Monthly Archives: August 2016

Daily Notes, August 9, 2016

Posted on August 9, 2016 by research

MARKET SUMMARY The PSEi went up 23.23 points or 0.29% with a net foreign selling of 259K. The broader All shares index rose 16.75 points or 0.35%. Most sectors ended positive except for Services together with Mining and Oil sector … Continue reading →

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Market Daily for Tuesday, 9 August 2016

Posted on August 9, 2016 by research

HIGHLIGHTS: Year-to-date inflation rate average of 1.4% to keep rates unchanged this week GTCAP 1H16 net income up 62% to PhP9.1bn on cars, one time gain PCOR 1H16 net income jumps 55% to PhP5.3bn despite low oil prices GMA7 1H16 … Continue reading →

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Bird Watch, August 8, 2016

Posted on August 8, 2016 by research

PSEi Composite Index PSEi closed the previous week with a muted gain of 7.24 points or about 0.09% week-on-week. Profit taking action was the major theme of the previous week, as the daily MACD indicator indicated intensified profit taking. On a more positive … Continue reading →

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Daily Notes, August 8, 2016

Posted on August 8, 2016 by research

MARKET SUMMARY The PSEi went down 8.22 points or 0.10% with a net foreign selling of 105K. The broader All shares index rose 10.14 points or 0.21%. Most sectors ended negative except for Industrial and Property sector with 0.11% and … Continue reading →

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Daily Notes, August 5, 2016

Posted on August 5, 2016 by research

MARKET SUMMARY The market was able to recover losses from the previous session due to optimism that the central banks will continue provide accommodative policy rates. The broader All shares index rose 39.68 points or 0.85%. All sectors ended positive, … Continue reading →

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Market Daily for Friday, 5 August 2016

Posted on August 5, 2016 by research

HIGHLIGHTS: MBT reports 1H16 net income of P9.0bn, slightly lower y-o-y SM 1H16 net income up 11% to P15.0bn on property, banking and retail MEG to aggressively expand its ‘Visayas BPO triangle’ project ACR signs contract with JGC of Japan … Continue reading →

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Daily Notes, August 4, 2016

Posted on August 4, 2016 by research

MARKET SUMMARY PSEi made a big drop of 149.34 points or 1.86% while the local market ended with a net foreign buying of 2.5M and a total volume of 1.99B. The broader All shares index fell 70.04 points or 1.47%. … Continue reading →

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Daily Notes, August 3, 2016

Posted on August 3, 2016 by research

MARKET SUMMARY PSEi should hold 7,800 – 7,900 level or it might go back to the gap up last July 11, 2016 of 7,830.50 coming from 7,774.39. Our local market ended its fourth consecutive net foreign buying last Friday with … Continue reading →

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Bird Watch, August 3, 2016

Posted on August 3, 2016 by research

PSEi Composite Index Profit taking action still in effect, ahead of the release of 2nd Quarterly and 1st Half Earnings report of listed companies. PSEi is consolidating in a tight trading range for a number of days, and may potentially … Continue reading →

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Market Daily for Wednesday, 3 August 2016

Posted on August 3, 2016 by research

HIGHLIGHTS: TEL reports 1H16 core net income of PhP17.7bn, down 6% on costs DNL 1H16 net income up 17% to PhP1.3bn PNX 1H16 net income rises 33% to PhP538m on higher fuel sales PSB 1H16 net income up to PhP1.2bn … Continue reading →

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