Daily Archives: September 29, 2011

PSEi Performance – Gainers, Losers, Most Active – 09/29/2011

Posted on September 29, 2011 by research

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 →

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DAILY VIEW: WEEK 39, TD 189, September 29, 2011

Posted on September 29, 2011 by research

RP SHARE PRICES REBOUND Asian markets slide as optimism fades on mixed signals from Europe SHARE PRICES REBOUNDED STRONGLY AT THE START OF THE SESSION BUT SOON RAN OUT OF REASONS TO SUSTAIN THE RUN AS THE DEVELOPING EUROPEAN DEBT … Continue reading →

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Corporate News: Benguet Corp. (BC)

Posted on September 29, 2011 by research

Benguet Corp. (BC) approved the proposed quasi reorganization and equity restructuring plan to reverse the company’s negative retained earnings. Its PhP2.2bn in negative retained earnings will be offset by revaluation increments in land and capital surplus, which, once completed, will … Continue reading →

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Corporate News: PetroEnergy Resources Corp. (PERC) and Trans Asia Oil Energy and Development (TA)

Posted on September 29, 2011 by research

PetroEnergy Resources Corp. (PERC) has signed a 10-year PhP2.4bn loan with Rizal Commercial Banking Corp. (RCB) and Bank of the Philippine Islands (BPI) to finance the construction and development of Maibarara Geothermal Inc’s power project in Batangas. Maibarara Geothermal will … Continue reading →

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Corporate News: Aboitiz Power Corp. (AP)

Posted on September 29, 2011 by research

Aboitiz Power Corp. (AP) and Marubeni Corp. of Japan have agreed to develop, construct and operate a power plant in Quezon province. The proposed power plant will have a capacity of 400 MW and will be put up within the … Continue reading →

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Corporate News: AGP Industrial Corp. (AGP) and NiHao Mineral Resources (NI)

Posted on September 29, 2011 by research

AGP Industrial Corp. (AGP), NiHao Mineral Resources (NI) and Glencore International have agreed to form a venture that will utilize technical expertise in the mining industry. It will engage in identifying, acquiring, developing and operating mining claims of nickel deposits … Continue reading →

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Market Summary and Outlook: September 29, 2011

Posted on September 29, 2011 by research

Easing concerns and a sharp rally in major foreign equity markets boosted local share prices higher on Wednesday as investors hunted blue-chip and mining stocks on bargain. The PSEi main index surged 154.90 points, or 4.16% to close at 3,876.12 … Continue reading →

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