Monthly Archives: July 2016

Market Daily for Monday, 18 July 2016

HIGHLIGHTS: Personal remittance growth slows to US$2.4bn in May Foreign portfolio investment net inflows expand six-fold to US$451m in June ICT’s VICT takes out new loan for Melbourne port development IDC ramps up construction of condo project in CDO STI … Continue reading

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Daily Notes, July 15, 2016

MARKET SUMMARY The PSEi grabbed its fifth consecutive bullish day yesterday holding above the 7800 level support and 8000 level resistance with a gain of 0.15% or 12.12 points. The All shares index increased 0.17% or 7.95 points. Services sector … Continue reading

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Philstocks Financial, Inc. Bird Watch, July 15, 2016

PSEi Composite Index Ascent for the PSEi index has been relentless; it continuous to register positive closes nearly every trading session of the week. Should it close positively today, then it’ll be able to cap the week with a 5 straight … Continue reading

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Daily Notes, July 14, 2016

MARKET SUMMARY The PSEi took another step forward for the fourth consecutive day yesterday reaching the 8000 level but ended with a gain of 0.08% or 6.07 points. Advancers beat decliners 102 to 87 while 57 ended unchanged for the … Continue reading

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Market Daily for Thursday, 14 July 2016

HIGHLIGHTS: The IMF maintains Philippine GDP growth at 6% for 2016 PPC to invest PhP1.0bn to expand its LPG business AT to reduce its stock par value to PhP1.00 per share BDO partners with Japan’s Shizuoka Bank CIC sees further … Continue reading

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Daily Notes, July 13, 2016

MARKET SUMMARY The PSEi continued to be bullish with a gain of 72.68 points or 0.92% along with a net foreign buying of P963.9M for the third consecutive day. Foreign buying for the day was P4.8B and foreign selling at … Continue reading

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Philstocks Financial, Inc. Bird Watch, July 13, 2016

PSEi Composite Index PSEi is trekking higher and has registered two days of gain. Our local market was probably buoyed by bullish local sentiment and bullish foreign sentiment after an encouraging US jobs report. The current ruling coalition of Japanese … Continue reading

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Market Daily for Wednesday, 13 July 2016

HIGHLIGHTS: Philippine exports slide by 3.8% to US$4.7bn in May Foreign direct investment inflows surge to US$2.2bn in April TECH ramps up production for Quintel account SM to merge retail brands under SM Retail, Inc. SPH to delist from PSE … Continue reading

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Philstocks Financial, Inc. Daily Notes, July 12, 2016

MARKET SUMMARY The PSEi made a good start this week with 93.75 points or 0.50%. The broader All shares index rose 43.27 points or 0.92%. Advancers beat decliners 131 to 73 and 43 issues were ended unchanged. Most sectors ended … Continue reading

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Philstocks Financial, Inc. Bird Watch, July 11, 2016

PSEi Composite Index PSEi ended the previous trading week on the negative note. Our almost two month old mini uptrend line is still intact. Overall MACD indicator is still bullish. MACD line is crossing above and below the signal line, indicating a choppy trade despite a … Continue reading

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