Monthly Archives: January 2013

Market Daily for Tuesday, 15 January 2013

January 15, 2013 HIGHLIGHTS: MWC to increase water rates at Boracay unit MIH to change name to MELCO Crown, hike authorized capital PGOLD to acquire Eunilane and Grocer E supermarkets AGI’s Emperador to buy Spain-based brandy producer Bodega San Bruno … Continue reading

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Accord Capital Daily, Monday, January 14, 2013

THE PSEI gained for a second straight week and in the process re-wrote the record book three more times. The Main Share Index has closed at record levels in six (6) of the first eight (8) sessions of 2013. A … Continue reading

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Market Daily for Monday, 14 January 2013

January 14, 2013 HIGHLIGHTS: DNL greenshoe IPO shares to be exercised by underwriter PERC consortium to expand oil production in Gabon RCB approved early note redemption ALI & PRC to develop Sta Ana racetrack into entertainment hub Valuation table  

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Accord Capital Daily Highlights, Friday, January 11, 2013

Now that the market has dropped by a substantial degree, trades moving forward will be a test of investors’ faith in the promising outlook for the year. If the late rebound is any indication, we may see a restoration of … Continue reading

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Market Daily for Friday, 11 January 2013

January 11, 2013 HIGHLIGHTS: Philippine export growth slows to 5.5% in November from 6.1% a month earlier NIKL ore sales hit record 11.7m WMT in 2012 GTCAP raises PhP14.3bn in placement, lifting public float to 40% Valuation table  

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Accord Capital Daily, Thursday, January 10, 2013

LAST YEAR, it took seven sessions for the index to post a new record close. This despite a cautious outlook from market watchers as global financial markets braced for a then-almost-certain Greece default, the impeachment trial of the Supreme Court … Continue reading

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Market Daily for Thursday, 10 January 2013

January 10, 2013 HIGHLIGHTS: PXP looks ahead to resume talks with CNOOC; mining subsidiary to suspend operations SMC to bid for Mactan-Cebu airport project ICT unit buys controlling stake in Pakistan port operator MER to increase 2013 capex by 30% … Continue reading

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Market Daily for Wednesday, 9 January 2013

January 9, 2013 HIGHLIGHTS: Philippines gross international reserves rise 11.8% to US$84.2bn in 2012 AEV sells its stake in City Savings Bank to UBP RFM sets 20% net income growth for 2013, valuing stock at 20x PE Valuation table  

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Accord Capital Daily, Tuesday, January 8, 2013

THE BULLS ARE CLEARLY IN CONTROL. This may be the understatement of a four-day old trading year given the result – four record closes in as many days. Last year, the PSEI broke the record in the number of records … Continue reading

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2013 Outlook

2013 Industries and Market Outlook Select conglomerates and stocks with exposure to infrastructure, property and power will be top plays for 2013; gaming and media stocks to be active in 1H13. PSEi maximum target price at 7,400 for a 25% … Continue reading

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