Monthly Archives: September 2016

ECONOMIC UPDATE: JULY REMITTANCES

Remittances drop 5.4% in july Inflows slow down from sluggish economies with year-to-date growth decelerating to 2.9% from 7.4% last year. Remittances from Americas and Europe decline as Middle East sees downward pressure amid falling oil prices. However, strong demand … Continue reading

Comments Off

Daily Notes: September 16, 2016

Market Summary The PSEi went up by 162.41 points or 2.15% with the 16th consecutive trading day of net foreign selling by 417M. The broader All shares index decreased by 49.29 points or 1.06%. All sectors ended positive except for … Continue reading

Comments Off

Daily Notes, September 15, 2016

Market Summary The PSEi went down by 4.26 points or 0.06% with the 15th consecutive trading day of net foreign selling by 1.78B. The broader All shares index increased by 89.42 points or 1.96%. All sectors ended negative except for … Continue reading

Comments Off

Market Daily for Thursday, 15 September 2016

HIGHLIGHTS: Mining industry awaits release of govt’s industry audit next week Philippine exports drop 13% in July, fastest in four months Philodrill Corp to change its name to Phildrill Power Corp CEB to increase flights from Clark as industry expands … Continue reading

Comments Off

Daily Notes, September 14, 2016

Market Summary The PSEi went down by 31.52 points or 0.42% with the 14th consecutive trading day of net foreign selling by 585M. The broader All shares index increased by 39.53 points or 0.87%. All sectors ended negative except for … Continue reading

Comments Off

Bird Watch, September 14, 2016

PSEi Composite Index Our local barometer has fallen for the past 5 straight weeks. Our local market is not the only market seeing wild gyrations. Even foreign markets were fluctuating wildly for the past few days, a testament that overall … Continue reading

Comments Off

Market Daily for Wednesday, 14 September 2016

HIGHLIGHTS: FDI net inflows drop 41% in June to US$238m GMA7 ties up with APT Entertainment to produce “Hollywood” film CIC targets 30% net income growth for 2016, implies 14x PER 2GO denies knowledge in reported 21% sale AP doing … Continue reading

Comments Off

Technical Guide, September 13, 2016

Be equipped with the right knowledge and become an informed and effective trader! We are glad to share this technical guide report exclusive only to our dear clients. This is part of our advocacy of providing continuing education to help … Continue reading

Comments Off

Daily Notes, September 13, 2016

Market Summary The PSEi went down by 85.28 points or 1.11% with the 13th consecutive trading day of net foreign selling of 1.06B. The broader All shares index increased by 31.19 points or 0.68%. All sectors ended negative except for … Continue reading

Comments Off

Bird Watch, September 9, 2016

PSEi Composite Index Index halted its three day drop yesterday, ending the session on a higher note and touching a low of 7536.07 which is nearly touching our uptrend line. Overall MACD is bearish, momentum deteriorated even more to the … Continue reading

Comments Off