Monthly Archives: September 2014

Accord Capital Daily Highlight, September 15, 2014

Posted on September 16, 2014 by research

MONDAY— STOCKS extended its retreat to a fifth day, broke below the 7,200 line and in the process wiped out nearly 60% of the gains in the preceding 6-day rally to the new 15-month high of 7,314.94 last September 8, … Continue reading →

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Market Daily Highlight, 16 September 2014

Posted on September 16, 2014 by research

SEPTEMBER 16, 2014_TUESDAY HIGHLIGHTS: July remittances up 7.1%; Jan-July period up 6.4% y-o-y MPI-AC consortium bags LRT 1 extension deal FLI long term bond gets top ratings from local rating agency RRHI to introduce Costa Coffee to Philippines MWIDE to … Continue reading →

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PSEi, September 15, 2014

Posted on September 15, 2014 by research

TECHNICAL GUIDE: Based on September 12, 2014 closing levels SEPTEMBER 15, 2014_MONDAY_TECH GUIDE  

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Accord Capital Daily Highlight, September 15, 2014

Posted on September 15, 2014 by research

Fundamentalists have been pointing at PE valuations to justify calls for caution on the up-side. Corporate earnings, though still pretty decent, has slowed year-on-year and the slope of the trajectory has gradually eased, mainly going back to the averages. Yet, … Continue reading →

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Market Daily for Monday, 15 September 2014

Posted on September 15, 2014 by research

September 15, 2014 HIGHLIGHTS: Foreign portfolio net inflows up 52% in August but down year-to-date Overall consumer confidence decreases further in 3Q14 DMPL FY1Q15 posts net loss of US$21.9m on acquisition costs APX to buy 100% of unit Monte Oro … Continue reading →

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PSEi, September 12, 2014

Posted on September 12, 2014 by research

TECHNICAL GUIDE: Based on September 11, 2014 closing levels SEPTEMBER 12, 2014_FRIDAY_TECH GUIDE

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Accord Capital Highlight, September 12, 2014

Posted on September 12, 2014 by research

Since snapping off a six-day run last Tuesday, the PSEI has given up 112.88 points or –1.54% erasing 42.75% of the preceding 264.05-point rally. The “sell-off” turned more aggressive going through the mid-afternoon session as it became apparent that the … Continue reading →

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Market Daily for Friday, 12 September 2014

Posted on September 12, 2014 by research

September 12, 2014 HIGHLIGHTS: Monetary Board hikes overnight and SDA rates by 0.25% Congress may give President Aquino authority to contract additional energy MACAY to raise PhP10bn through follow-on offering TEL to hold 8.6% stake in Rocket Internet CMT paves … Continue reading →

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Market Daily for Thursday, 11 September 2014

Posted on September 11, 2014 by research

September 11, 2014 HIGHLIGHTS: FDI net inflows jump in June; up 77% in Jan-Jul period Merchandise exports rise 12.4% in July, sixth straight months of gains SMC reported to be planning a bid for British biscuit maker PIP to expand … Continue reading →

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Accord Capital Highlight, September 10, 2014

Posted on September 10, 2014 by research

Based on the latest figures, Economic Planning Secretary Artemio Balisacan expressed confidence, the Philippines remains on track to achieving its economic targets for 2014. From a surprisingly disappointing 5.6% (revised from 5.7%) 1Q performance, the economy “surged” 6.4% year-on-year in … Continue reading →

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