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Monthly Archives: July 2016
Philstocks Financial, Inc. Daily Notes, July 11, 2016
MARKET SUMMARY The local market ended flat last Friday even if there was a big sell off in the mining & oil industry. The PSEi only gained 18.06 points or 0.23%. The broader All shares index 5.14 points or 0.1%. … Continue reading
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Market Daily for Monday, 11 July 2016
HIGHLIGHTS: Philippines’ gross international reserves at US$83.97bn as of end-1H16 CNPF sells 5% of outstanding stock through overnight placement ANS increases stake in real estate developer LIB minority shares to be bought by Vega Telecom through tender offer BC unit … Continue reading
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Philstocks Financial, Inc. Bird Watch, July 8, 2016
PSEi Composite Index PSEi closed lower for the second straight trading day. Despite that our almost two month old mini uptrend line is still intact. Overall MACD indicator is still bullish. MACD line might yet again cross under the signal … Continue reading
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Philstocks Financial, Inc. Daily Notes, July 8, 2016
MARKET SUMMARY Local market retreated for the second day this week after a one day holiday.Probably an indirect influence of Brexit jitters imposed on global economic growth noted by the latest release of meeting minutes of the FED Reserve.All counters … Continue reading
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Philstocks Financial, Inc. Daily Notes, July 7, 2016
MARKET SUMMARY Local market was close yesterday in observance of the Muslim holy day Eid’l Fitr (marking the end of Ramadan). Market performance last Tuesday was dismal with the PSEi Index ending in the negative territory.All counters also closed in … Continue reading
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Philstocks Financial, Inc. Daily Notes, July 5, 2016
MARKET SUMMARY Yesterday’s market performance was a bit flat. Index ended the trading session with a tempered gain of or 16.19 points. The lackluster performance of yesterday can be attributed to lack of fresh lead from the overseas, and possible … Continue reading
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Market Daily for Tuesday, 5 July 2016
HIGHLIGHTS: TAPET and CGG Services form partnership for seismic data acquisition AC completes funding for new power project PAL to lose only minimal revenues from UK’s Brexit SLI pushing tourism-related projects Full Research_July 5, 2016
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Philstocks Financial, Inc. Daily Notes, July 4, 2016
MARKET SUMMARY The index was able to end the previous trading week on the positive note. All counters were also on the positive note last trading session. With al lcounters indicating positive performance as of the year to date.SM, BPI, … Continue reading
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Philstocks Financial, Inc. Bird Watch, July 4, 2016
PSEi Composite Index PSEi ended last week on the positive note amidst speculation of stimulus hopes around the world to support perceived weak global economy. PSEi was able to make an intraday high of 7980.75 which is also its new … Continue reading
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Philstocks Financial, Inc. Bird Watch, July 1, 2016
PSEi Composite Index PSEi advanced strongly during most of the trading session; however, it reversed and ended the session in negative territory. PSEi was able to make an intraday high of 7980.75 which is also its new 52 week high. … Continue reading
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