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Monthly Archives: October 2011
Market Summary and Outlook: October 21, 2011
The lack of fresh domestic leads pulled local share prices lower Thursday as investors reduced positions following a decline in US equity markets overnight. The main index shed 22.98 points, or 0.55% lower from the previous session, to close at … Continue reading
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Daily Market Outlook: TD 203, October 21, 2011
MARKET ACTION: October 20, 2011_Thursday AS IT WAS on the upside, so it is on the downside. Although European markets edged higher, the outlook dimmed in after hour trades as Germany and France continued to wrangle on the details of … Continue reading
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Daily Market Outlook: TD 202, October 20, 2011
MARKET ACTION: October 19, 2011_Wednesday STOCKS erased more than half of the previous session’s low, further validating the 4,130-technical support but still failing to gain past the 4,200 mark. Sentiments by and large remains tied-up to Europe’s fate, as most … Continue reading
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Economic Outlook: October 19, 2011
Today’s stock index movement was less than stellar, yet it reflected the wave of confidence from the increase of yesterday’s Dow index. The Dow index rose up 180-point, equivalent to a 1.58% increase in the value of the American index. … Continue reading
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PSEi Performance – Gainers, Losers, Most Active – 10/19/2011
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
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Corporate News: Phinma Corp. (PHN)
Phinma Corp. (PHN) is likely to postpone its plan to publicly list its property arm PHINMA Property Holdings Corp. due to poor market conditions. It wanted to raise between PhP1.0bn to PhP1.5bn from the offer to fund property projects in … Continue reading
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Corporate News: Cebu Air, Inc. (CEB)
Cebu Air, Inc. (CEB) said it flew almost 2.8 million passengers in the quarter ending September 2011, 12% higher from the same period in 2010, as the number international passengers surged. Year-to-date, CEB has flown over 8.7m passengers, on track … Continue reading
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Market Summary and Outlook: October 19, 2011
A sharp drop in global equity markets caused local share prices to slide Tuesday, prompting investors to take profits following an impressive eight-day rally. The PSEi main index fell by 57.19 points, or 1.36% lower from Monday, to end the … Continue reading
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Economic Outlook: October 18, 2011
The German Chancellor’s chief spokesman, Steffen Seibert, has made a statement earlier that the European leadership will not provide a quick ending to the debt crisis hounding the continent, going against hopes of global policy makers pushing for the resolution … Continue reading
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PSEi Performance – Gainers, Losers, Most Active – 10/18/2011
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
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