Monthly Archives: January 2014

Accord Capital Highlight, January 14, 2014

THE PSEI covered the losses sustained Friday as Asian share prices firmed on mixed interpretations of the latest employment numbers from the US. Mining counters surged as Indonesia imposed a ban on mineral ore exports. Japanese markets were on holiday. … Continue reading

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Market Daily for Tuesday, 14 January 2014

January 14, 2014 HIGHLIGHTS: 1. Merchandise exports grows 19% y-o-y in November 2. NIKL reports record nickel shipments in 2013 3. FDC launches 10-yr, Php10bn bond for expansion 4. MPI unit buys out French partner in tollway business 5. MG … Continue reading

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Accord Capital Highlight, January 13, 2014

Over-all sentiments remain to be neutral with the limited value nearly divided between the bears and the bulls. We can fairly expect this condition to persist as we move deeper into January trades. All the market needs in a strong, … Continue reading

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PSEi, January 13, 2014

TECHNICAL GUIDE: Based on January 10, 2014 closing levels 13_MONDAY

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PSEi, January 10, 2014

TECHNICAL GUIDE: Based on January 9, 2014 closing levels 10_FRIDAY

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Accord Capital Highlight, January 10, 2014

TAPERING REMAINS THE SINGLE BIGGEST INFLUENCE in early 2014 trades, continuing a role it started in May last year. US stocks tumbled anew as investors read into the Fed’s mind off the last meeting’s minutes. Further improvements in the jobs … Continue reading

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COMPANY UPDATE: CEBU AIR, INC. (CEB)

CEB-TIGERAIR 2014 CEBU AIR, INC. (CEB) Gokongwei-led low cost carrier to buy 100% of rival Tigerair Philippines for US$15m (including 40% stake of Tiger Airways); acquisition to form strategic alliance as CEB gains market share and important landing slots at … Continue reading

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PSEi, January 9, 2014

TECHNICAL GUIDE: Based on January 8, 2014 closing levels 09_THURSDAY

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Accord Capital Highlight, January 9, 2014

JANET YELLEN’s Senate confirmation as the next Fed Chairperson, a narrower US trade gap, a lower-than-targeted Eurozone inflation and a drop in Germany’s unemployed parlayed into advances in equity markets on both sides of the Atlantic. Asian markets generally rose … Continue reading

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Market Daily for Thursday, 9 January 2014

January 9, 2014 HIGHLIGHTS: Nat’l Govt posts PhP1.0bn surplus in November; YTD deficit of PhP111bn is below PhP173.2bn cap GIR in December of US$83.7bn little changed CEB confirms acquisition of Tigerair Phils unit NI subsidiary to sell partial stake in … Continue reading

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