^
+ Follow ASIASEC EQUITIES INC Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 375232
                    [Title] => Index rises to highest level in 91/2 years on Wall St rally
                    [Summary] => 

Share prices rose 0.81 percent yesterday to their highest levels in nine and a half years, boosted by Wall Street’s gains overnight, dealers said. 


There was renewed interest in market heavyweight Philippine Long Distance Telephone Co., (PLDT) which ended a seven-day losing streak as it tracked the gains in its New York-traded American Depositary Receipts.

The composite index added 23.02 points to 2,856.29, its best finish since June 20, 1997. It traded between 2,860.57 and 2,833.27.

The broader all-share index rose 13.28 points to 1,779.87.
[DatePublished] => 2006-12-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 337196 [Title] => Index edges up due to April budget surplus [Summary] => Share prices closed 0.14 percent higher yesterday, supported by a sharp rise in the budget surplus for April which bolstered confidence in the country’s fiscal position, dealers said.

Market reaction, however, was relatively muted because investors have already factored in the positive data and remained wary after recent heavy losses in the region, they said.

The Philippine Stock Exchange Index gained 3.38, or 0.1 percent, to close at 2,463.57 at noon. In the broader market, gainers beat losers 53 to 48.
[DatePublished] => 2006-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 318341 [Title] => Index edges up on lower budget deficit figure [Summary] => Share prices closed 0.18 percent higher yesterday, supported by figures showing a lower budget deficit last year and an easing in oil prices, dealers said.

However, continuing rumors of new plots to overthrow President Arroyo kept some investors worried, they said.

The composite index rose 3.86 points to 2,103.37 after trading between 2,095.78 and 2,105.49.

Volume reached 3.5 billion shares worth P786.1 million. Gainers marginally outnumbered decliners 40 to 39, while 53 stocks ended unchanged.

The all-shares index advanced 5.93 points to 986.92. [DatePublished] => 2006-01-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 247155 [Title] => Armored van kills pedestrian in Makati [Summary] => Charges of reckless imprudence resulting to homicide was filed against a 30-year-old security guard after the armored van he was driving allegedly ran over a 57-year-old pedestrian in Makati City last Tuesday afternoon.

Senior Police Officer 1 Miguel Descalzo, traffic investigator, said Ernesto Gabel, a messenger of Asiasec Equities Inc., of 02166 Pildera I, Block II, MIA Road, Pasay City was instantly killed in the accident.

Descalzo said charges were filed before the Makati City Prosecutor’s Office against Joefrey Ancehta, 30, a resident of Pasay City.
[DatePublished] => 2004-04-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [4] => Array ( [ArticleID] => 191065 [Title] => GMA move to revitalize economy boosts stocks [Summary] => The stock market closed at its highest level in nearly two months yesterday as investors cheered President Arroyo’s vow to revitalize the economy. [DatePublished] => 2003-01-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 171097 [Title] => Stocks plummet to fresh 8-month low [Summary] => Stocks plunged to a new eight-month low yesterday as the local bourse shuddered over the prospects of a continued weakening in the US markets, where major indices have fallen to fresh five-year lows. [DatePublished] => 2002-08-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 144391 [Title] => Kirin deal to boost SMC [Summary] => The entry of Kirin Brewery Co. in San Miguel Corp. (SMC) should be a boost not only for San Miguel but also for the Philippines, Asiasec Equities Inc. said as it recommended a "buy" on SMC shares.

"The capital infusion is a clear vote of confidence to SMC and the country. It is hard to imagine why any investor would commit capital, at a hefty premium for a minority interest, given the prevailing country and political risk," Asiasec noted.
[DatePublished] => 2001-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 130860 [Title] => Market edges up on technical buying of PLDT [Summary] => Share prices rose 0.4 percent yesterday on technical buying of Philippine Long Distance Telephone Co. (PLDT) after it fell to an eight-year low, brokers said.

The dominant carrier "went down to an eight-year low of P550 last week. Now it’s gone up to P565," said Mike Ordinanza of PCI Capital Corp.

The Philippine Stock Exchange composite index added 4.96 points to close at 1,311.13.

The presence of some institutional buyers indicate some fundamental positioning in PLDT, said Martin Enrile, an analyst for ATR Kim Eng Securities Inc.
[DatePublished] => 2001-08-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 95900 [Title] => Peso dives to 51 to $1; stocks take hammering [Summary] => The initial euphoria over the arrest of former President Joseph Estrada turned out to be short-lived as gloom descended again on local markets yesterday with investors turning jittery over the unrest caused by Estrada’s followers, the weakness in regional currencies and concerns over spillover effects from Argentina’s financial woes.

At the Philippine Dealing System (PDS), the peso closed at a 15-week low of 51 to the dollar with no sign of Bangko Sentral ng Pilipinas (BSP) intervention.
[DatePublished] => 2001-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 87333 [Title] => SEC to pursue BW probe [Summary] =>

Sidestepping an injunction handed down by the Court of Appeals (CA), the Securities and Exchange Commission (SEC) said yesterday it will pursue its own investigation on the alleged stock price manipulation and insider trading involving Best World Resources Corp. [DatePublished] => 2000-03-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )

ASIASEC EQUITIES INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 375232
                    [Title] => Index rises to highest level in 91/2 years on Wall St rally
                    [Summary] => 

Share prices rose 0.81 percent yesterday to their highest levels in nine and a half years, boosted by Wall Street’s gains overnight, dealers said. 


There was renewed interest in market heavyweight Philippine Long Distance Telephone Co., (PLDT) which ended a seven-day losing streak as it tracked the gains in its New York-traded American Depositary Receipts.

The composite index added 23.02 points to 2,856.29, its best finish since June 20, 1997. It traded between 2,860.57 and 2,833.27.

The broader all-share index rose 13.28 points to 1,779.87.
[DatePublished] => 2006-12-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 337196 [Title] => Index edges up due to April budget surplus [Summary] => Share prices closed 0.14 percent higher yesterday, supported by a sharp rise in the budget surplus for April which bolstered confidence in the country’s fiscal position, dealers said.

Market reaction, however, was relatively muted because investors have already factored in the positive data and remained wary after recent heavy losses in the region, they said.

The Philippine Stock Exchange Index gained 3.38, or 0.1 percent, to close at 2,463.57 at noon. In the broader market, gainers beat losers 53 to 48.
[DatePublished] => 2006-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 318341 [Title] => Index edges up on lower budget deficit figure [Summary] => Share prices closed 0.18 percent higher yesterday, supported by figures showing a lower budget deficit last year and an easing in oil prices, dealers said.

However, continuing rumors of new plots to overthrow President Arroyo kept some investors worried, they said.

The composite index rose 3.86 points to 2,103.37 after trading between 2,095.78 and 2,105.49.

Volume reached 3.5 billion shares worth P786.1 million. Gainers marginally outnumbered decliners 40 to 39, while 53 stocks ended unchanged.

The all-shares index advanced 5.93 points to 986.92. [DatePublished] => 2006-01-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 247155 [Title] => Armored van kills pedestrian in Makati [Summary] => Charges of reckless imprudence resulting to homicide was filed against a 30-year-old security guard after the armored van he was driving allegedly ran over a 57-year-old pedestrian in Makati City last Tuesday afternoon.

Senior Police Officer 1 Miguel Descalzo, traffic investigator, said Ernesto Gabel, a messenger of Asiasec Equities Inc., of 02166 Pildera I, Block II, MIA Road, Pasay City was instantly killed in the accident.

Descalzo said charges were filed before the Makati City Prosecutor’s Office against Joefrey Ancehta, 30, a resident of Pasay City.
[DatePublished] => 2004-04-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [4] => Array ( [ArticleID] => 191065 [Title] => GMA move to revitalize economy boosts stocks [Summary] => The stock market closed at its highest level in nearly two months yesterday as investors cheered President Arroyo’s vow to revitalize the economy. [DatePublished] => 2003-01-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 171097 [Title] => Stocks plummet to fresh 8-month low [Summary] => Stocks plunged to a new eight-month low yesterday as the local bourse shuddered over the prospects of a continued weakening in the US markets, where major indices have fallen to fresh five-year lows. [DatePublished] => 2002-08-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 144391 [Title] => Kirin deal to boost SMC [Summary] => The entry of Kirin Brewery Co. in San Miguel Corp. (SMC) should be a boost not only for San Miguel but also for the Philippines, Asiasec Equities Inc. said as it recommended a "buy" on SMC shares.

"The capital infusion is a clear vote of confidence to SMC and the country. It is hard to imagine why any investor would commit capital, at a hefty premium for a minority interest, given the prevailing country and political risk," Asiasec noted.
[DatePublished] => 2001-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 130860 [Title] => Market edges up on technical buying of PLDT [Summary] => Share prices rose 0.4 percent yesterday on technical buying of Philippine Long Distance Telephone Co. (PLDT) after it fell to an eight-year low, brokers said.

The dominant carrier "went down to an eight-year low of P550 last week. Now it’s gone up to P565," said Mike Ordinanza of PCI Capital Corp.

The Philippine Stock Exchange composite index added 4.96 points to close at 1,311.13.

The presence of some institutional buyers indicate some fundamental positioning in PLDT, said Martin Enrile, an analyst for ATR Kim Eng Securities Inc.
[DatePublished] => 2001-08-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 95900 [Title] => Peso dives to 51 to $1; stocks take hammering [Summary] => The initial euphoria over the arrest of former President Joseph Estrada turned out to be short-lived as gloom descended again on local markets yesterday with investors turning jittery over the unrest caused by Estrada’s followers, the weakness in regional currencies and concerns over spillover effects from Argentina’s financial woes.

At the Philippine Dealing System (PDS), the peso closed at a 15-week low of 51 to the dollar with no sign of Bangko Sentral ng Pilipinas (BSP) intervention.
[DatePublished] => 2001-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 87333 [Title] => SEC to pursue BW probe [Summary] =>

Sidestepping an injunction handed down by the Court of Appeals (CA), the Securities and Exchange Commission (SEC) said yesterday it will pursue its own investigation on the alleged stock price manipulation and insider trading involving Best World Resources Corp. [DatePublished] => 2000-03-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )

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