52.10 Rating: Buy on weakness For the full research, click here: DMC 9M12 DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT … Continue reading

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Accord Capital Daily, Monday, November 12, 2012

RP stocks rise on the week…LOCAL SHARE PRICES advanced 0.8% to finish week 45 at 5,468.79, just 4.82 points short of the record close posted earlier in the same week. The intra-day record high of 5,484.63 set in early October … Continue reading

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Market Daily for Friday, November 9, 2012

Market Daily for Friday, 9 November 2012 HIGHLIGHTS: Philippines’ Gross International Reserves at US$82.1bn in October ICT 9M12 recurring net income gains 11% to US$95.3m on cargo volume, new terminals SM 9M12 net income jumps 14% to PhP16.1bn on strong … Continue reading

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Accord Capital Daily, Thursday, November 8, 2012

HIGHLIGHTS: 1.Obama wins 2nd term, routs Romney in electoral votes 2. Local share prices defy global trend, falls on technical indications, disappointing earnings 3. Confidence still intact, with buyers expected to show up moving forward For the full research, click … Continue reading

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Accord Capital Daily, Wednesday, November 7, 2012

Highlight: An equally important vote on austerity measures and the 2013 budget in Greece takes place inside the week. For the full research, click here: WK45_TD210_November 7, 2012_WEDNESDAY DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT … Continue reading

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Market Daily for Wednesday, 7 November 2012

Market Daily for Wednesday, 7 November 2012 HIGHLIGHTS: October inflation dips to 3.1% from 3.6% in September TEL 9M12 core net income slides 8% to PhP28bn on expenses NIKL 9M12 net income falls 31% to PhP2.2bn on lower nickel prices … Continue reading

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Accord Capital Daily, Tuesday, November 6, 2012

HIGHLIGHTS: 1. October inflation seen lower 2. 3Q earnings give encouragement to full year results 3. External risks persist 4. Earnings to drive share prices 5. WEB profits up 24% 6. BDO 9-month income up 38%   For the full research, click here: WK45_TD209_November 6, 2012_TUESDAY DISCLAIMER: … Continue reading

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Market Daily for Tuesday, 6 November 2012

Market Daily for Tuesday, 6 November 2012 HIGHLIGHTS: BDO 9M12 net income rises 38% to PhP10.5bn MBT 9M12 net income up 15% to PhP8.9bn WEB 9M12 net income jumps 24% to PhP681m on e-Games cafe GREEN approves capital hike, new … Continue reading

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