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 September 27, 2019

Posted on September 27, 2019 by research

OUR VIEW Accumulate shares after the BSP cuts interest rates but trade war concerns may linger. BSP cuts rates by 25 bps, from 4.25% to 4.00%; Focus on Banks and Properties. Companies like IMI, TECH, FNI, ANI, that export, particularly … Continue reading →

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On Balance: Daily Notes for September 26, 2019

Posted on September 26, 2019 by research

OUR VIEW Hunt for bargains on the back of interest rate cut expectation but be cautious given the impeachment inquiry into President Trump. • It is expected to cut 25 bps on interest rates to 4.00%; RRR reduction to follow. … Continue reading →

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On Balance: Daily Notes for September 25, 2019

Posted on September 25, 2019 by research

OUR VIEW Accumulate shares amid US-China trade optimism ahead of BSP policy meeting. Watch out for EAGLE, HLCM, EEI and other companies related in the ‘BBB’ program of the government as the state spending is already picking up in August. … Continue reading →

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On Balance: Daily Notes for September 24, 2019

Posted on September 24, 2019 by research

MARKET WRAP The local bourse extended its loses closing at 7,867.51, 3.60 points or 0.05% down amid US-China trade front uncertainties. Value turnover was at P5.855 billion. Decliners edged advancers at 148 to 57 while 45 issues were unchanged. Bargain … Continue reading →

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On Balance: Weekly Notes for September 23,2019

Posted on September 23, 2019 by research

MARKET WRAP The local bourse closed at 7,871.11, 121.21 points or 1.52% down amid geopolitical tensions and US-China trade dispute concerns. Average daily value traded was slightly higher to P6.24 from P6.16 w/w. Losers edged winners at 156 to 80 … Continue reading →

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On Balance: Trading Guide for September 23 to October 4, 2019

Posted on September 23, 2019 by research

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: MBT, PHEN, and PIP For the full research,  kindly go here: On Balance_Trading … Continue reading →

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On Balance: Daily Notes for September 20, 2019

Posted on September 20, 2019 by research

OUR VIEW Accumulate cautiously as buyers pushed the market to stay above 7,900 level which is seen in the candlesticks with long lower shadow. The Fed cuts interest rates by 25 bps to a range of 1.75% to 2.00%. However, … Continue reading →

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On Balance: Daily Notes for September 19, 2019

Posted on September 19, 2019 by research

OUR VIEW BUY if the Fed cut interest rates, however, if it holds then we expect a downward bias in the market. MWIDE, EAGLE, EEI, HLCM and SMC are among of those companies that could benefit as the government spending … Continue reading →

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On Balance: Daily Notes for September 18, 2019

Posted on September 18, 2019 by research

MARKET WRAP PSEi lost 64.67 points or –0.81%, closed at 7,932.23 as investors digested the increase in oil prices. Value turnover was at P5.198 billion. Losers edged winners at 125 to 73 while 44 companies were unchanged. Financials had the … Continue reading →

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On Balance: Daily Notes for September 17, 2019

Posted on September 17, 2019 by research

OUR VIEW The local bourse gained 4.58 points or 0.06% to 7,996.90 due to last minute bargain hunting, erasing earlier losses. Value turnover recorded at P4.962 billion. Decliners edged advancers at 131 to 67 despite the index’s gain, while 46 … Continue reading →

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