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Monthly Archives: March 2013
Accord Capital Daily, Wednesday, March 27, 2013
As of the noon break, the PSEI has held the session’s gains topping the 6,650 resistance. Value turnover has continued to light as the market prepares for an extended Lenten break. Except for a mild surge in the early afternoon, … Continue reading
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Accord Capital Daily, Tuesday, March 26, 2013
ASIAN MARKETS OPENED THE WEEK WITH OPTIMISM as reports that Cyprus may have averted a default filled the wires. Japanese stocks sustained a bullish run that marked Shinzo Abe’s return to the leadership of the world’s 3rd largest economy. Recently … Continue reading
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Accord Capital Daily, Monday, March 25, 2013
MARKET RECAP INVESTORS CAVED IN TO INCREASING PRESSURES FROM RISING EXTERNAL risks, extending the preceding full week decline to the first three sessions of last week. Bets that the selling may have been overdone as the index breezed past support … Continue reading
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Accord Capital Daily, March 22, 2013, Friday
CASH DIV GMA7 php0.25 per share, ex-date April 12, payment date May 14.
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Market Daily for Friday, 22 March 2013
March 22, 2013 HIGHLIGHTS: SMC 2012 net income attributable to holders jumps 57% to PhP27.6bn on revenues FLI 2012 net income rises 17% to PhP3.4bn real estate sales, rental income TA to invest up to PhP1.5bn for 2nd power plant … Continue reading
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Accord Capital Daily, Thursday, March 21, 2013
Chinese stocks, battered in recent days by growing concerns a tightening bias to curb property bubbles, rebounded as a Morgan Stanley strategist wrote the Hang Seng may climb to 50,000 by 2015 as central banks maintain loose policies and the … Continue reading
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Market Daily for Thursday, 21 March 2013
March 21, 2013 HIGHLIGHTS: World Bank approves US$300m development policy loan for PHL BRN unit signs deal to supply power to SOCOTECO PF 2012 net income flat at PhP4.2bn on 7% increase in revenues ICT Mauritius hikes Pakistan International Container … Continue reading
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Accord Capital Daily, Tuesday, March 19, 2013
TRADING this market has become even more challenging. Prior to last week, optimism was so thick there was a collective conviction amongst investors that a correction, imminent and necessary, will be an opportunity to take fresh positions ahead of 1Q … Continue reading
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Accord Capital Daily, Monday, March 18, 2013
Based on the monthly data since 2007 to the present, the average 12 month returns of the market, and the various sectors tabled herein. Over the same period, the risks, as measured by standard deviation is calculated and presented. These … Continue reading
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Market Daily for Friday, 15 March 2013
March 15, 2013 HIGHLIGHTS: Monetary Board keeps key policy rates unchanged but cuts SDA rates APO gets option to buy part of OV stake in Area 15 contract AGI 2012 core net income up 60% to PhP13.6bn on property, liquor … Continue reading
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