Monthly Archives: February 2017

Daily Notes: February 21, 2017

Posted on February 21, 2017 by research

Market Summary Local market climbed higher amidst increasing expectation of BSP raising benchmark corridor interest rate in March. Local advanced together with its East and Southeast Asian regional peers. All local counters ended in positive territory. Number of declining issues … Continue reading →

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Market Daily for Monday, 20 February 2017

Posted on February 20, 2017 by research

HIGHLIGHTS: Foreign portfolio investments net inflows hits US$301m in January 2017, reversing net outflows RCB 2016 net income down 25% to PhP3.9bn on BSP fine MEG to open two office towers in Iloilo Full Research_February 20, 2017  

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Daily Notes: February 20, 2017

Posted on February 20, 2017 by research

Market Summary   For the full research, kindly go here:  

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Daily Notes: February 17, 2017

Posted on February 16, 2017 by research

Market Summary Local market surged more than a hundred points, which is quite a strong reversal after bleeding heavily for two straight days. All local counters ended in the green. Advancing issues outnumbered declining issues. After 8 straight days of … Continue reading →

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Company Update: Ayala Land, Inc. (ALI) 2016 results

Posted on February 16, 2017 by research

Price: 35.80 Rating: HOLD 2016 net income up 19% to PhP20.9bn  on revenues of PhP124.6bn, 16% higher from 2015; Property dev’t up 16%, leasing up 8% but still account for 31% of net income, little changed in four years. 2017 … Continue reading →

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Daily Notes: February 16, 2017

Posted on February 15, 2017 by research

Market Summary PSEi, the main barometer of the local market, extended it losses for another day. All other sub-indices were also in the red except the service index, which is left unscathed for the day. Declining issues still overwhelming advancing … Continue reading →

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Philstocks ACTS: February 15, 2017

Posted on February 15, 2017 by research

Philippine Mining and Oil Index Potential pattern formation of a bearish Head and Shoulder (incomplete since it lacks the right shoulder) looms as it threatens to reverse the almost 27% percent gain of the Philippine Mining and Oil Index since … Continue reading →

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Daily Notes: February 15, 2017

Posted on February 14, 2017 by research

Market Summary Local market painted itself red for Valentine’s Day, with all local counters in the red. Declining issues overshadowed advancing issues with ratio of one is to one. Market still suffered Net Foreign Selling amounting to Php 590 Million. … Continue reading →

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Company Update: Cemex Holdings Phils., Inc. (CHP)

Posted on February 14, 2017 by research

Price: P9.90 Rating: Long-term buy 2016 net income PhP1.9bn down from 2015 on sales of PhP25.4bn, up 2%; Low infra activity and poor weather negatively impacted sales volume in 2H16 while US$ debt exposure ate into earnings; Recent selloff brought … Continue reading →

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Daily Notes: February 14, 2017

Posted on February 14, 2017 by research

Market Summary Local market followed its Asian regional peers higher, ending the day almost a percent better than last week. Despite the rosy advance, market breadth remained weak as declining issues outpaced advancing issues. Net Foreign Transaction still registering a … Continue reading →

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