Daily Archives: October 11, 2011

PSEi Performance – Gainers, Losers, Most Active – 10/11/2011

                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 … Continue reading

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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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