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.

Philstocks Guro Episode 19 (AYALA LAND AND POGO)

Posted on August 23, 2019 by research

PHILSTOCKS GURO We are proud to introduce the first episode of Philstocks Guro – a weekly educational video that will discuss different Stock Investing topics with the purpose of providing learning that may lead to earnings. Today’s lesson: Ayala Land … Continue reading →

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On Balance: Daily Notes for August 23, 2019

Posted on August 23, 2019 by research

OUR VIEW Unload some shares amid global health uncertainties ahead long weekend in the Philippines. House approved on 3rd and final reading a bill increasing excise taxes on alcohol products and e-cigarettes. China urged the Philippines to ban all online … Continue reading →

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On Balance: Daily Notes for August 22, 2019

Posted on August 22, 2019 by research

OUR VIEW Trade cautiously as the bourse may follow overseas markets since catalyst at home is absent. US extended Huawei’s license by 90 days, but added more affiliates onto the Entity List. Chief Executive Lam also said that she would … Continue reading →

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On Balance: Daily Notes for August 20, 2019

Posted on August 20, 2019 by research

OUR VIEW Hold as investors await for fresh leads ahead Ninoy Aquino Day. Fitch Ratings expects the telco industry to continue performing robustly for the rest of 2019. Tax measures may secure another credit rating upgrade within the next two … Continue reading →

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On Balance: Weekly Notes for August 19, 2019

Posted on August 19, 2019 by research

MARKET WRAP PSEi declined -0.74% or -58.41 points to 7,795.98 as fears on global slowdown heightened after yield curve inversion of US treasury yields. Average Value Traded at P8.91 billion, 27% higher w/w. Decliners edged advancers at 149 to 74 … Continue reading →

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Philstocks Guro Episode 18 (Mall Operations)

Posted on August 16, 2019 by research

PHILSTOCKS GURO We are proud to introduce the first episode of Philstocks Guro – a weekly educational video that will discuss different Stock Investing topics with the purpose of providing learning that may lead to earnings. Today’s lesson: Mall Operations … Continue reading →

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On Balance: Daily Notes for August 16, 2019

Posted on August 16, 2019 by research

OUR VIEW BARGAIN HUNT after the market plunged near 7,800 support amid digestion of positive earnings reported yesterday. All earnings reported yesterday, were all higher than the same period last year. Lopez Holdings reported P4.181 billion net income attributable to … Continue reading →

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On Balance: Daily Notes for August 15, 2019

Posted on August 15, 2019 by research

OUR VIEW Trade within 7,770 to 8,000 since the market may move sideways as a reaction to the earnings report and as the Ghost festival begins. EW 1H net income went up by 21% to P2.7 billion due to higher … Continue reading →

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On Balance: Daily Notes for August 14, 2019

Posted on August 13, 2019 by research

OUR VIEW TRADE CAUTIOUSLY in the aftermath of Tuesday’s sell-off which may have exposed bargains as tensions abroad may linger and temper movements in either direction. A slew of positive earnings and sustained advance in fixed income prices supplant this … Continue reading →

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On Balance: Weekly Notes for August 13, 2019

Posted on August 13, 2019 by research

MARKET WRAP The local bourse ended lower this week, down by -3.39% or 275.54 points to 7,854.39 due to worsening trade war and disappointing PH GDP growth. Average Value Traded at P7.02 billion, 12% higher w/w. Losers outpaced winners at … Continue reading →

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