Daily Archives: September 12, 2011

Weekly View: Week 37, TD 176-180, September 12-16, 2011

Market to move sideways, bias shifts to value on contrasting internals vis-à-vis externals THE market’s failure to cover half of its intra-week losses sustained through Tuesday will keep investors’ guard up going into week 37 of trades. While this reins … Continue reading

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Corporate News: Atlas Consolidated Mining and Development Corp. (AT)

Atlas Consolidated Mining and Development Corp. (AT) value of shipment dipped slightly in August as total production decreased. Total mill throughput for the month amounted to 1.81 million tons, resulting in a production of 10,031 dry metric tons (DMT) of … Continue reading

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Corporate News: San Miguel Corporation (SMC)

San Miguel Corp. (SMC) revealed that it is planning to list its power subsidiary SMC Global Power Holdings by mid-November 2011. Reports indicate that the planned listing has already been approved by the Securities and Exchange Commission (SEC) but still … Continue reading

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Market Summary and Outlook: September 12, 2011

      Lingering concerns over slowing economic growth spilled over as a result of possible debt defaults in Europe pulled local share prices last week. The PSEi benchmark lost 45.94 points, or 1.04% week-on-week, to close at 4,346.07 on … Continue reading

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