Monthly Archives: July 2013

Accord Capital Daily, July 11, 2013, Thursday

HIGHLIGHTS The Philippine Growth Story: Fitch, OECD affirms RP resiliency to externalshocks, growth momentum IMF revises global growth outlook lower Earnings boost stocks, US measures near recent peaks European shares extend gains Japan producer prices up 1.2% y-o-y MARKET SUMMARY … Continue reading

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Accord Capital Daily, July 10, 2013, Wednesday

HIGHLIGHTS China growth story: PPI down 2.7% yoy; CPI up 2.7% yoy US earnings season takes off: Alcoa sets positive tone Portugal deal lift European shares; Greek deal seen to extendriseMARKET SUMMARY RIDING ON AN 88-POINT RISE IN THE DOW, … Continue reading

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PSEi, July 9, 2013

TECHNICAL GUIDE: Based on July 8, 2013 closing levels TECHNICAL GUIDE for JULY 9_TUE

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Accord Capital Daily, July 9, 2013, Tuesday

HIGHLIGHTS Job adds beat forecast; US stocks rise Filipino optimism improves to “very high” Asia bets on stimulus drag sentiment Greece rescue up on Euro meet agenda MARKET SUMMARY FED TAPERING FEARS revisited Asian markets, spooking investors after US jobs … Continue reading

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Market Daily for Tuesday, 9 July 2013

July 9, 2013 HIGHLIGHTS: 1. June inflation up to 2.8% y-o-y from 2.6% in May on fuel, education 2. SMC’s PAL confirms talks with Japan’s ANA for possible partnership 3. PX granted mining extension at Padcal 4. BRN to develop … Continue reading

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PSEi, July 8, 2013

TECHNICAL GUIDE: Based on July 5, 2013 closing levels TECHNICAL GUIDE for JULY 8_MON

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Accord Capital Daily, July 8, 2013, Monday

HIGHLIGHTS PSEI tips 6,500 on inflation data; light trades US employment data positive; market wobbly on stimulusbets Asian markets see green; Europe slides MARKET SUMMARY PHILIPPINE SHARE PRICES closed a week of alternating gains and losses with a little more … Continue reading

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Market Daily for Monday, 8 July 2013

July 8, 2013 HIGHLIGHTS: 1. Investments into economic zones jump 92% y-o-y in 1H13 2. LR sells PhP1.6bn preferred shares to select investors; half to GSIS 3. SMDC launches Breeze Residences project along Roxas Blvd 4. VMC to enter infrastructure … Continue reading

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Accord Capital Daily, July 5, 2013, Friday

HIGHLIGHTS US stocks react to mixed leads; markets closed Thursday Anti-Mursi protesters fill Cairo’s Tahrir square; coup oustsMursi European shares end lower Philippines keep economic targets PSEI top 6,500; pulls back to close lower MARKET SUMMARY TRADES REMAINED SOFT THURSDAY … Continue reading

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PSEi, July 4, 2013

TECHNICAL GUIDE: Based on July 3, 2013 closing levels TECHNICAL GUIDE for July 4, 2013_THU

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