Monthly Archives: October 2013

Market Daily for Thursday, 24 October 2013

October 24, 2013 HIGHLIGHTS: Registered investments in 9m13 up 24.5% to PhP309.7bn, mostly to power sector MER acquires 20% stake in Global Business Power from Ty Group ALI to submit counter-bid for Manila Bay reclamation plan RCB approves sale of … Continue reading

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PSEi, October 23, 2013

TECHNICAL GUIDE: Based on October 22, 2013 closing levels TECHNICAL GUIDE_OCTOBER 23, 2013_WED

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Accord Capital Daily Highlight, October 23, 2013, Wednesday

MARKET UPDATE: THE REGIONAL BENCHMARK FOR THE ASIA PACIFIC REGION retreated off five-month highs as overnight trades in the US and Europe failed to give convincing leads, but a handful of individual markets traded slightly higher, reversing the morning’s rather … Continue reading

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Accord Capital Daily, Tuesday, October 22, 2013

MARKET UPDATE: THE POSITIVE NUMBERS that have emerged as the cloud over the US budget “crisis” momentarily cleared point to and magnified a simultaneous recovery in the US, Europe, Japan and emerging China. Taken with the sustained strong numbers and … Continue reading

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Travellers International Hotel IPO

Initial Public Offering: TRAVELLERS INTERNATIONAL HOTEL PRICE: PhP11.28 per share AGI gaming and hotel unit to raise more than PhP17bn for Marriott and Maxims expansion and construction of new Hilton and Sheraton Hotels at Resorts World Manila SUBSCRIBE Travellers Intl … Continue reading

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Market Daily for Tuesday, 22 October 2013

October 22, 2013 HIGHLIGHTS: 1. The electronics industry cut its 2013 growth target from +5% to -10% 2. Mining industry 1H13 production fell 7.8% y-o-y on soft metal prices 3. AEV get top ratings for its planned PhP10bn bond sale … Continue reading

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PSEi, October 21, 2013

TECHNICAL GUIDE: Based on October 18, 2013 closing levels TECHNICAL GUIDE_OCTOBER 21, 2013_MON

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Accord Capital Daily, October 21, 2013, Monday

MARKET UPDATE US stocks rose Friday with the S&P500 extending its run to a fresh all-time high to a second day, capping its best week in three months as investors shifted focus to corporate earnings. The Federal government re-called to … Continue reading

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PSEi, October 18, 2013

TECHNICAL GUIDE: Based on October 17, 2013 closing levels TECHNICAL GUIDE_OCTOBER 18, 2013_FRIDAY

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Accord Capital Daily, October 18, 2013, Friday

THE US CONGRESS forged an 11th hour compromise bill Thursday, which President Obama signed into law soon after both Houses stamped their respective imprimatur putting an end to a 16-day shut-down – at least through January 15, 2014 — the … Continue reading

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