Monthly Archives: June 2013

Market Daily for Friday, 21 June 2013

June 21, 2013 HIGHLIGHTS: 1. IMF said Philippine economy to withstand current market volatility 2. ABA to change name to AbaCore Capital Holdings 3. MER gets credit rating boost from Standard & Poor’s 4. LTG’s Tanduay Rum to enter US … Continue reading

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PSEi, June 20, 2013

TECHNICAL GUIDE: Based on June 19, 2013 closing levels TECHNICAL GUIDE_JUNE 20, 2013

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Accord Capital Daily, June 20, 2013, Thursday

The main gauge for Philippine shares opened soft on the upside on thin turnover, eventually going under as the morning session progressed. With little hints after Day One of the Fed meeting, investors may have opted to book profits earned … Continue reading

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Market Daily for Thursday, 20 June 2013

June 20, 2013 HIGHLIGHTS: 1. GLO telecom raising PhP7.0bn through bonds to finance Bayan deal 2. LTG’s Asia Brewery to put up dairy manufacturing plant 3. LRI approves new grinding plant in Teresa, Rizal 4. VLL to raise PhP10bn for … Continue reading

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PSEi, June 19, 2013

TECHNICAL GUIDE: Based on June 18, 2013 closing levels TECHNICAL GUIDE TEMPLATE_June 18 close

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Accord Capital Daily, June 19, 2013, Wednesday

SHARE PRICES EXTENDED ITS RUN TO A THIRD DAY, urged by a similar move in US equities overnight as investors began to place bets on the Federal Reserve’s meeting which begins today. Asian markets have given up part of the … Continue reading

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Accord Capital Daily, June 18, 2013, Tuesday

A soft open ushered in what developed as a volatile session, which however lacked conviction. The PSEI ran almost the entire immediate support and resistance range between 6,160 and 6,300, stopping the decline 10 points above support and briefly breaching … Continue reading

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Market Daily for Tuesday, 18 June 2013

June 18, 2013 HIGHLIGHTS: Remittances for April up 7% y-o-y to US$2bn BCOR buys 30% stake in UK-based luxury car dealer MER in talks with Korea’s K-Water to bid for Angat hydro deal PX asks for mining extension to complete … Continue reading

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PSEi, June 17, 2013

TECHNICAL GUIDE: Based on June 14, 2013 closing levels TECH GUIDE_INDEXES_PSEI_June 14 close

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Accord Capital Daily, June 17, 2013, Monday

WITH APPETITE whetted by a record one-day slump and prodded by a rebound in US stocks overnight, investors pounced on perceived bargains even as we head into a weekend with an overhang of uncertainties. Asian equities led by the Nikkei … Continue reading

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