Monthly Archives: October 2013

Accord Capital Daily, October 11, 2013, Friday

Posted on October 11, 2013 by research

A LOOK AHEAD Exactly a week to the debt ceiling deadline, markets remain hopeful whilst on an uneasy footing. The overriding sentiment remains negative trumping all other influences even as hard-line positions seem to thaw. The announcement of Janet Yellen … Continue reading →

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Market Daily for Thursday, 10 October 2013

Posted on October 10, 2013 by LawrenceAaron_DeLeon

October 10, 2013 HIGHLIGHTS: Philippine vehicle sales up 14.8% in September, 7.8% m-o-m on demand MCP rebrands Belle Grande to City of Dreams Manila SCC to post PhP7.0bn net income this year; implies 12.4x PER VLL subsidiary issues US$100m notes … Continue reading →

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Market Daily for Wednesday, 9 October 2013

Posted on October 9, 2013 by LawrenceAaron_DeLeon

October 9, 2013 HIGHLIGHTS: National government fiscal deficit in Jan-Aug period reaches PhP82.6bn, inline with target PX cancels planned stock rights offer, to borrow instead TA partner Otto Energy pulls out from SC 69 JGS to borrow and sell bonds … Continue reading →

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Market Daily for Tuesday, 8 October 2013

Posted on October 8, 2013 by LawrenceAaron_DeLeon

October 8, 2013 HIGHLIGHTS: World Bank hikes 2013 PHL GDP growth to 7% from 6.2% Gross international reserves steady at US$83bn JFC to open stores in Indonesia and Canada FLI to launch high-end condo project in Alabang CAL teams up … Continue reading →

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Accord Capital Daily, October 7, 2013, Monday

Posted on October 7, 2013 by research

A LOOK BACK THE PSEI SHOWED it can easily regain the 6,300 handle, even making an attempt at 6,400 absent fears over external events. It has done so consistently since May. Prior to that, of course, was an almost unchallenged … Continue reading →

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Market Daily for Monday, 7 October 2013

Posted on October 7, 2013 by research

Market Daily for Monday, 7 October 2013 HIGHLIGHTS: September inflation climbs 2.7% from 2.1% on higher food prices JGS sells 105m URC shares at PhP115 per share thru placement AGI trims Travellers IPO price from PhP23.38 per share RFM raises … Continue reading →

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Accord Capital Daily, October 4, 2013, Friday

Posted on October 4, 2013 by research

Market View SHARE PRICES appeared poised to take a breather and snap a two-session run as the still fluid situation in the continuing fiscal drama in the US left investors clueless. That is, until an announcement perked up trades approaching … Continue reading →

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Market Daily for Friday, 4 October 2013

Posted on October 4, 2013 by LawrenceAaron_DeLeon

October 4, 2013 HIGHLIGHTS: Philippines get investment grade rating upgrade from Moody’s BDO, BPI, MBT also have investment grade ratings MPI to form joint venture with PNCC for NLEX-SLEX connector project IMP to change name to Century Sun Valuation table … Continue reading →

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PSEi, October 3, 2013

Posted on October 3, 2013 by research

TECHNICAL GUIDE: Based on October 2, 2013 closing levels TECHNICAL GUIDE _OCTOBER 3, 2013_THU

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Accord Capital Daily, October 3, 2013, Thursday

Posted on October 3, 2013 by research

Market View THE US GOVERNMENT SHUT DOWN became a reality as Republicans and Democrats stuck to their respective positions but European and US stocks appears to have been numbed by earlier anticipations, rose overnight. Asian markets are poised to extend … Continue reading →

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