Monthly Archives: January 2013

Market Daily for Wednesday, 23 January 2013

Posted on January 23, 2013 by LawrenceAaron_DeLeon

January 23, 2013 HIGHLIGHTS: Fitch Ratings sees a Philippines upgrade rating soon CHIPS expects 25% sales growth in 2013 on demand recovery PNB-Allied Bank to merge on 9 February JFC to spend PhP5.5bn on 300 new stores this year MER … Continue reading →

Comments Off

Accord Capital Daily, Tuesday, January 22, 2013

Posted on January 22, 2013 by research

THE QUESTIONS OF WHEN A CORRECTION WILL TAKE PLACE, what will cause it and how deep it will be, remains unanswered after the Bull stamped out any doubt on its dominance. Thus, the PSEI continued to defy a uniquely common … Continue reading →

Comments Off

Market Daily for Tuesday, 22 January 2013

Posted on January 22, 2013 by LawrenceAaron_DeLeon

January 22, 2013 HIGHLIGHTS: PGOLD pays 100% of Company E for PhP330m LOTO revenues hit record PhP11.7bn in 2012 on PCSO GTCAP gets Aaa rating for its PhP10.0bn fixed rate bond SM to enter in 50-50 partnership with Waltermart Valuation … Continue reading →

Comments Off

Accord Capital Daily, Monday, January 21, 2013

Posted on January 21, 2013 by research

THERE MAY HAVE NEVER BEEN A TIME AS NOW when the market appears to have perfectly filled its role as a barometer of a nation’s economic health. If there was one phrase to explain the exuberant mood and bullish tone … Continue reading →

Comments Off

Market Daily for Monday, 21 January 2013

Posted on January 21, 2013 by LawrenceAaron_DeLeon

January 21, 2013 HIGHLIGHTS: NEDA approves PhP146.9bn worth of infrastructure projects til 2017 BCOR unit to open more Mazda car dealerships CEB appeals to govt to lift ban to bid for Cebu Intl Airport PNB-Allied Bank gets merger go signal … Continue reading →

Comments Off

Accord Capital Daily, Friday, January 18, 2013

Posted on January 18, 2013 by research

.MOVING FORWARDON THE SURFACE, the market doesn’t seem to be shifting gears towards a temporary respite from the unceasing advance. Although failing to break record closes in the last three sessions, the index continues to post gains. Thus far it … Continue reading →

Comments Off

Market Daily for Friday, 18 January 2013

Posted on January 18, 2013 by LawrenceAaron_DeLeon

January 18, 2013 HIGHLIGHTS: Banking loans grow 14% in November, slower than 15.8% in October Domestic liquidity expands 9.8% to PhP4.9trn on economic activity Foreign portfolio investment net inflow increase 52% to US$213m in December AT unit Carmen Copper Corp … Continue reading →

Comments Off

Accord Capital Daily Highlights, January 17, 2013

Posted on January 17, 2013 by research

“Evidently, the market is challenged to sustain levels above 6,100 – at least this early in the year. If projections for the full year are accurate, this failure to breach the mark is but temporary. The consensus year-end range for … Continue reading →

Comments Off

Market Daily for Wednesday, 16 January 2013

Posted on January 16, 2013 by LawrenceAaron_DeLeon

January 16, 2013 HIGHLIGHTS: Remittances grow 7.6% annually to US$2.1bn in November URC FY12 net income jumps 63% to PhP8.1bn on sales and other items AC and BRN to construct clean coal power plant in Iloilo Valuation table  

Comments Off

Accord Capital Daily, Tuesday, January 15, 2013

Posted on January 15, 2013 by research

ABSENT negative leads, investors continued to beef up their equity portfolio even as the earnings season lie in wait for at least two weeks. Yet neither were there any strong positive leads that could’ve foddered optimism even more. In fact, … Continue reading →

Comments Off