Monthly Archives: January 2012

Market Daily: January 18, 2012

Market Summary and Outlook: The release of encouraging economic indicators and expectations of higher 1Q12 growth propelled the local stock market sharply higher Tuesday on stronger financial and property stocks. The PSEi benchmark index jumped a healthy 63.84 points, or … Continue reading

Comments Off

The Daily S.W.I.M. – January 17, 2012

As compared to yesterday’s surprising stock market performance, a wave of confidence emerged, a probable response to yesterday’s market dip below the 4,600-point range. The morning session opened today with 4,581.70 points, 2.78 points higher than yesterday’s closing price. A … Continue reading

Comments Off

Market Daily: January 17, 2012

Market Summary and Outlook: Follow through selling and profit-taking pulled local share prices lower for the second straight session Monday as investors take a breather from this month’s new year rally and were partially distracted by the ongoing impeachment trial … Continue reading

Comments Off

The Daily S.W.I.M. – January 16, 2012

The weekend news of Europe receiving countless downgrade blows from credit rating agency Standard & Poor’s has triggered Asian markets to stumble down over the start of the new week. Once again, Europe’s debt crisis is rearing its ugly head … Continue reading

Comments Off

Spotlight: Lepanto Consolidated Mining Corporation (LC and LCB)

LEPANTO CONSOLIDATED “A” [pse: LC] > price trend still rising, with initial warnings of a possible reversal at <php1.69 to php1.71 range; >Stock has gained php0.18 or 11.61% year-to- date (to January 13, Friday); >All underlying indicators suggest a near-term … Continue reading

Comments Off

Market Report: January 16, 2012

January 16, 2012, Monday, WK03 TD011 2012 OUTLOOK: EUROPE began to rear its ugly head Friday, snapping extended rallies in global equity markets including ours. It’s all a matter of perspective. Europe’s problems have been on top of investors’ list … Continue reading

Comments Off

Market Daily: January 16, 2012

Market Summary and Outlook: Speculation over lower interest rates pushed share prices higher for the second straight week this year as investors loaded up on property and real-estate-related conglomerate stocks. The benchmark PSEi index rose 130.47 points, or 2.91% higher … Continue reading

Comments Off

International Container & Terminal Services, Inc. (ICT)

Enrique Razon-led International Container & Terminal Services (ICT) has surged alongside the recent bullish ascent of the PSE index, and with good measure. For starters, in the start of the year and of the month, ICTSI disclosed that it will … Continue reading

Comments Off

Market Report: January 13, 2012

January 13, Friday WK02, TD010_2012 OUTLOOK: US stocks are expected to remain flat (based on early futures indication) as investors seek a balance between the domestic economy’s improving health and the still shaky European situation. For much of the first … Continue reading

Comments Off

Market Daily: January 13, 2012

Market Summary and Outlook: The 2012 new year rally continued to advance Thursday as the market closed slightly higher despite some expected profit-taking. The PSEi main index ended the day 2.25 points higher, or 0.05% up from the previous day, … Continue reading

Comments Off