Monthly Archives: May 2015

Market Daily for Monday, 18 May 2015

Posted on May 18, 2015 by research

May 18, 2015 HIGHLIGHTS: Foreign portfolio investment net outflows increase in March Remittances from overseas Filipinos spike higher in March VLL 1Q15 net income up 10% to PhP1.6bn on sales EDC 1Q15 net income miss expectations despite 14% rise HOUSE … Continue reading →

Comments Off

Market Daily for Thursday, 14 May 2015

Posted on May 14, 2015 by research

May 14, 2015 HIGHLIGHTS: MBT 1Q15 net income down 11% to PhP5.1bn; trading at PBV discount GLO 1Q15 beats target with 25% core net income of PhP4.2bn JFC 1Q15 net income up 13% to PhP1.2bn, below expectations BLOOM 1Q15 net … Continue reading →

Comments Off

Market Daily for Wednesday, 13 May 2015

Posted on May 13, 2015 by research

May 13, 2015 HIGHLIGHTS: Merchandise export growth up 2% in March, 1st gain in four months ICT 1Q15 net income up 4% to US$56.8m, ahead of expectation BPI 1Q15 net income up 36% to Php4.9bn on higher interest income DNL … Continue reading →

Comments Off

Accord Capital Daily Highlight, May 13, 2015

Posted on May 13, 2015 by research

Tuesday’s action – recovering off a 62.63 points hole to close in positive territory – is something that can offer some encouragement to fence-sitters whose “absence” has kept value turnover rather slack. More so the fact that the local market … Continue reading →

Comments Off

Accord Capital Daily Highlight, May 12, 2015

Posted on May 12, 2015 by research

First Quarter earnings have so far been encouraging and this should keep optimism up on the market, or at the least, specific counters. However, external risks remain heightened and investors are taking a much more cautious approach to their decision-making. … Continue reading →

Comments Off

Market Daily for Monday, 11 May 2015

Posted on May 11, 2015 by research

May 11, 2015 HIGHLIGHTS: MAXS swings into PhP140m profit in 1Q15 IMI 1Q15 net income up 26% to US$6.8m on lower costs EW 1Q15 net income up 32% to PhP600m AP 1Q15 recurring net income down 2.3% to PhP4.3bn on … Continue reading →

Comments Off

Accord Capital Weekly Highlight, May 11 to 15, 2015

Posted on May 11, 2015 by research

The Market Week: To say that it has been a shaky, if not totally forgettable week for the local equity market may be an understatement. If likened to a championship series, Friday’s trade turned out to be the pivotal rubber … Continue reading →

Comments Off

Market Daily for Friday, 8 May 2015

Posted on May 8, 2015 by research

May 8, 2015 HIGHLIGHTS: Gross international reserves at US$80.8bn at end-April SMC to bid for Davao seaport PPP project ABS 1Q15 net income up 5.8% to PhP569m MWC 1Q15 net income flat at PhP1.4bn on higher expenses SECB 1Q15 net … Continue reading →

Comments Off

Accord Capital Daily Highlight, May 8, 2015

Posted on May 8, 2015 by research

OUTLOOK FOR FRIDAY: The market’s movements in the coming days depends by and large on where investors opt to train their focus on – domestic corporate earnings or the external headwinds brought on by the news cycle. The numbers reported … Continue reading →

Comments Off

Market Daily for Thursday, 7 May 2015

Posted on May 7, 2015 by research

May 7, 2015 HIGHLIGHTS: RCB 1Q15 net income up 21% to PhP1.6bn SM 1Q15 net income below expectation, up 8% to PhP6.7bn URC 1H FY15 net income up 4% to PhP6.5bn on higher JV costs  

Comments Off