Releasing the 31st issue of The Bellwether, as published by FMIC’s IAG-Research.
This is a fortnightly publication on market action and outlook. The following are the highlights of the 31st issue:
- U.S. Fed QE3 Exit Increasingly for Real
- 2Q2013 GDP Growth Breaks Away from Decade Trend of Philippine Election Years
- Aboitiz Power Corporation (AP) Clinches 120MW Ancillary Contract, Works Out Lower Steam Pricing with Chevron
The month of August which normally occupies most of the ghost month is almost over. True to form, the ghosts took their toll on local stocks. The last two weeks although short in terms of number of days showed us the biggest declines in both number of index points and percentage points.
We are pleased to release the August issue of The Market Call, as published by the FMIC & UA&P Capital Markets Research. This is a result of an in-depth analysis on the emerging and leading trends in the global and local markets that have shaped the direction of the Philippine capital markets in the last four weeks.