Monthly Archives: September 2012

Market Daily for Thursday, 20 September 2012

Posted on September 20, 2012 by research

Market Daily for Thursday, 20 September 2012 HIGHLIGHTS: The country’s unemployment rate dips to 7% in July FLI to complete 10-floor AZ Building in Alabang 4Q12 TA to sell partial stake in SC 55 to Frontier Gasfields MMI investor Siam … Continue reading →

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Accord Capital Daily, Thursday, September 20, 2012

Posted on September 20, 2012 by research

THE PSEI dropped off the opening bell but gained enough traction after hitting technical support at 5,300 to narrow losses by half at the close. For the fourth day after the end of the Ghost Month, value turnover broke above … Continue reading →

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Accord Capital Daily, Wednesday, September 19, 2012

Posted on September 19, 2012 by research

Thus far, the Main Index has reached a high of 5,403.16 (intra-day) and 5,369.98 (close), still a good 5.0% to 9.0% below the lower end of the projected band. Alternatively, our estimates assumes aggregate equity prices will rise between 28% … Continue reading →

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Market Daily for Wednesday, 19 September 2012

Posted on September 19, 2012 by research

Market Daily for Wednesday, 19 September 2012 HIGHLIGHTS: Consumer confidence improves in 3Q12 on rising expectations FOOD looking to list shares in Singapore exchange DIZ signs agreement with Capital Gold Pty of Australia AT copper production dips in August to … Continue reading →

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Market Daily for Tuesday, 18 September 2012

Posted on September 18, 2012 by research

Market Daily for Tuesday, 18 September 2012 HIGHLIGHTS: Remittances climb 5.4% to US$2.0bn in July but ytd growth slowing AP arranging debt financing for three power plants CYBR plays down airport project on reclamation area GREEN signs jv with Hydroring … Continue reading →

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Accord Capital Daily, Tuesday, September 18, 2012

Posted on September 18, 2012 by research

TWO THINGS invite optimism in the market as we move in deeper into week 38. One, the PSEI is just 19 points off the all-time closing high of 5,369.98; and Two, value turnover has picked up, breaching the 14pd moving … Continue reading →

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Market Daily for Monday, 17 September 2012

Posted on September 17, 2012 by research

Market Daily for Monday, 17 September 2012 HIGHLIGHTS: Merchandise exports rise 7.8% in July from 4.3% in June despite electronics slump ALI pulls out of major Bacolod development project on govt delays SPH to buy 100% of Moondish Corp; invest … Continue reading →

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Accord Capital Daily, Monday, September 17, 2012

Posted on September 17, 2012 by research

FRIDAY’s strong close may have lit hopes that the worst may be over. To some, this calls for a readjustment of price entry levels – an argument that falls squarely on a previous proposition we forwarded that the seemingly high … Continue reading →

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Accord Capital Daily, Friday, September 14, 2012

Posted on September 14, 2012 by research

The domestic economy continues to gain the confidence of the global community even as growth estimates fall short of the government’s 5.0% to 6.0% targets. According to a report, GlobalSource Partners. Inc. has raised its 2012 growth forecast to 5.8% … Continue reading →

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Accord Capital Daily, Thursday, September 13, 2012

Posted on September 13, 2012 by research

Attention shifts to monetary authorities both here and abroad with the Bangko Sentral ng Pilipinas expected to leave rates unchanged following two successive tweaks. Bets on the US Federal Reserve’s move however remain under a tight watch, although the market … Continue reading →

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