Author Archives: LawrenceAaron_DeLeon

Market Daily for Monday, 2 December 2013

Posted on December 2, 2013 by LawrenceAaron_DeLeon

December 2, 2013 HIGHLIGHTS: 1. Domestic liquidity expands 32% in October on credit, inflows and SDA 2. Outstanding loans rise slower to 14% in October from 16.2% in September 3. BHI and ALI near to signing a partnership to develop … Continue reading →

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ECONOMIC UPDATE: 3Q13 NATIONAL ACCOUNTS

Posted on November 29, 2013 by LawrenceAaron_DeLeon

3Q13 National Accounts 3Q13 GDP GROWTH RATE SLOWS TO 7% ON SLUGGISH AGRI, SERVICES 9M13 GDP average of 7.4% is teed up to meet gov’t target of between 6% to 7% but succeeding quarters will be slower  

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Market Daily for Wednesday, 27 November 2013

Posted on November 27, 2013 by LawrenceAaron_DeLeon

November 27, 2013 HIGHLIGHTS: Foreign investments approved jumps 87% in 3Q13 to PhP33.1bn BSP confident PHL will hit economic growth targets this year MPI to join second round of bidding for LRT 1 Extension project JGS completes overnight sale of … Continue reading →

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Market Daily for Tuesday, 26 November 2013

Posted on November 26, 2013 by LawrenceAaron_DeLeon

November 26, 2013 HIGHLIGHTS: 1. WB doubles Philippines assistance aid to US$1.0bn for typhoon redevelopment 2. DOTC postpones LRT 1 Extension bidding to 2Q14 3. FDC looking for power opportunities in Luzon and Visayas 4. ROX may see more investments … Continue reading →

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Market Daily for Monday, 25 November 2013

Posted on November 25, 2013 by LawrenceAaron_DeLeon

November 25, 2013 1. BSP’s confidence index rises to 52.3% from 42.8% in 3Q13 ahead of holiday season 2. Dept of Agriculture sees up to PhP10.6bn in damages from Yolanda 3. MWIDE to export pre-fab concrete slabs next year 4. … Continue reading →

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Company Update: DMCI Holdings, Inc. (DMC) 9M13 results

Posted on November 21, 2013 by LawrenceAaron_DeLeon

DMC 9M13 Reported net income up 107% to PhP16.4bn on Maynilad stake sale; core net income up 2% to PhP8.0bn. Power and construction are income drivers as coal and nickel mining operations drag on soft prices and low volumes. Trading … Continue reading →

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Market Daily for Thursday, 21 November 2013

Posted on November 21, 2013 by LawrenceAaron_DeLeon

November 21, 2013 HIGHLIGHTS: BSP hints at higher 2103 and 2014 inflation rates EDC Unified Leyte geothermal complex inoperable due to typhoon damage ALI buys out partner’s 40% stake in El Nido resort SMPH to expand residential and hotel operations … Continue reading →

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Market Daily for Tuesday, 19 November 2013

Posted on November 19, 2013 by LawrenceAaron_DeLeon

November 19, 2013 HIGHLIGHTS: 1. WB to extend US$500m assistance for typhoon recovery 2. CPG 9M13 net income rises 12% to PhP1.6bn on real estate sales 3. GMA7 9M13 net income dips 6% to PhP1.5bn on flat sales, higher expenses … Continue reading →

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Market Daily for Monday, 18 November 2013

Posted on November 18, 2013 by LawrenceAaron_DeLeon

November 18, 2013 HIGHLIGHTS: September remittances reach US$2.1bn; six-straight months above US$2.0bn level LTG 9M13 net income shrinks 18% to PhP6.8bn on weak tobacco, liquor income ABS 9M13 net income up 22% to PhP1.9bn on advertising, consumer sales Valuation table … Continue reading →

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Market Daily for Friday, 15 November 2013

Posted on November 15, 2013 by LawrenceAaron_DeLeon

November 15, 2013 HIGHLIGHTS: Foreign portfolio investment net inflows rise 42% to US$969m in October AGI reports 9M13 net income of PhP14.3bn, up 60% GTCAP 9M13 net income up 44% to PhP7.7bn First Pacific Co. buys 31% of ROX at … Continue reading →

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