Monthly Archives: September 2011

DAILY MARKET VIEW: TD 181, 19 September 2011

MARKET FAILS TO EXTEND RALLY, ENDS FLAT RIDING on a 180 points rise in the Dow overnight and the easing of tensions in Europe’s financial state, the local market extended Thursday’s advance restoring a previous support, but failed to end … Continue reading

Comments Off

Market Summary and Outlook: September 19, 2011

Concerns over possible debt defaults abroad, slowing domestic economic growth and elevated market valuations pulled the local stock market lower last week. The main index shed a total 55.90 points, or 1.29% lower week-on-week, to close at 4,290.17 on thinner … Continue reading

Comments Off

PSEi Performance – Gainers, Losers, Most Active – 09/16/2011

DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR MADE AVAILABLE TO OTHERS. UNDER NO CIRCUMSTANCES IS IT TO BE CONSIDERED AS AN OFFER TO SELL OR A … Continue reading

Comments Off

Economic Outlook: September 16, 2011

A wave of confidence swept continental Europe after France and Germany gave their assurance that Europe will still stand with Greece’s debt skirmish. Greece is still committed in paying off its obligations on time in order to reach its fiscal … Continue reading

Comments Off

Corporate News: PLDT (TEL) & Globe Telecom (GLO)

Philippine Long Distance Telephone (TEL) and Globe Telecom (GLO) will interconnect their respective fixed-line phone networks in seven areas before the end of the year. The areas to be geared for full interconnection are: Laguna, Bulacan, Zamboanga, Quezon, Benguet, La … Continue reading

Comments Off

Corporate News: SM Development Corp. (SMDC)

SM Development Corp. (SMDC) is set to launch Mezza II Residences, a 40-story residential condominium project located near SM City Sta. Mesa. The new tower will offer 1,300 units and will cost around PhP2.0bn. Studio, one-bedroom and two-bedroom units will … Continue reading

Comments Off

Market Summary and Outlook: September 16, 2011

Bargain-hunting on property and mining stocks pushed local share prices on Thursday snapping the market’s four-day losing streak. The PSEi main index gained 32.54 points, or 0.76% higher from the previous day, to close at 4,291.40, or moderate trading volume. … Continue reading

Comments Off

PSEi Performance – Gainers, Losers, Most Active – 09/15/2011

DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR MADE AVAILABLE TO OTHERS. UNDER NO CIRCUMSTANCES IS IT TO BE CONSIDERED AS AN OFFER TO SELL OR A … Continue reading

Comments Off

Company News and Developments:NiHAO Mineral Resources International [NI]

NiHAO MINERAL RESOURCES INTERNATIONAL, INC. [NI] For the May to August 2011 period, Oriental Vision Mining Corporation, an affiliate of the Company, has shipped US$10.097 million worth of lateritic nickel ore from its Palhi Nickel Mine to various consignees in … Continue reading

Comments Off

Company News and Developments: RFM CORPORATION [RFM]

RFM CORPORATION [RFM] Property Dividend: 1:45 (1 SFIP share for every 45 RFM shares); ex-date on August 8, 2011; Issue Date on September 21, 2011. Note that the SEC approved number (70,229,846) is less than the earlier declared (70,543,644) with … Continue reading

Comments Off