Monthly Archives: July 2016

Market Daily for Monday, 25 July 2016

Posted on July 25, 2016 by research

HIGHLIGHTS: 2Q16 headline inflation up to 1.5%; BSP sees no need for rate adjustment CPG to invest between PhP7-10bn for affordable housing projects JFC to expand in Europe next year SEVN expects net income growth of 30% this year GLO … Continue reading →

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Daily Notes, July 22, 2016

Posted on July 22, 2016 by research

MARKET SUMMARY PSEi continues to advance and set new record high for this year. Currently, the index is shy of 34.67 points from its all-time intraday high of 8136.97. PSEi is also just a little short of 25.18 points from … Continue reading →

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Bird Watch, July 22, 2016

Posted on July 22, 2016 by research

PSEi Composite Index PSEi continues to rally as it exhibits its strength. PSEi is just short of 34.67 points from itsall time intra-day high, and also a little shy of 25.18 points from setting a new all-time record high close. … Continue reading →

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Philstocks initiates coverage of Global Ferronickel Nickel Holdings, Inc. (FNI): targets P1.74 (Buy)

Posted on July 22, 2016 by research

Highlights: FNI’s earnings is expected to grow by 50.0% in the next three years. This makes FNI the fastest growing nickel mining play in the Philippines. FNI has ample operating leverage to take advantage of any price recovery in nickel. … Continue reading →

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Daily Notes, July 21, 2016

Posted on July 21, 2016 by research

MARKET SUMMARY PSEi ended the trading session with another spectacular finish. PSEi was able to retrace all the losses it garnered during most of the trading day, and established a new high for the year. Majority of the counters were … Continue reading →

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Market Daily for Thursday, 21 July 2016

Posted on July 21, 2016 by research

HIGHLIGHTS: Philippine BPO industry to thrive as companies continue to invest CIC 1H16 net income jumps 40% to PhP516m on strong demand PXP requests DOE for guidance in Reed Bank ALI’s unit constructing 3rd condo project in Circuit Makati BLOOM, … Continue reading →

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Daily Notes, July 20, 2016

Posted on July 20, 2016 by research

MARKET SUMMARY PSEi has ended the trading session with a spectacular finish, nearly reaching its 52 week high of 8037.41.Despite that, the close is considered strong as the close of the day is considered to be a new high for … Continue reading →

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Daily Notes, July 19, 2016

Posted on July 19, 2016 by research

MARKET SUMMARY PSEi nosedived for the day, ending the six day winning streak to a halt. Cemex Holdings Philippines (CHP), a newly public listed firm, climbed 34 cents or 3.16% on its listing date. It also recorded net foreign buying worth Php 331.68 million … Continue reading →

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Daily Notes, July 18, 2016

Posted on July 18, 2016 by research

MARKET SUMMARY PSEi ended the trading week on a positive note, registering a gain of 3.33% week-on-week. It is also notable that the index posted gains for six consecutive days and was able to establish a new 52 week high. … Continue reading →

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Bird Watch, July 18, 2016

Posted on July 18, 2016 by research

PSEi Composite Index PSEi index has been stubbornly bullish and the ascent seems to be relentless. Today, a new publicly listed company will debut in our local market. Big IPOs usually sucks the liquidity of the market. Will the local barometer withstand the liquidity suction? Reiteration: Our two month … Continue reading →

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