Author Archives: LawrenceAaron_DeLeon

Market Daily for Tuesday, 2 July 2013

Posted on July 2, 2013 by LawrenceAaron_DeLeon

July 2, 2013 HIGHLIGHTS: 1. Outstanding loans of uni and commercial banks rose 13.1% y-o-y in May 2. PAL to increase authorized capital stock from PhP23bn to PhP30bn 3. CPG pre-sales in 2Q13 up 16% to PhP6.3bn on overseas demand … Continue reading →

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Market Daily for Tuesday, 25 June 2013

Posted on June 25, 2013 by LawrenceAaron_DeLeon

June 25, 2013 HIGHLIGHTS: 1. ORE approves investments of PhP500m from two companies 2. BLOOM to spend PhP21bn for Phase 2 of Solaire casino 3. MPI completes acquisition of 51% stake in Tarlac hospital 4. MWC investment into Jakarta might … Continue reading →

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Market Daily for Monday, 24 June 2013

Posted on June 24, 2013 by LawrenceAaron_DeLeon

June 24, 2013 HIGHLIGHTS: Philippines balance of payments surplus jump 23.5% y-o-y to US$1.5bn in 1Q13 MEG to acquire more GERI and ELI shares for PhP6.9bn MCP to open Belle Grande Casino complex mid-2014 Valuation table  

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Market Daily for Friday, 21 June 2013

Posted on June 21, 2013 by LawrenceAaron_DeLeon

June 21, 2013 HIGHLIGHTS: 1. IMF said Philippine economy to withstand current market volatility 2. ABA to change name to AbaCore Capital Holdings 3. MER gets credit rating boost from Standard & Poor’s 4. LTG’s Tanduay Rum to enter US … Continue reading →

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Market Daily for Thursday, 20 June 2013

Posted on June 20, 2013 by LawrenceAaron_DeLeon

June 20, 2013 HIGHLIGHTS: 1. GLO telecom raising PhP7.0bn through bonds to finance Bayan deal 2. LTG’s Asia Brewery to put up dairy manufacturing plant 3. LRI approves new grinding plant in Teresa, Rizal 4. VLL to raise PhP10bn for … Continue reading →

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Market Daily for Tuesday, 18 June 2013

Posted on June 18, 2013 by LawrenceAaron_DeLeon

June 18, 2013 HIGHLIGHTS: Remittances for April up 7% y-o-y to US$2bn BCOR buys 30% stake in UK-based luxury car dealer MER in talks with Korea’s K-Water to bid for Angat hydro deal PX asks for mining extension to complete … Continue reading →

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Market Daily for Friday, 14 June 2013

Posted on June 14, 2013 by LawrenceAaron_DeLeon

June 14, 2013 HIGHLIGHTS: Monetary Board keeps key interest rates steady; SDA rates unchanged Vehicle sales in first five months jump 23% y-o-y on commercial vehicles TEL to complete stake sale in WEB MWC to spend PhP426bn for 24 year … Continue reading →

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Market Daily for Tuesday, 11 June 2013

Posted on June 11, 2013 by LawrenceAaron_DeLeon

June 11, 2013 Market showing signs of recovery?  

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Market Daily for Friday, 7 June 2013

Posted on June 7, 2013 by LawrenceAaron_DeLeon

June 7,2013 HIGHLIGHTS: April unemployment rate dips to 6.9% from 7.2% last year FLI gets PRS Aaa rating from Phil Rating Services CEB might face a class action suit after Davao mishap Valuation table  

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Market Daily for Thursday, 6 June 2013

Posted on June 6, 2013 by LawrenceAaron_DeLeon

June 6, 2013 HIGHLIGHTS: Headline inflation rate for May remain unchanged at 2.6% ICT unit signs with Indonesian port for 15 year stevedoring services contract SMC remits PhP11bn to DPWH for NAIA Expressway project Private equity fund subscribes PhP2.5bn worth … Continue reading →

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