Monthly Archives: May 2014

Market Daily for Thursday, 22 May 2014

Posted on May 22, 2014 by LawrenceAaron_DeLeon

May 22, 2014 HIGHLIGHTS: Philippine economy to continue robust growth, says consultancy AC energy unit taps Chinese firm to construct power plant in Lanao FGEN increases stake in EDC to 50.7% SMC investment in GMA7 to be completed next month … Continue reading →

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Market Daily for Wednesday, 21 May 2014

Posted on May 21, 2014 by LawrenceAaron_DeLeon

May 21, 2014 HIGHLIGHTS: 1. Banks’ exposure to real estate loans in 4Q13 up 7% q-o-q 2. Consumer loans in 4Q13 up 3.6% q-o-q on real estate 3. AGI 1Q14 net income up 11% to PhP3.9bn, below expectations 4. PCOR’s … Continue reading →

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Market Daily for Tuesday, 20 May 2014

Posted on May 20, 2014 by LawrenceAaron_DeLeon

May 20, 2014 HIGHLIGHTS: LTG 1Q14 net income drops 61% y-o-y to PhP1.6bn on weak banking, tobacco CPG loses court protection from Okada deal suspension AEV power and food units looking to expand abroad ABS to build PhP600m studios Valuation … Continue reading →

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Accord Capital Highlight, May 20, 2014

Posted on May 20, 2014 by research

The PSEI snapped out of a two-session slump that delivered only the 6th weekly loss in the first 20 of the year-to-date. Jollibee Foods Corporation [pse:JFC) pace early gainers among the 30-company main index. It is one of a handful … Continue reading →

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Market Daily Highlights, May 19, 2014

Posted on May 19, 2014 by research

May 19, 2014 Market Daily for Monday, 19 May 2014 HIGHLIGHTS: COSCO to raise PhP5.0bn from sale of long-term notes PXP 1Q14 net income down 6% to PhP212m on poor volumes EDC 1Q14 recurring net income down 14% to PhP2.2bn … Continue reading →

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PSEi, May 19, 2014

Posted on May 19, 2014 by research

TECHNICAL GUIDE: Based on May 16, 2014 closing levels MAY 19, 2014_MONDAY

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Accord Capital Highlight, May 19, 2014

Posted on May 19, 2014 by research

“Based on the FS summary posted at the Exchange’s disclosures website (www.edge.pse.com.ph), 150 out of the 201 listed companies that has reported 1Q numbers as of Friday, posted profits. Of these however, more than half or 52% (78) delivered lower … Continue reading →

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PSEi, May 16, 2014

Posted on May 16, 2014 by research

TECHNICAL GUIDE: Based on May 15, 2014 closing levels TECH GUIDE for MAY 16, 2014_FRIDAY

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Accord Capital Highlight, May 16, 2014

Posted on May 16, 2014 by research

Today’s trades highlights the challenge posed by the 6900-psychological barrier – a brief and marginal foray above that line in Wednesday’s action immediately invited sellers as the premium of equities over the risk-free rate widened. Short-term, default-free 91-days Treasury Bills … Continue reading →

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Market Daily for Friday, 16 May 2014

Posted on May 16, 2014 by LawrenceAaron_DeLeon

May 16, 2014 HIGHLIGHTS: March remittances up 6.9% to US$2.1bn; 1Q14 up 6.6% to US$6.1bn Foreign portfolio investment net inflows up 3.5 times in April to US$324m RRHI 1Q14 net income up 15% to PhP530m on revenues of PhP17.4bn PGOLD … Continue reading →

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