Monthly Archives: June 2016

Philstocks Financial, Inc. Daily Notes, June 9, 2016

Posted on June 9, 2016 by research

MARKET SUMMARY The local bourse was able to slightly extend its ascent yesterday, gaining 12.25 points or 0.15% reaching the 7722.79 level and also the new 52-week high. The broader All shares index rose 8.66 points or 0.18%. Most counters … Continue reading →

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Market Daily for Thursday, 9 June 2016

Posted on June 9, 2016 by research

HIGHLIGHTS: World Bank trims global economic forecast for 2016; PHL unchanged Gross international reserves dip on gold revaluation CROWN to enter waterworks business MEG adding more condo units in Makati CBD BHI reports strong revenues for FY2016 Full Research_June 9, … Continue reading →

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Philstocks Financial, Inc. Daily Notes, June 8, 2016

Posted on June 8, 2016 by research

MARKET SUMMARY The PSEi extends its climb yesterday to surge past the 7700 level. The local bourse settled at 7710.54, a surge of 112.32 points or 1.48%. The PSEi is now at positive 10.91% year-to-date level. The broader All shares … Continue reading →

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Economic Update: May Consumer Price Index (CPI)

Posted on June 8, 2016 by research

Headline inflation for May rises to 1.6%, highest in 12 months, from 1.1% in April, on food prices and El Nino; Electricity, water, and fuel prices still negative but moving at a slowing rate; low inflation trend helping power consumer … Continue reading →

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Philstocks Financial, Inc. Daily Notes, June 7, 2016

Posted on June 7, 2016 by research

MARKET SUMMARY The PSEi continues to move above the 7500 level ending at 7598.22, a gain of 84 points or 1.12% from its previous close following weak US employment data that lessens the chances of the US Fed to increase … Continue reading →

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Philstocks Financial, Inc. Daily Notes, June 6, 2016

Posted on June 6, 2016 by research

MARKET SUMMARY The PSEi was able to go above the 7500 level to settle at 7514.22 for the last trading day of the week, with 49.63 points gain or 0.66%. The PSEi traded with the range of 7401.60 to 7514.22 … Continue reading →

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Philstocks Financial, Inc. Bird Watch, June 6, 2016

Posted on June 6, 2016 by research

PSEi Composite Index PSEi continued to trend higher for the past week, eked out a weekly gain of 1.38% week-on-week. A mini uptrend can be drawn for daily performance of the index for the past 2 weeks. MACD indicator for … Continue reading →

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Market Daily for Monday, 6 June 2016

Posted on June 6, 2016 by research

Full Research_June 6, 2016 HIGHLIGHTS: Approved foreign investments rise 19% y-o-y in 1Q16 to P21.8bn BDO remittance subsidiary opens shop in Japan Duterte administration plans to introduce junk food tax PNB open to strategic partnership with foreign or local banks … Continue reading →

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Philstocks Financial, Inc. Daily Notes, June 3, 2016

Posted on June 3, 2016 by research

MARKET SUMMARY The PSEi retreated 36.2 points yesterday or 0.48%. The broader All shares index declined 14.43 points or 0.32%. Counters ended mixed yesterday. The Industrial sector lost the most percentage, shaving off 126.08 points or 1.07%. The Holding Firms … Continue reading →

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Philstocks Financial, Inc. Daily Notes, June 2, 2016

Posted on June 2, 2016 by research

MARKET SUMMARY The local bourse surged 1.34% yesterday to 7500.79, a gain of 99.19 points from the previous close as results of China’s PMI (Purchasing Mangers’ Index) expanded to 50.1, above forecast. The All shares index gained 46.35 points or … Continue reading →

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