Philippine Stock Market Weekly

For this episode, join Royce Aguilar as he talks about Philippine consumers, the trends in consumption, and the top picks in the sector.   Despite the quarantine restrictions, we believe Philippine consumption will rebound as purchasing power capacities are largely intact. With the cloud of Covid-19 lifting amid the vaccine rollouts, this will enable the Philippine government to further reope...

Host and Research Analyst, Royce Aguilar is joined by Nickel Asia Corp Vice President for Corporate Communications, JB Baylon to talk about how the company is positioning itself with the rising demand for nickel ore given its applications in the electric vehicle, aerospace, and energy sectors.  Mining has been a major issue among environmentalists. Nickel Asia recognizes this and thus advocat...

We all know the market significantly dropped the past month of July as the PSEi went down by 9.2% — the biggest monthly drop since March 2020.  In the first week of July however, we actually went up because of improving macro data but this quickly reversed after Fitch Ratings downgraded the Philippine economy's outlook and the heightened local transmission of the Delta variant.  With the...

The COVID-19 pandemic continues to affect the market flow and inflict volatility to the market. Among the agents behind this turbulence are the presence of the Delta coronavirus variant and global inflation.    In this episode, Host and Research Analyst, Royce Aguilar is joined by Sun Life's Chief Investment Officer, Mike Enriquez, and SLAMCI's Manager of Bank and Alternative Distributio...

Wrapping up the month of June, the PSEi rallied by more than 4% thanks to better economic data and the government’s higher-paced vaccine rollout. Moreover, we discussed how higher interest rates affect the performance of the equities markets. Lastly, we dug into two new Trader’s Playbook reports featuring Converge ICT and MacroAsia Corporation. To know more of what investors, companies, and consum...

Host and Research Analyst, Royce Aguilar is joined by Ser Percival Peña-Reyes, Ph. D., Associate Director at the Ateneo Center for Economic Research and Development, an professor and researcher with an extensive background in Economics.  The two discuss economic highlights - restoring confidence amidst the pandemic, investors' concerns over the rising inflation, and the growth of the digital...

In what seemed to be another month of a downtrend, the market managed to rebound on high volume in the last trading days of May. In this episode, we took the opportunity to talk about what happened in the market in the month of May and what we should watch out for in June as we reach the first half of the year. We'll also talk about our long-term picks and our two additional buy picks for our list...

In the recent trends, we've seen how retail participation has flourished, particularly in the Philippine Stock Exchange. As of January 2021, over 50% of value turnover were trades made by local investors. Going to this topic, along with the rapidly changing markets we've seen, many high-returning blockchain cryptocurrency-related assets have increased in value. That blockchain technology is what b...

In our monthly wrap-up episode, we talked about what happened in April 2021, digging deeper into the situation of the market, covering both the fundamental and technical analyses perspective. We also added some noteworthy topics to discuss, such as the details for Filinvest REIT (FILRT) and AC Energy Corp.'s follow-on offering (FOO). Join Royce Aguilar, host and Equity Research Analyst, as he wrap...

Retail participation expanded when the pandemic started and it continues to do so as this pandemic has created an army of cash-rich individual investors, aggressively chasing yields in the Philippine stock market. In this episode, we're talking about those who are taking it to the next level. Several people have started their own fund management team, which is why we invited a guest to talk about...

In the month of March, the PSEi went down 5.2%. This was expected as the COVID-19 cases continue to rise as high as over 10,000 new cases as of March 29. Lockdowns and mobility restrictions weighed heavily on investor's sentiment which made the market go lower. Though this might be disheartening for most, despite the announcement of further restrictions last 29 Mar 2020, the market actually went u...

The COVID-19 pandemic has exposed the need to protect our physical health as well as our financial well-being. There's a lot to be done and a lot we can do to protect our dreams and prepare ourselves to live the life we deserve. So in this episode, Royce Aguilar is joined by Floi Wycoco, Founder and President of The Global Filipino Investors.  The two discuss the importance of financial liter...

This February, the PSEi went up by 2.8% within the first and a half week of the month which resulted to a market rally. As early as February 1, we already saw better than expected data — one of which includes the manufacturing side where the Purchasing Manager's Index (PMI) has hit a 25-month high, which signals the progress and the confidence in the economic rebound. Join Royce Aguilar, host and...

The pandemic may have forced a lot of people to work, study, and stay at home but it also encouraged people to connect more and explore opportunities through the internet, and that includes the stock market. Pandemic-fueled market volatility brought new investors into the world of stocks which includes those who are doing it for the first time. And recently, local retail and institutional investor...

Who led the market the past month? Was it the bull or the bear? January just proved that it's going to be yet another crazy year ahead. In this week's episode of the Philippine Stock Market Weekly, the First Metro Sec team went live for the first installment of the year of the market wrap-up, where we talked about what transpired in the market and the economy the past month, what to expect come Fe...

FirstMetroSec's Stock Market Podcast comes back this 2021 to impart better investment learnings that will hopefully be of help to you. This year, the series will talk more about relevant and hot updates in the local and global economic scene, the market, and basically anything under the sun about stock trading and investing. Royce Aguilar, host and Equity Research Analyst at First Metro Securities...

As the year 2020 inches to a close, we take a look back at the major events that made the market go down and what supported it this year. Starting from the Phase 1 trade deal between US and China to the threat of a global pandemic, the research team at First Metro Sec narrows down the catalysts and the risks in the last episode of our weekly podcast series for this year. #YourFutureFirst

This week, we're going to find out all the fuss about the Santa Claus Rally. By definition, a Santa Claus rally describes the sustaining increase in stock market prices that occurs in the last week of December til the early days of January. What could be the reasons behind this certain stock market effect? Is it aligned with the optimism into the holiday spirit? What investment strategy should you...

In this week's episode, the Research Team at FirstMetroSec tracks down the updates on the latest vaccines and why it's important to talk about it now considering how it might affect global markets in the coming weeks. The top three vaccine candidates: Pfizer-BioNTech, Moderna, and AstraZeneca might actually spur the rally in the month of December. These could be the positive catalyst of what we ca...

All the 30 index names in the PSEi have already reported their 9 months earnings results. In this episode, the Research Team at FirstMetroSec takes a look at each sector and their performance to see which companies are improving. Although most of their year-on-year performance are mostly down, signs of recovery are showing on their quarter-on-quarter performance as the market goes up - owing to th...

This week, we talk about stock rights offerings (SRO) and how it works. By definition, SRO's are a group of rights offered to existing shareholders to purchase additional stock shares known as subscription warrants. The Research Team at FirstMetroSec goes into detail on why companies issue SRO's, its advantages and disadvantages, and what happens if you subscribe in full, ignore your rights, or wh...

Last weekend, we heard that Democratic Party candidate Joe Biden is the apparent winner in the US Presidential elections as forecasted by several news media and several polls. He then became president-elect after winning in Pennsylvania and reaching 270 electoral votes against incumbent president Donald Trump. As the US approaches the next administration, the Research Department at FirstMetroSec t...

Aside from our weekly summary outlook and picks for the PSEi, this episode also discusses all the things you need to know about renewable energy as Philippines turns its focus onto it. Last week, the Department of Energy Secretary Alfonso Cusi said that there's a moratorium on new coal power plant projects. Along with that, large-scale geothermal projects are allowed full foreign ownership. In the...

As the economy continues to thrive in the middle of the COVID-19 pandemic, the Research Team at FirstMetroSec team identifies which stocks are undervalued and which of these can be the faster horse in the coming weeks or in the next few months. Under the guidance of the stock screen, we identify what stocks are under value play — stocks that have low price-to-book yet high return on equity — and u...

President Duterte’s decision to lift the oil exploration moratorium came about with the impending depletion of our natural gas reserves in Malampaya. The Department of Energy (DOE) issued a “resume-to-work” notice to select companies, allowing them begin petroleum-related activities in certain areas within the West Philippine Sea. Oil exploration stocks surged and hit price ceiling after said news...