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Dear Valued Client,
Please be informed that there will be no trading on February 25, 2019 (Monday) in observance of EDSA People Power Revolution Anniversary.
Offices are closed but you may still access your account.
Very truly yours, ABACUS SECURITIES CORPORATION
MyTrade service will be temporarily unavailable shortly after market is closed, on 8th of February 2019 (Friday) from 6:00PM to 9:00PM due to monthly maintenance work.
We apologize for any inconvenience. Please feel free to contact us if you have any questions or concerns.
Very truly yours,
ABACUS SECURITIES CORPORATION
Please be informed that there will be no trading on February 5, 2019 (Tuesday) in observance of Chinese New Year.
MyTrade service will be temporarily unavailable shortly after market is closed, on 4th of January 2019 (Friday) from 6:00PM to 9:00PM due to monthly maintenance work.
JG Summit (JGS) has been resilient and is holding above its 10-day MA. Support are at P65.00 & P62.25. The key breakout point is at...
Weekly Technical Updates
TODAY'S FOCUS: MORE INDICATIONS
We have received Q4 indications from three more consumer companies. PIZZA: Q4 same store sales growth (sssg) is said to be lower than the +5% in 9M18...
IN FOCUS: PIZZA, CNPF, SSI, Budget Deficit, SCC, ABS, Brexit, US Economy
Budget Gap Widens, Exceeds Ceiling
The government breached its budget deficit ceiling in 2018 as it spent beyond the amount programmed for public goods and services. Data obtained by reporters on Thursday showed that the budget deficit last year widened to P558.3 billion, bigger than the P526.8-billion adjusted program set by the Cabinet-level, interagency Development Budget Coordination Committee (DBCC) in October last year....
The recomposition of the PSE Index takes effect at the start of trading on February 18, 2019. By now, funds have already benchmarked...
THE FOURTH QUARTER 2018 NATIONAL ACCOUNTS
The economy grew 6.1% in the fourth quarter of the year, bringing full-year 2018 growth to 6.2%. Although the fourth quarter was slower than...
Analysts' Briefing for the Financial and Operating Results of Metro Retail Stores Group, Inc. (MRSGI):
Analysts' Briefing for the Financial and Operating Results of San Miguel Corporation (SMC):
Analysts' Briefing for the Financial and Operating Results of D.M. Wenceslao & Associates, Incorporated (DMW):
Analysts' Briefing for the Financial and Operating Results of Pilipinas Shell Petroleum Corporation (SHLPH):
The Board approved the holding of the Annual Stockholders' Meeting of BHI Holdings, Inc. (BH):
The agenda for the 2017 Annual Stockholders' Meeting shall be as follows: 1. Call to Order; 2. Proof of Notice; 3. Certification by the Corporate Secretary on the sending of notices and existence of Quorum; 4. Reading and Approval of the Minutes of the Annual Stockholders' Meeting held last December 19, 2017; 5. Report of the Chairman; 6. Consideration and approval of Financial Statements for the preceding year: 7. Appointment of Punongbayan and Araullo as external auditors; 8. Election of Directors; 9. Other Matters; 10.Adjournment.
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