Author Archives: LawrenceAaron_DeLeon

Market Daily for Wednesday, 24 April 2013

Posted on April 24, 2013 by LawrenceAaron_DeLeon

April 24, 2013 HIGHLIGHTS: Asia United Bank set to sell shares through PhP9.7bn IPO next month AGI quiet on reports on IPO of Travellers International unit TA signs 5 year power purchase deal with KEPCO-SPC AP subsidiary Hedcor developing a … Continue reading →

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Market Daily for Tuesday, 23 April 2013

Posted on April 23, 2013 by LawrenceAaron_DeLeon

April 23, 2013 HIGHLIGHTS: MER reports 1Q13 core net income of PhP4.0bn, up 17.6% y-o-y PSB 1Q13 net income surges 273% to PhP2.0bn COAL subscribes to Titan Gold Mining Valuation table  

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Market Daily for Friday, 19 April 2013

Posted on April 19, 2013 by LawrenceAaron_DeLeon

April 19, 2013 HIGHLIGHTS: BSP relaxes forex rules to help stabilize Peso rate AC unit and TA agree to buy power from JV firm VUL board approves corporate change into National Book Store ICT to spend capex on port developments … Continue reading →

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Market Daily for Thursday, 18 April 2013

Posted on April 18, 2013 by LawrenceAaron_DeLeon

April 18, 2013 HIGHLIGHTS: IMF lifts Asia region economic growth for 2013 LTG completes PhP37.7bn share sale to institutional investors EDC wind farm begins construction, to operate next year ALI to introduce new affordable hotel chain 2014 Valuation table  

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Market Daily for Wednesday, 17 April 2013

Posted on April 17, 2013 by LawrenceAaron_DeLeon

April 17, 2013 HIGHLIGHTS: SMPH 1Q13 net income climbs 15% to PhP2.8bn on rental revenues GLO to borrow additional US$120m in 1H13 for capex ALI to buy another 32% stake in BPO office developer STI to acquire West Negros University … Continue reading →

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Market Daily for Tuesday, 16 April 2013

Posted on April 16, 2013 by LawrenceAaron_DeLeon

April 16, 2013 HIGHLIGHTS: Remittances in February climb 6.9% y-o-y to US$1.9bn; up 7.5% year-to-date SMC bags NAIA Expressway contract for PhP11bn NIKL sells less nickel in 1Q13 on weak demand SPH 2012 net income up 7% to PhP92m GERI … Continue reading →

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Market Daily for Friday, 12 April 2013

Posted on April 12, 2013 by LawrenceAaron_DeLeon

April 12, 2013 HIGHLIGHTS: Foreign direct investments in January fall 48% to US$576m Foreign portfolio investments in March up 10% m-o-m to US$2.3bn TSI to change primary purpose to holding company, prepare for backdoor listing? DMC declares regular and special … Continue reading →

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Economic Update: February 2013 Exports

Posted on April 11, 2013 by LawrenceAaron_DeLeon

Exports February 2013 February exports drop 15.6% year-on-year on weak electronics

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Market Daily for Wednesday, 10 April 2013

Posted on April 10, 2013 by LawrenceAaron_DeLeon

April 10, 2013 HIGHLIGHTS: ADB hike Phil forecast growth to 6% this year on consumption, investment CPG targets PhP3.0bn income by 2015 on property sales, landbanking PXP increases ownership in Pitkin Petroleum to 50.3% after share purchase EDC resumes operation … Continue reading →

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Economic Update: March 2013 Inflation

Posted on April 8, 2013 by LawrenceAaron_DeLeon

Inflation March 2013 Inflation rate for March dips to 3.2% from 3.4% in February.  

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