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Monthly Archives: May 2016
Philstocks Financial, Inc. Bird Watch, May 10, 2016
PSEi Composite Index PSEi index seems to have found some sort of support between the psychological level of 7,000 and 6,980 points. Whether the support will hold or not for this week would depend on how investors would perceive and … Continue reading
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Philstocks Financial, Inc. Daily Notes, May 6, 2016
MARKET SUMMARY The PSEi declined again below the 7000 level with 82.11 points or 1.16% from a bullish recovery from the previous day. The broader All shares index fell 43.76 points or 1.04%. Decliners beat advancers 121 to 58 and, … Continue reading
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Philstocks Financial, Inc. Daily Notes, May 5, 2016
MARKET SUMMARY The PSEi bounced back with 35.29 points or 0.50% from its eighth straight day of loss. The broader All shares index rose 7.95 points or 0.19%. Decliners beat advancers 116 to 61 and, 53 issues ended unchanged. Most … Continue reading
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Philstocks Financial, Inc. Daily Notes, May 4, 2016
MARKET SUMMARY The PSEi continued its drop for the eighth straight day losing 7.31 points or 0.10% as the upcoming elections come closer. The PSEi’s year-to-date level is now trimmed down to 1.36%from 6.10% in March. The broader All shares … Continue reading
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Philstocks Financial, Inc. Daily Notes, May 3, 2016
MARKET SUMMARY Philippine stocks drop following a regional decline. The local bourse, PSEi,are dragged downwards to its seven week low. The PSEi broke the 7000 support level during the day hitting 6980.18, but trimmed down its losses to close at … Continue reading
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Market Daily for Tuesday, 3 May 2016
May 3, 2016 HIGHLIGHTS: SECB 1Q16 net income down 10.7% to PhP3.0bn on lower trading gains SMPH 1Q16 net income up 12% to PhP5.8bn, inline with expectations HLCM 1Q16 net income steady at PhP1.5bn; revenues up 17% on strong cement … Continue reading
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Philstocks Financial, Inc. Bird Watch, May 2, 2016
PSEi Composite Index PSEi index for the past six trading sessions closed lower than its previous session. Indecisiveness of the market is still evident, but trend change between uptrend to sideways consolidation or downtrend should be in the offing. Crossover … Continue reading
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Philstocks Financial, Inc. Daily Notes, May 2, 2016
MARKET SUMMARY The week ended with the local bourse closing at 7159.29, its lowest close for the month of April. The PSEi lost 3.27 points or 0.05%. The broader All shares index ended almost flat as well, losing just 1.96 … Continue reading
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Market Daily for Monday, 2 May 2016
May 2, 2016 HIGHLIGHTS: Domestic liquidity expands by 11.7% in March on credit demand Outstanding loans by commercial banks rises by 14.8% in March, slower from February FDC expects faster revenue and income growth from power business SMPH opens new … Continue reading
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