Monthly Archives: October 2012

Accord Capital Daily, October 22, 2012, Monday

Posted on October 22, 2012 by research

THE GAINS MADE BY THE AQUINO ADMINISTRATION ON ENSURING POLITICAL STABILITY AND PROGRESSING TOWARDS FISCAL CONSOLIDATION were cited by Standard and Poor’s as the main pillars the country can bank on to address what it sees as “credit weakness” – … Continue reading →

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Market Daily for Thursday, 18 October 2012

Posted on October 18, 2012 by research

Market Daily for Thursday, 18 October 2012 HIGHLIGHTS: Manufacturing value of production expand 3% in August from 2.5% in July RFM to sell Swift brand name and assets to Century Canning Corp MPI throws support behind govt PPP program BLOOM’s … Continue reading →

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Accord Capital Daily, Thursday, October 18, 2012

Posted on October 18, 2012 by research

TRADES began somewhat tentative, with the PSEI unable to sustain an opening minute surge, meeting early resistance past 5,420. It was only after the noon recess that the rise gained traction, taking into account an overnight, 100+ points advance in … Continue reading →

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Market Daily for Wednesday, 17 October 2012

Posted on October 17, 2012 by research

Market Daily for Wednesday, 17 October 2012 HIGHLIGHTS: AT produces 1.3m tons of copper ore in Sept EW now has 188 branches nationwide; to reach 350 by 2014 GTCAP to expand Panay Energy capacity to 150 MW CEB to service … Continue reading →

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Market Daily for Tuesday, 16 October 2012

Posted on October 16, 2012 by research

Market Daily for Tuesday, 16 October 2012 HIGHLIGHTS: Remittances in August rise 7.9% to US$2.0bn, highest rate in nine months MPI to delist tollway unit TOL PNX acquires 100% of Chelsea Shipping APM taps Evercore Partners to explore corporate options … Continue reading →

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Accord Capital Daily, Tuesday, October 16, 2012

Posted on October 16, 2012 by research

THE PSEI settled above the 5,370-line at the commencement of week 42 trades. The market swung between gains and losses throughout the session with investors a bit uncertain as to where to focus on. The domestic picture continues to lend … Continue reading →

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Market Daily for Monday, 15 October 2012

Posted on October 15, 2012 by research

Market Daily Highlights for Friday, 15 October 2012 HIGHLIGHTS: BSP hints at a possible rate cut at October meeting NIKL 9M12 output increases 16% but value dips 6% on weak prices TEL unit buys CLOUD from IP AC increases stake … Continue reading →

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Accord Capital Daily, Monday, October 15, 2012

Posted on October 15, 2012 by research

Accord Capital Daily Highlights: 1. Technical Levels entering Week 42: support @ 5,330-5,350; resistance after 5,370 @5,400-5,420 2. PSEi year-end projected range staysat 5,600 to 5,800. 3. Philippine stocks post 18.3% year-to-date gains, even as quarter-on-quarter change shows a slight … Continue reading →

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Market Daily for Friday, 12 October 2012

Posted on October 12, 2012 by research

Market Daily for Friday, 12 October 2012 HIGHLIGHTS: Foreign portfolio investments net inflow reach US$407 in September Domestic vehicle sales up 2.8% in September; up 6% year-to-date TEL loses SC appeal to dismiss foreign ownership issue SM hikes bond sale … Continue reading →

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Accord Capital Daily, October 12, 2012

Posted on October 12, 2012 by research

The scales were balanced somewhat by reports the Standard and Poor’s raised its forecast for Philippine growth even as it hints at external threats possibly presenting an obstacle to its quest for investment grade. The agency revised its GDP projections … Continue reading →

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