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, 03 October 2012

Market Daily for Wednesday, 3 October 2012 HIGHLIGHTS: Domestic trade climbs 30% to PhP140bn in 2Q12 ALI buys stake in Raffles Suites and Residences for US$24m FOOD buys 80% in Akaroa Salmon of New Zealand for US$2.9m Valuation table For … Continue reading

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Accord Capital Daily, Wednesday, October 03, 2012

… local investors’ appetite for stocks increased, pushing the PSEI to briefly and marginally breach the upper limit of the 5,350 resistance line before eventually closing the session at 5,348.68, 40.16 points or 0.76% higher. All sectors posted gains with … Continue reading

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Market Daily for Tuesday, 2 October 2012

Market Daily for Tuesday, 2 October 2012 HIGHLIGHTS: Universal and commercial banks’ exposure to real estate loans up 19% year-on-year GLO and BayanTel to share cellular phone frequency RFM in talks with Century Canning for possible sale of Swift PF … Continue reading

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Accord Capital Daily, Tuesday, October 2, 2012

MANUFACTURING numbers in China and Japan dragged on Asia as October trades opened, but the same economic measure, this time in the US, pulled stocks in the West higher, lending some reason to anticipate a rebound in local equity prices … Continue reading

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Market Daily for Monday, 01 October 2012

Market Daily for Monday, 1 October 2012 HIGHLIGHTS: Universal and commercial banks non-performing loans ratio dips to 2.18 in July AEV to buy Aboitiz Land, Inc. for PhP3.2bn AP’s Bakun power plant resumes operations after repairs FGEN looking for new … Continue reading

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Accord Capital Daily, Monday, October 1, 2012

PSEI PERFORMANCE: IF THE TRADING YEAR WAS TO END TODAY, 2012 has dislodged the year 2007’s 21.43% return as 6th highest in the last 10 years. While this supposition may yet be invalidated in the next three months, either as … Continue reading

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Market Daily for Friday, 28 September 2012

Market Daily for Friday, 28 September 2012 HIGHLIGHTS: Govt to borrow less in 4Q12 due to low budget deficit BSP sees September inflation rising between 3.4% to 4.3% SMPH opens Lanang Premier mall in Davao today PGOLD to raise PhP5.0bn … Continue reading

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Market Daily for Thursday, 27 September 2012

Market Daily for Thursday, 26 September 2012 HIGHLIGHTS: National Government posts a PhP2.52bn budget surplus in August JGS raises PhP3.2bn thru overnight placement PNB 1H12 net income jumps 144% to PhP1.77bn TDY to buy most of ETON from shareholders Valuation … Continue reading

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Accord Capital Daily, Thursday, September 27, 2012

Gross value turnover just fell short of doubling the prior day’s total to PHP 7.909 billion. However, net of PHP 3.495 billion worth of block sales, turnover is still way below the average at only PHP4.14 billion. Breadth remained negative … Continue reading

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Accord Capital Daily, Wednesday, September 26, 2012

The PSEI swung between gains and losses throughout the session, trading a narrow 20-point band before eventually closing the day flat with a marginal -0.43 points (-0.0081%) loss to 5,325.17.Value turnover remained thin reaching only PHP 3.811 billion, indicating a … Continue reading

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