Monthly Archives: January 2015

Market Daily for Thursday, 22 January 2015

January 22, 2015 HIGHLIGHTS: DA says 2014 agriculture output falls short of target MWIDE likely to win contract for ITS-Southwest Terminal project TEL and Rocket to develop startup incubator FGEN raises PhP7.5bn through overnight placement DMPL gets approval for US$180m … Continue reading

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Accord Capital Highlight, January 22, 2015

Outlook: One thing that analysts the world over appear to agree on is that markets will become more volatile in the days and weeks ahead as more “surprises” emerge from the woodwork. In the period bridging this and the prior week, … Continue reading

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Market and sector valuation – January 2015

Market & sector valuation-January 2015 PSEi is off to a hot start in 2015 with a +2.4% weeklygain and touching a new record high of 7,446.66 Driven by optimism over solid macroeconomicfundamentals and faster GDP growth Supported by strong domestic … Continue reading

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Market Daily for Wednesday, 21 January 2015

January 21, 2015 HIGHLIGHTS: PHL balance of payments posts US$2.9bn deficit in 2014 Remittance growth from overseas Filipinos drops to 1.8% in November HOUSE to begin new project in Gen. Santos City Pitkin Petroleum to give up 58% interest in … Continue reading

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Accord Capital Highlight, January 21, 2015

Outlook: While the short-term sentiment swings wildly from one extreme to the next (at least in global markets), local investors have been more “contained” is digesting the cur-rent news cycle. The sensitivity to what is happening around and outside our borders … Continue reading

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Accord Capital Highlight, January 20, 2015

THE LOCAL MARKET rejoined its peers in the region after staying shut for most of last week. Results were mixed with Japanese index-es higher, drawing on a yen strengthened by investors seeking safer havens in light of a drop in … Continue reading

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Accord Capital Highlight, January 19, 2015

After checking Monday’s reaction, investors defied global market trends to break past the 7500-line en route to erasing Friday’s new all-time closing and intra-day high. Although it failed to hold on to about a third of the gains, the close … Continue reading

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Accord Capital Highlight, January 14, 2015

The previous day’s retreat provided enough rest for the local market as investors returned armed with liquidity and enough optimism to push the PSEI back above the 7400-mark—a move that defied general trends in the region which mostly tracked the … Continue reading

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Accord Capital Highlight, January 13, 2015

OUTLOOK: The market’s first slide in this young year keep investors guessing as to the direction share prices will take with conviction.The drop in value turnover accompanying the slide is actually a good sign— at the very least suggesting that … Continue reading

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Market Daily for Tuesday, 13 January 2015

January 13, 2015 HIGHLIGHTS: FDI net inflows up 103% to US$444m in Oct, up 64% in Jan-Oct. CEB get a PhP52m penalty from CAB for its flight fiasco last month SMPH to speed up residential projects this year RLC reports … Continue reading

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