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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 40, TD 194/195, October 6/7, 2011

Posted on October 7, 2011 by research

MARKET ACTION: The PSEI trimmed the week’s losses to less intimidating -2.7% following a 67.39 (1.8%) surge Thursday. Optimism was finally sustained up to the final bell after intermittent peeks in the three previous sessions. The day was generally bullish … Continue reading →

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DAILY VIEW: WEEK 40, TD 193/194, October 5/6, 2011

Posted on October 6, 2011 by research

MARKET ACTION: Investors jumped on a 150-point rebound in the Dow overnight, pushing the benchmark composite higher off the opening bell. The momentum faded just a quickly however with the realities over Europe posing the drag. The third session of … Continue reading →

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Corporate News: Atok-Big Wedge Co., Inc. (AB)

Posted on October 5, 2011 by research

Atok-Big Wedge Co., Inc. (AB) has acquired 100% of Hong Kong-listed Tidemark Holdings, Ltd. Tidemark owns 8.65m common shares of Forum Pacific Plc, or 25.9% of its outstanding capital. Forum Energy has a 70% stake in SC 72 offshore gas … Continue reading →

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Corporate News: Alliance Select Foods International (FOOD)

Posted on October 5, 2011 by research

Alliance Select Foods International (FOOD) announced that its seafood unit, Big Glory Bay Salmon and Seafood Co., has exported smoked salmon slices and other retail seafood packs to Hong Kong, Japan and Singapore. The company claims that pipeline orders from … Continue reading →

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Corporate News: Belle Corp. (BEL)

Posted on October 5, 2011 by research

Belle Corp. (BEL) said that its recent PhP4.5bn stock rights offer was 13% oversubscribed. A total 1.7bn rights shares were subscribed by shareholders out of the 1.51bn rights shares offered by the company. Priced at PhP3.0 per rights share, BEL … Continue reading →

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Corporate News: Abra Mining & Industrial Corp. (AR)

Posted on October 5, 2011 by research

Abra Mining & Industrial Corp. (AR) confirmed details of the deal with Olympus Pacific Minerals, Jabel Corp, Kadabra Mining Corp, and Philearth Mining Corp. for a gold exploration project in Abra province. Under the Joint Venture Agreement between the parties, … Continue reading →

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Market Summary and Outlook: WEDNESDAY, OCTOBER 5, 2011

Posted on October 5, 2011 by research

Falling global equity markets pulled local share prices again on Tuesday as the negative effects of possible loan defaults could spread. The PSEi benchmark index shed 35.91 points, or 0.9% lower from Monday, to close at 3,829.92 on increased trading … Continue reading →

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DAILY VIEW: WEEK 40, TD 192/193, October 4/5, 2011

Posted on October 5, 2011 by research

MARKET ACTION: Fears over Greece’s fate remained on top of trading decisions on the second session for the week, opening the first month of the quarter with an extended 2-session decline. The PSEI dropped 28 points at the opening bell, … Continue reading →

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PSEi Performance – Gainers, Losers, Most Active – 10/04/2011

Posted on October 4, 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 … Continue reading →

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Corporate News: San Miguel Corp. (SMC)

Posted on October 4, 2011 by research

San Miguel Corp. (SMC) confirmed reports that it is selling its Limay combined cycle power facility in Bataan to still-unidentified investors due to high input costs. SMC is selling the 620-MW Limay after two years of ownership. It may concentrate … Continue reading →

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