Monthly Archives: April 2014

Accord Capital Highlight, April 24, 2014

Posted on April 24, 2014 by research

The character of the market is typical following a strong, steep surge. Investors may have become just a tad wary absent fresh impetus, particularly from the domestic front. The local market has been reacting positively to the surges in US … Continue reading →

Comments Off

Market Daily for Thursday, 24 April 2014

Posted on April 24, 2014 by LawrenceAaron_DeLeon

April 24, 2014 HIGHLIGHTS: Foreign tourist arrivals growth slowed to 3.5% in Jan-Feb 2014 AP Therma Marine to extend operations of two power barges in Mindanao WEB to maintain non-online presence SM to raise PhP15bn from long-term bonds BLFI 1Q14 … Continue reading →

Comments Off

PSEi, April 23, 2014

Posted on April 23, 2014 by research

TECHNICAL GUIDE: Based on April 22, 2014 closing levels TECH GUIDE for APRIL 23, 2014_WEDNESDAY

Comments Off

Accord Capital Daily Highlight, April 23, 2014

Posted on April 23, 2014 by research

THE PSEI wrote a piece of recent history, edging past a nine-month intra-day high, held above the 6,800-line most of the day but eventually succumbed to profit-taking towards the end. Nevertheless the close at 6,784.95 is the highest for the … Continue reading →

Comments Off

Market Daily for Wednesday, 23 April 2013

Posted on April 23, 2014 by LawrenceAaron_DeLeon

April 23, 2014 HIGHLIGHTS: NEDA sees poverty rate decline on infrastructure investments Philippine Airlines to recover this year, says boss MWIDE signs O&M contract for Mactan-Cebu airport ALI to invest PhP80bn in Phase 1 of FTI property Valuation table  

Comments Off

Accord Capital Highlight, April 22, 2014

Posted on April 22, 2014 by research

The flow of foreign funds, a widely-tracked indicator, should elicit more optimism. From its lowest point on February 6th, when the net aggregate position was at a negative php7.8 billion, foreign funds have moved in increasingly on the buy side … Continue reading →

Comments Off

Market Daily for Tuesday, 22 April 2014

Posted on April 22, 2014 by LawrenceAaron_DeLeon

April 22, 2014 HIGHLIGHTS: BSP pegs 2014 inflation rate between 3% to 5%; 2015-2016 at 2% to 4% BOP deficit in March reaches US$336m on money outflows TA to get PhP10.8bn capex from Phinma Group for power projects SMC says … Continue reading →

Comments Off

Accord Capital Highlight, April 21, 2014

Posted on April 21, 2014 by research

“THE PSEI wrote a new record intra-day and closing high for the current year, at 6,671.18. It was almost a foregone conclusion that the day will end in the green after it tipped the 6,652.76 top reached a week ago at the noon … Continue reading →

Comments Off

PSEi, April 16, 2014

Posted on April 16, 2014 by research

TECHNICAL GUIDE: Based on April 15, 2014 closing levels TECH GUIDE for APRIL 16, 2014_WEDNESDAY

Comments Off

Accord Capital Highlight, April 16, 2014

Posted on April 16, 2014 by research

On some light, we expected investors to pick up shares over this shortened trading week – and have explicitly advised accordingly. Liquidity needs, given the T+3 settlement cycle, were already met in Friday’s trades – or Thursday at the latest … Continue reading →

Comments Off