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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.

DAILY VIEW: WEEK 42, TD 200-201, October 17-18, 2011

Posted on October 18, 2011 by research

MARKET ACTION: October 17, 2011_Monday Stocks extended gains as G20 leaders endorsed part of a plan to avert a Greek default. Financial markets remains on edge however, waiting for the details of an expanded rescue facility in the coming days. … Continue reading →

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Corporate News: Splash Corp. (SPH)

Posted on October 18, 2011 by research

Splash Corp. (SPH) is expanding its overseas operations by putting up manufacturing facilities in the Middle East and Africa as it taps other markets for its personal care products. This is a step up from the company’s current network of … Continue reading →

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Corporate News: Metro Pacific Tollways Corp. (TOL)

Posted on October 18, 2011 by research

Metro Pacific Tollways Corp. (TOL) said it will miss its full-year revenue target of PhP7.0bn for 2011 due mainly to flat vehicle volume at its operating tollway network. The company added that higher fuel prices, bad weather conditions due to … Continue reading →

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Corporate News: Oriental Peninsula Resources Group (ORE)

Posted on October 18, 2011 by research

Oriental Peninsula Resources Group (ORE) expects a record year of shipments for its nickel ore for 2011 after its unit, Citinickel Mines and Development Corp., already hit its full year shipment target this year. Citinickel achieved its target of 16 … Continue reading →

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Corporate News: SM Investments Corp. (SM)

Posted on October 18, 2011 by research

SM Investments Corp. (SM) confirmed that it is looking at a net income growth of between 12% to 14% for 2011. Much of this growth will come from its retail and real estate business and banking operations. For 2012, SM … Continue reading →

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Market Summary and Outlook: October 18, 2011

Posted on October 18, 2011 by research

Optimism over the government’s economic stimulus package and the expansionary stance by the Central Bank pushed local share prices higher for the eighth straight day Monday. The PSEi main index jumped 61.05 points, or 1.47% higher from Friday, to close … Continue reading →

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PSEi Performance – Gainers, Losers, Most Active – 10/17/2011

Posted on October 17, 2011 by research

DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR MADE AVAILABLE TO OTHERS. UNDER NO CIRCUMSTANCES IS IT TO BE CONSIDERED AS AN OFFER TO SELL OR A … Continue reading →

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Economic View: October 17, 2011

Posted on October 17, 2011 by research

The stock market ended last week with a positive, yet unimpressive note on Friday at 4,153.40 points on the close. Looking at the slightly upward movement from the start of the month, the 15-day movement of the market index is … Continue reading →

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CORPORATE DEVELOPMENTS: BASIC ENERGY CORPORATION [pse: BSC]

Posted on October 17, 2011 by research

DC2011-7398 The SEC has approved the incorporation of Basic Goethermal Energy Corporation, a 100% owned unit, that will engage in and undertake the exploration, development, production and utilization of geothermal energy sources, including power generation and transmission and distribution and … Continue reading →

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CORPORATE DEVELOPMENTS: PHILEX MINING CORPORATION [pse: PX]

Posted on October 17, 2011 by research

DC2011-7358 Subsidiary Silangan Mindanao Mining Co., Inc acquired a Certificate of Registration from the B OI as New Producer of Copper Concentrate with Gold and Silver products on a non-pioneer status. This entitles the miner to both fiscal and non-fiscal … Continue reading →

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