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, 26 September 2012

Posted on September 26, 2012 by research

Market Daily for Wednesday, 26 September 2012 HIGHLIGHTS: Philippine imports contracted by 0.8% in July despite slight increase in electronics SMC in talks with Lucio Tan group for international airport project BDO to raise PhP5.0bn thru deposit certificates PGOLD to … Continue reading →

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Accord Capital Daily, Tuesday, September 25, 2012

Posted on September 25, 2012 by research

First semester earnings for index component companies grew 47.72% year-on-year. This is based on raw numbers collated from individual quarterly financial statements and press releases the companies have filed and are uploaded at the Exchange’s website as of present date. … Continue reading →

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Market Daily for Monday, 24 September 2012

Posted on September 24, 2012 by research

Market Daily for Monday, 24 September 2012 HIGHLIGHTS: Philippines outstanding external debt at US$62.5bn at end June 2012 TEL raises PhP8.8bn thru sale of long-term notes MEG launches new condo project in Makati CBD PX income forecast drops on Padcal … Continue reading →

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Accord Capital Daily, Monday, September 24, 2012

Posted on September 24, 2012 by research

IF THIS WAS A BASKETBALL GAME, we find ourselves in the final minutes of the third quarter with the Bulls comfortably ahead. Although the bears made some challenge in the second and third quarters, these were not sufficient to overturn, … Continue reading →

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Market Daily for Friday, 21 September 2012

Posted on September 21, 2012 by research

Market Daily for Friday, 21 September 2012 HIGHLIGHTS: Mining approvals to face possible delays AC and BRN sign JV for coal power plant project in Iloilo GLO and Smart step up mobile rivalry Valuation table For the full research, click … Continue reading →

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Accord Capital Daily, Friday, September 21, 2012

Posted on September 21, 2012 by research

A TEPID RISE in the Dow and a region-wide retreat among indexes in the region favored sustained profit-taking, pushing the main measure lower for third straight session. From a technical standpoint, it is but part of the mini-cycles and a … Continue reading →

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Market Daily for Thursday, 20 September 2012

Posted on September 20, 2012 by research

Market Daily for Thursday, 20 September 2012 HIGHLIGHTS: The country’s unemployment rate dips to 7% in July FLI to complete 10-floor AZ Building in Alabang 4Q12 TA to sell partial stake in SC 55 to Frontier Gasfields MMI investor Siam … Continue reading →

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Accord Capital Daily, Thursday, September 20, 2012

Posted on September 20, 2012 by research

THE PSEI dropped off the opening bell but gained enough traction after hitting technical support at 5,300 to narrow losses by half at the close. For the fourth day after the end of the Ghost Month, value turnover broke above … Continue reading →

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Accord Capital Daily, Wednesday, September 19, 2012

Posted on September 19, 2012 by research

Thus far, the Main Index has reached a high of 5,403.16 (intra-day) and 5,369.98 (close), still a good 5.0% to 9.0% below the lower end of the projected band. Alternatively, our estimates assumes aggregate equity prices will rise between 28% … Continue reading →

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Market Daily for Wednesday, 19 September 2012

Posted on September 19, 2012 by research

Market Daily for Wednesday, 19 September 2012 HIGHLIGHTS: Consumer confidence improves in 3Q12 on rising expectations FOOD looking to list shares in Singapore exchange DIZ signs agreement with Capital Gold Pty of Australia AT copper production dips in August to … Continue reading →

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