Monthly Archives: August 2016

Bird Watch, August 22, 2016

PSEi Composite Index Index is still in an on-going consolidation as more waiting is required from us before the market sets a decisive direction. PSEi was down 25.11 or about 0.32% week-on-week, amidst the release of encouraging economic data and … Continue reading

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Daily Notes, August 19, 2016

Market Summary The PSEi went up slightly by 6.62 points or 0.08% with a net foreign selling of 531K. Thebroader All shares index increased 10.47 points or 0.22%. Mining and Oil sector has thebiggest gain of 225.48 point or 2.23%. … Continue reading

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Bird Watch, August 17, 2016

PSEi Composite Index PSEi Index is still consolidating, as prices coil into a potential pennant or symmetrical triangle pattern. The index muted rally persisted despite the release of a positive 2nd quarter GDP growth. The latest minutes of the FED, considered … Continue reading

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ECONOMIC UPDATE: 2Q16 NATIONAL ACCOUNTS

GDP growth of 7.0% higher-than-expected on strong investments and robust consumer spending; Y-t-d average of 6.9% inline to meet official target of 6-7% range. Higher gov’t infra spending to drive future growth 2Q16 National Accounts

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Daily Notes, August 18, 2016

MARKET SUMMARY The PSEi fell 37.19 points or 0.47% with a net foreign selling of 998K. The broader All shares index decreased 16.49 points or 0.35%. Most sectors ended negative except for Services sector with 3.01 points or 0.19%. Mining … Continue reading

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Market Daily for Thursday, 18 August 2016

HIGHLIGHTS: Philippine agriculture output contracts by 2.3% in 2Q16 on crops and fisheries URC to buy 100% of Consolidated Snacks of Australia for A$600m IMI to buy 76% of VIA Optronics of Germany for EUR47.4m HVN 1H16 net income up … Continue reading

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Bird Watch, August 17, 2016

PSEi Composite Index PSEi Index consolidates further as price actions were muted. On the brighter side of things, overall MACD indicator is still on the bullish note. Negative momentum seems to start to taper as prices tries to hold above … Continue reading

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Daily Notes, August 17, 2016

MARKET SUMMARY The PSEi increased 23.21 points or 0.29% with a net foreign selling of 759K. The broader All shares index decreased 32.05 points or 0.68%. Most sectors ended positive except for Industrial and Property sector with 0.61% and 0.43% … Continue reading

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Daily Notes, August 16, 2016

MARKET SUMMARY The PSEi went up by 4.31 points or 0.05% with a net foreign selling of 544K. The broader All shares index rose 22.83 points or 0.48%. Most sectors ended positive except for Financials and Industrial sector with 0.61% … Continue reading

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Market Daily for Tuesday, 16 August 2016

HIGHLIGHTS: Remittance growth from overseas Filipinos increase by 4.8% to US$2.5bn in June RWM 1H16 net income drop 24% to PhP1.8bn on expenses, lower GGR MWIDE 1H16 net income up 49% to PhP1.2bn on record revenues; above target RRHI 1H16 … Continue reading

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