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.

On Balance: Daily Notes for May 25, 2021

Posted on May 24, 2021 by research

OUR VIEW Buy on dips as we expect a market rebound this day on its immediate support around 6,150.00. However, aside from the technical rebound, we see no further catalyst that could move the market up. Moreover, Moody’s Analytics forecast … Continue reading →

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On Balance: Weekly Notes for May 24, 2021

Posted on May 24, 2021 by research

OUR VIEW FOR THE WEEK While still in a downtrend, the local market was seen to be showing signs of fighting. Last week, it had three positive sessions on the back of late-day buying, two of which were in the … Continue reading →

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On Balance: Daily Notes for May 21, 2021

Posted on May 20, 2021 by research

OUR VIEW Trade cautiously as selling pressure may continue on the last trading day of the week to avoid uncertainties over the weekend. Moreover, we see no fresh catalyst that could move the market today. For long-term investors, accumulate fundamentally … Continue reading →

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On Balance: Daily Notes for May 20, 2021

Posted on May 19, 2021 by research

OUR VIEW Book some gains as the market may follow the sentiment abroad today. As of this writing, there has been a selling pressure in overseas markets, particularly in the US. Investors were selling the tech sector as sentiment was … Continue reading →

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On Balance: Daily Notes for May 19, 2021

Posted on May 18, 2021 by research

OUR VIEW Trade within the market’s short-term range. PSEi remains in the downtrend with no sign of reversal yet. The sentiment is still clouded by uncertainties in the market. Meanwhile, the improving situation of the Covid-19 pandemic in the Philippines … Continue reading →

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IPO Report: Monde Nissin Corporation [PSE MONDE]

Posted on May 18, 2021 by research

OUR TAKE Monde Nissin Corporation [PSE: MONDE] will offer 3.6 Bn shares, with an over-allotment option of up to 540 Mn priced at P13.50 each. Estimated net proceeds of P46.16 Bn are earmarked for capital expenditures and debt repayment. For … Continue reading →

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On Balance: Daily Notes for May 18, 2021

Posted on May 17, 2021 by research

OUR VIEW Accumulate shares of companies that have shown strong growth in the first quarter of 2021 since these stocks could be the leader amid the anticipated economic recovery. Downside risks in the market have lessened after the government eased … Continue reading →

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On Balance: Weekly Notes for May 17, 2021

Posted on May 17, 2021 by research

OUR VIEW FOR THE WEEK Trade cautiously next week, we may see sideways movement from the local market. On a positive note, progress is seen on our country’s vaccine procurement. This helps in improving our medium to long term economic … Continue reading →

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On Balance: Daily Notes for May 14, 2021

Posted on May 12, 2021 by research

OUR VIEW Wait for the market to establish support, limit your position. Weak market participation is expected after a pause in trading yesterday and ahead of the weekend. Bargain hunting and the decision of the BSP to keep key rates … Continue reading →

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On Balance: Daily Notes for May 12, 2021

Posted on May 11, 2021 by research

OUR VIEW Trade cautiously as the market may move sideways with a downward bias given the weak investors’ participation ahead of the BSP meeting on Thursday. Investors will wait for the decision of the BSP on interest rates. In our … Continue reading →

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