Monthly Archives: March 2013

Accord Capital Daily, Thursday, March 14, 2013

Posted on March 14, 2013 by research

PSE Cash Div php9.00 (php4.59 regular; php4.41 special) per share.. ex-date March 26, payment date April 26  

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ERRATUM on COMPANY NEWS

Posted on March 13, 2013 by research

Under Company News, the issuer that whose Board approved a Stock Rights Offering was inadvertently identified in the title line as PHILEX PETROLEUM CORPORATION when it is supposed to have been PHILEX MINING CORPORATION,  The ticker symbol provided, the corporate … Continue reading →

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Accord Capital Daily, Wednesday, March 13, 2013

Posted on March 13, 2013 by research

MARKET RECAP Dow rises for 5th day, S&P nears record as risks ease Europe mixed on China manufacturing, Italian politics Asian markets slump Philippine FDI exceeds targets THE MENU OF POSITIVE LEADS from the US overnight failed to lift sentiments, … Continue reading →

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Market Daily for Wednesday, 13 March 2013

Posted on March 13, 2013 by LawrenceAaron_DeLeon

March 13, 2013 HIGHLIGHTS: RLC to spend PhP6.0bn for new malls this year PNX raises PhP1.2bn from equity placement BLOOM subsidiary increases borrowing for Solaire expansion DOLE orders work stoppage at EDC Leyte plant Valuation table  

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Accord Capital Daily, Tuesday, March 12, 2013

Posted on March 12, 2013 by research

In 2009, the phrase “new normal” was coined by Pacific Investment Management Co. (Pimco) to describe an era of subpar growth and a diminishing role for developed economies. Today, we borrow the phrase and apply it to the local market … Continue reading →

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Market Daily for Tuesday, 12 March 2013

Posted on March 12, 2013 by LawrenceAaron_DeLeon

March 12, 2013 HIGHLIGHTS: FDI for 2012 increases 10% to US$2.0bn on equity investments and reinvested earnings ICT 2012 net income attributable to holders climbs 10% to US$143.2m on revenues NIKL to be involved in rare earth minerals mining with … Continue reading →

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Accord Capital Daily, Monday, March 11, 2013

Posted on March 11, 2013 by research

MARKET RECAP DJIA hits, closes at record; S&P500 poised to set new high PSEI ease off 23rd record close New PSEI composition takes effect Monday Consumer prices rise in February Unrest in Middle East (Syria, Egypt) Sabah issue grab headlines … Continue reading →

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Market Daily for Monday, 11 March 2013

Posted on March 11, 2013 by LawrenceAaron_DeLeon

March 11, 2013 HIGHLIGHTS: Philippines aviation industry gets ICAO upgrade, removed from safety concern list GTCAP gets PhP7.0bn loan for Toledo Power Co expansion AT declares PhP0.25 cash dividend DNL reports 2012 net income of PhP1.18, up 53% on consolidation … Continue reading →

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Market Daily for Friday, 8 March 2013

Posted on March 8, 2013 by research

March 8, 2013 HIGHLIGHTS: 1. Philippines GIR at end-Feb dips US$1.5bn to US$83.8bn 2. RCB conducts top-up placement of 63.7m shares at PhP64 per share 3. ALI raises PhP12.2bn through a placement deal at PhP30.50 per share 4. MBT 2012 … Continue reading →

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Accord Capital Daily, Thursday, March 7, 2013

Posted on March 7, 2013 by research

MARKET RECAP SENTIMENTS RODE HIGH AT MID-WEEK, pushing the local measure to its 23rd record close for the year-to-date. Investors were undeterred by inflation numbers, instead focusing on the Dow’s surge to a new historic high. Stocks in Europe returned … Continue reading →

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