Author Archives: LawrenceAaron_DeLeon

Market Daily for Tuesday, 19 August 2014

August 19, 2014 HIGHLIGHTS: CPG 1H14 net income at PhP1.06bn, slightly higher from 1H13 STI forms partnership with TATA Consultancy to develop its business courses AT 1H14 net income up 32% to PhP989m on revenues JFC sales jump 28% on … Continue reading

Comments Off

Market Daily for Thursday, 7 August 2014

August 7, 2014 HIGHLIGHTS: PCOR 1H14 net income jumps 172% to PhP3bn on sales volume GLO 1H14 core net income up 18% to PhP7.6bn on service revenues JFC plans to open stores in Malaysia and Indonesia, hints at strong 2Q14 … Continue reading

Comments Off

Market Daily for Friday, 11 July 2014

July 11, 2014 HIGHLIGHTS: FDIs jump four-fold to US$597m in April; up 9% to US$2.4bn ytd TA wins three hydro contracts from DoE PXP gets drilling extension in West Philippine Sea TEL likely to hit 1H14 core net income target … Continue reading

Comments Off

Market Daily for Wednesday, 9 July 2014

July 9, 2014 Market Daily for Wednesday, 9 July 2014 HIGHLIGHTS: 1. Gross international reserves slightly higher to US$80.7bn at end-June 2. MEG to develop McKinley West, a PhP45bn township project 3. PCKH reveals details of acquisition of Max’ Group 4. … Continue reading

Comments Off

Market Daily for Friday, 4 July 2013

July 4, 2014 HIGHLIGHTS: GERI to speed up launch of Southwoods City project CPG sees completion of 25 new towers by 2019 HOUSE to begin construction of 1st residential condo project TA going for bigger wind energy projects SMC’s Philippine … Continue reading

Comments Off

Market Daily for Thursday, 3 July 2014

July 3, 2014 HIGHLIGHTS: The Cavite-Laguna Expressway may face delay on SMC appeal TEL to invest on Asia-America Gateway cable link upgrade AC to allocate US$300m for infra projects through 2019 RFM targets 2014 net income of PhP1.0bn; trading at … Continue reading

Comments Off

Market Daily for Wednesday, 2 July 2014

July 2, 2014 HIGHLIGHTS: Banks’ outstanding loan growth in May up 21% y-o-y Domestic liquidity up 28% y-o-y in May, slower from April AEV to participate in more govt PPP projects SMPH loses TRO bid for North EDSA rail common … Continue reading

Comments Off

Market Daily for Friday, 27 June 2014

June 27, 2014 HIGHLIGHTS: Tourist arrivals in Jan-Apr period slows sharply to 1.7m BLOOM to tie up with AirAsia Zest for Solaire promotion RRHI to open 300 stores from PhP7bn capex PX may borrow to fund Silangan mine GERI sees … Continue reading

Comments Off

Market Daily for Wednesday, 25 June 2014

June 25, 2014 HIGHLIGHTS: Philippines gets small amount of Asia FDI inflows says UN MPI’s NLEX-SLEX project may face delays; MPI buys additional stake in MER GMA7 agrees to sell stake to Ramon Ang ORE gets favorable court order for … Continue reading

Comments Off

Market Daily for Tuesday, 24 June 2014

June 24, 2014 HIGHLIGHTS: Philippines to negotiate open skies policy with South Africa, Russia AEV wins bulk water contract in Davao City EMP cited as a major brandy producer DD and SM to put up CityMall in Cavite GLO raising … Continue reading

Comments Off