Monthly Archives: May 2014

Market Daily for Wednesday, 7 May 2014

May 7, 2014 HIGHLIGHTS: Headline inflation rate for April climbs to 4.1% from 3.9% in March MWC 1Q14 net income up 7% to PhP1.4bn on billed water volume ALI 1Q14 net income jumps 35% to PhP3.5bn on real estate sales … Continue reading

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PSEi, May 6, 2014

TECHNICAL GUIDE: Based on May 5, 2014 closing levels TECH GUIDE for MAY 6, 2014_TUESDAY

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Accord Capital Highlight, May 6, 2014

On the surface, the huge change in over-all unemployment rate from 6.7% to only 6.3% and against expectations of 6.6% in April qualifies as one of the best economic news in recent memory. This should’ve been enough to boost share … Continue reading

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Market Daily for Tuesday, 6 May 2014

May 6, 2014 HIGHLIGHTS: 1. SMPH reports 1Q14 net income of PhP4.6bn, up 11% y-o-y and within expectations 2. GMA7 posts lower-than-expected 1Q14 net income of PhP325m, down 46% y-o-y; says in talks with SMC for possible investment 3. TA … Continue reading

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Accord Capital Highlight, May 5, 2014

UPDATE: “If markets do move in cycles, the next four to seven months will be the most critical period for the second bull market of this millennium… The current cycle has run for 64 months, 51 of which undeniably belonged … Continue reading

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Accord Capital Daily Highlight, May 5, 2014

STOCKS in the Asia Pacific region ended the week and started the month on a positive note coming off Labour Day holiday. Much of the bullishness was attributed to expectations over US corporate earnings and non-farm payrolls – data which … Continue reading

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Market Daily for Monday, 5 May 2014

May 5, 2014 HIGHLIGHTS: Outstanding loans of commercial banks up 20% y-o-y in March Domestic liquidity M3 up 34.8% y-o-y at end-March ICT wins 26 year terminal contract in Melbourne, Australia EDC to boost its wind farm capacity in Ilocos … Continue reading

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Accord Capital Highlight, May 2, 2014

LOCAL SHARE PRICES extended its rebound off a four-day slide to a second day, testing and briefly breaching the 6700 mark and pulling back just a few points to keep the line within striking distance. By the close of the … Continue reading

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Monthly Report: April 2014

OUTLOOK & RECOMMENDATION We continue to be bullish about the market’s long term prospects. This early, the PSEI has touched, albeit briefly, the 6800 mark and is currently trading within our projected year-end range of between 6700 and 6900. Although … Continue reading

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