Monthly Archives: October 2016

Philstocks initiates coverage of Harbor Star Shipping Services ($TUGS): targets P5.50

Posted on October 17, 2016 by research

Highlights: 1. $TUGS is the only listed marine services provider in the country with 14 base ports including the Manila International Terminal, Inc. (MICT) which handles 65.0% of all cargoes passing through Manila. 2. $TUGS managed its finances well allowing … Continue reading →

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Market Daily for Friday, 14 October 2016

Posted on October 14, 2016 by research

HIGHLIGHTS: Philippine import growth accelerates to 12% to US$6.9bn in August NIKL reports 19% drop in value of nickel ore shipments DD to acquire 70% of Hotel of Asia for P832m in all-share deal AP’s Therma Power gets favorable Supreme … Continue reading →

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Daily Notes: October 13, 2016

Posted on October 13, 2016 by research

Market Summary The PSEi went down by 91 points or 1.21% with the 6th consecutive trading day of net foreign selling by 556M. The broader All shares index decreased by 60.19 points or 1.34%. All sectors ended negative, Mining and … Continue reading →

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Philstocks ACTS: October 13, 2016

Posted on October 13, 2016 by research

PSEi Composite Index Our main index succumbed further as overall weakness persists. Index might cascade along the downtrend channel and find support from its 200 Simple Moving Average line at 7350.91. Despite the country being fundamentally sound, prospect of an … Continue reading →

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Daily Notes: October 12, 2016

Posted on October 12, 2016 by research

Market Summary The PSEi went down by 13.89 points or 0.18% with net foreign selling of 588M. The broader All shares index increased by 0.34 points or 0.01%. All sectors ended positive except for Holding Firms sector and Industrial sector … Continue reading →

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Market Daily for Wednesday, 12 October 2016

Posted on October 12, 2016 by research

HIGHLIGHTS: Philippine export growth contracts at slower rate of 4.4% in August WEB appeals for early block sale of Ongpin shares to buyer MBC to enter hotel and resorts business VLL to invest in Boracay resort project PRMX gets investment … Continue reading →

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Philstocks ACTS: October 11, 2016

Posted on October 11, 2016 by research

PSEi Composite Index Our main index threatens to fall further as overall weakness persists. Index might cascade along the downtrend channel and find support from its 200 Simple Moving Average line at 7345.02. Although the Philippine is still fundamentally sound … Continue reading →

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Daily Notes: October 11, 2016

Posted on October 11, 2016 by research

Market Summary The PSEi went down by 43.58 points or 0.58% with net foreign selling of 530M. The broader All shares index decreased by 14.82 points or 0.33%. All sectors ended negative, Holding Firms sector and Industrial sector had the … Continue reading →

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Market Daily for Tuesday, 11 October 2016

Posted on October 11, 2016 by research

HIGHLIGHTS: FDI net inflows rise by 7% to US$503m in July; year-to-date, up 79% GIR up slightly to US$85.9bn in end-September AP unit SN Aboitiz-Magat to borrow PhP19.0bn ANI looking to buy stake in China agri-trading firm LTG earnings may … Continue reading →

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Technical Guide, October 10, 2016

Posted on October 10, 2016 by research

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 →

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