Monthly Archives: June 2016

Philstocks Financial, Inc. Daily Notes, June 23, 2016

Posted on June 23, 2016 by research

MARKET SUMMARY The PSEi continues to extend gains above the 7700 level to 7767.23. The local bourse ended with a 101.9 point gain or 1.33%. All counters ended with gains yesterday except for the Mining and Oil sector. The Mining … Continue reading →

Comments Off

Market Daily for Thursday, 23 June 2016

Posted on June 23, 2016 by research

HIGHLIGHTS: Philippine tourism sector expands to 8.2% of GDP in 2015 from 7.5% in 2014 LTG to spend 70% of PhP10bn capex on property business SMC’s Global Power confirms sale of PhP15bn worth of long-term bonds Full Research_June 23, 2016 … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Notes, June 22, 2016

Posted on June 22, 2016 by research

MARKET SUMMARY The PSEi continues to extend gains above the 7700 level to 7767.23. The local bourse ended with a 101.9 point gain or 1.33%. All counters ended with gains yesterday except for the Mining and Oil sector. The Mining … Continue reading →

Comments Off

Philstocks Financial, Inc. Bird Watch, June 22, 2016

Posted on June 22, 2016 by research

PSEi Composite Index PSEi managed to show further strength. To reiterate: “MACD, on an overall note, is stillbullish despite weak momentum. One month old uptrend still intact; however, there’s anindication that the uptrend line might be tested again and may … Continue reading →

Comments Off

Market Daily for 22 June 2016

Posted on June 22, 2016 by research

Presentation slides: Philippine GDP accelerated to 6.9% in 1Q16, its fastest in two years, boosted by gains in services and industry. While consumer spending has powered growth for a good part of the last six years, there are positive signs … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Notes, June 21, 2016

Posted on June 21, 2016 by research

MARKET SUMMARY The local bourse extended its gains yesterday above the 7600 level. The PSEi gained 43.26 points or 0.57% as worries of a Brexit lessened following the latest polls presenting for Britain to stay in the EU. The broader … Continue reading →

Comments Off

Philstocks Financial, Inc. Bird Watch, June 20, 2016

Posted on June 20, 2016 by research

PSEi Composite Index PSEi managed to end the previous week on a positive note. MACD, on an overall note, is still bullish despite weak momentum. One month old uptrend is still intact; however, there’s an indication that the uptrend line … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Notes, June 20, 2016

Posted on June 20, 2016 by research

MARKET SUMMARY The index will most likely to trade in the range as investors await the result of the UK referendum on the possible Brexit. The local bourse was able to move past the 7600 level to settle at 7622.07, … Continue reading →

Comments Off

Philstocks Financial, Inc. Bird Watch, June 17, 2016

Posted on June 17, 2016 by research

PSEi Composite Index PSEi touched the minor uptrend line (1 month mini trend line) and respected it. Despite that respect it bestowed on the trendline, be alert for any price breach below that mini uptrend line. Overall MACD indicator is … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Notes, June 17, 2016

Posted on June 17, 2016 by research

MARKET SUMMARY The PSEi extended its gains after the US Fed announced its decision to leave interest rates unchanged for now. The local bourse extended 62.982 points or 0.84% yesterday. The broader All shares index added 38.36 points or 0.86%. … Continue reading →

Comments Off