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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.

On Balance: Daily Notes for August 11, 2020

OUR VIEW The local bourse gained in the session, up by 84.90 points or 1.45%, to 5,930.92 due to the bargain hunting, particularly in the Property sector. Investors picked up on this sector after it had the biggest loss last … Continue reading

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On Balance: Trading Guide for August 10 to August 20, 2020

Philstocks Trading Guide We are glad to share this Philstocks Trading Guide to help you widen your trading opportunities and become a more effective stock market trader. Stocks on focus: EEI, HOME, APX For the full research,  kindly go here: PTG – August … Continue reading

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On Balance: Daily Notes for August 7, 2020

OUR VIEW Wait and see if the market returns above the 6,000 psychological resistance line. Philippines has officially entered recession territory after second quarter gross domestic product (GDP) contracted by 16.5% y/y, while the first quarter was downwardly revised to … Continue reading

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On Balance: Daily Notes for August 6, 2020

OUR VIEW Book some gains after the two-day weak rally, along with the anticipated dismal second quarter GDP data to be released today. Philstocks forecasts GDP to contract by 14.00%, while the government range it from -5.7% to -6.7%. Second … Continue reading

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On Balance: Daily Notes for August 5, 2020

OUR VIEW Trade between 5,700 and 5,900 levels. Inflation rate will be released today; we project it at 2.6%. This is still benign, and we may look at consumer stocks offering essential products since lower inflation increases the purchasing power … Continue reading

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On Balance: Daily Notes for August 4, 2020

OUR VIEW Trade cautiously as the Modified Enhanced Community Quarantine (MECQ) has started in high risk areas including the National Capital Region. Look for support of stocks that were most battered yesterday, as there will be a possible rebound. Chart-wise, … Continue reading

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On Balance: Weekly Notes for August 3, 2020

OUR VIEW FOR THE WEEK Sell positions as the implementation of MECQ in NCR, Bulacan, and selected CALABARZON areas, and dismal Q2 GDP and corporate earnings are seen to keep the market in its bearish bias. The local bourse is … Continue reading

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On Balance: Daily Notes for July 30, 2020

OUR VIEW Book some gains as the PSEi nears the resistance level or wait if the market returns above the 6,000 –mark. Instead of placing Metro Manila under Modified Enhanced Community Quarantine (MECQ), some are suggesting for localized lockdown which … Continue reading

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On Balance: Daily Notes for July 29, 2020

OUR VIEW Trade cautiously amid lack of strong catalyst in the market while waiting for the second quarter results and next quarantine guidelines after July 31. Covid-19 cases are still being monitored by the investors. Wait if the market returns … Continue reading

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On Balance: Company Report (MBT)

COMPANY REPORT PHILSTOCKS ACTION PLAN We advise buying on an accumulative basis for MBT based from its expected growth, future prospects, and valuations. We expect MBT to be an outlier within the banking sector. In our point of view, it … Continue reading

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