Monthly Archives: October 2011

Economic Outlook: October 11, 2011

The global economy met the news of the France and Germany agreeing to recapitalize European banks and move the ailing European economy out of the debt crisis. While there is no definite amount that was stated to be given in … Continue reading

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DAILY VIEW: WEEK 41, TD 195-196, October 10-11, 2011

MARKET ACTION: Monday, October 10, 2011 Share prices opened the week on a positive note, rising 31.32 points (0.78%) to sustain the Main Index above the 4,000-line at 4,040.58. Optimism surged as Europe appeared to move closer to resolving the … Continue reading

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Corporate News: Lepanto Consolidated Mining (LC, LCB)

Lepanto Consolidated Mining (LC, LCB) announced that development at its Victoria orebody mine has been completed and production has resumed. It expects deliveries to double to 2,000 tons per day with a gold production of 13,000 ounces for 4Q11. Buy … Continue reading

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Corporate News: AGP Industrial Corp. (AGP)

AGP Industrial Corp. (AGP) said that its partnership with Glencore International AG and NiHao Mineral Resources (NI) are set to identify possible mining projects through its subsidiaries, namely: Alta Minera, Inc. and Breccia Resources, Inc. In addition, the company expects … Continue reading

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Corporate News: Banco de Oro Unibank, Inc. (BDO)

Banco de Oro Unibank, Inc. (BDO) issued PhP6.5bn worth of Peso Unsecured Subordinated Notes last Friday. Qualified as Tier 2 capital, the notes carry a coupon of 6.375% with a maturity of 10 years and months from issue date. The … Continue reading

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Market Summary and Outlook: October 11, 2011

Extended bargain-hunting of undervalued stocks pushed share prices higher again on Monday sending the index to a two-week high. The PSEi main index rose by 31.32 points, or 0.78% higher from Friday, to close at 4,040.58 on light trading volume. … Continue reading

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Economic Outlook: October 10, 2011

The world became Apple-centric last week as the technological giant received two heavy blows: the lackluster reception of its iPhone 4S, as well as the death of one of its co-founders, Steven Paul “Steve” Jobs. As a result, the post-Jobs … Continue reading

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PSEi Performance – Gainers, Losers, Most Active – 10/10/2011

                    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 … Continue reading

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WEEKLY VIEW: WEEK 41, TD 195-199, 10 to 14 October 2011

THE HUNT FOR BARGAINS MAY RISE A NOTCH AS INVESTORS BEGIN TO FOCUS ON THE FUNDAMENTALS WHILST KEEPING SENTIMENTS IN CHECK. EUROPE’S TROUBLES WILL CONTINUE TO INFLUENCE TRADES, BUT LAST WEEK’S DEVELOPMENTS HAVE EASED, BUT NOT ERASED, FEARS OF A … Continue reading

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

Atlas Consolidated Mining and Development Corp. (AT) reported that total mill throughput for September 2011 reached 1.17m tons of ore, resulting in the production of 10,624 dry metric tons of copper concentrate. In addition, two shipments of copper concentrates totaling … Continue reading

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