First Metro Asset Management Inc

Fund Fact Sheets – December 19, 2014

Fund Fact Sheets for December 19, 2014

SALEF

SALBF

SALFIF

2014 Holiday Schedule

2014-12-22 - Holiday Schedule

2014-12-15 – Philippine Stock Market 2015: A Fiscal Upside

FMICDear all,
Releasing our latest report on the Philippine Stock Market, as published by FMIC’s Research Department.

Download the full PDF here! DOWNLOAD

 

2014-12-16: Weekly Summary for Equities

PSEi fell -0.09% to 7,224.21 on profit-taking. MPI fell -8.0% as Bases Conversion and Development Authority (BCDA) issued Swiss price challenge guidelines in connection with the Business and Operating Agreement executed between BCDA and Manila North Tollways Corp. (MNTC) over the SCTEX in July 2011. The gaming components of PSEi fell -3.5% on China’s anti-corruption drive and clampdown on Macau junkets. On top of gaming industry-wide slowdown, BLOOM’s price decline (-7.9%) was exaggerated by the arbitration proceedings relating to Global Gaming Asset Management’s 8% stake in the company.

Elsewhere, Moody’s upgraded the Philippines a notch above investment grade at Baa2 from Baa3 with a stable outlook. BSP kept rates unchanged during its last rate-setting meeting for the year, in line with market expectations.

Foreigners were net sellers last week amounting to Php2.4bn.  Total value turnover amounted to Php39.9bn, of which 50% is attributable to foreign transactions. YTD, PSEi’s total value turnover amounted to Php2.0tn with net foreign buying of Php54.2bn.

Fund Fact Sheets – December 12, 2014

Fund Fact Sheets for December 12, 2014

SALEF

SALBF

SALFIF

Fund Fact Sheets – December 5, 2014

Fund Fact Sheets for December 5, 2014

SALEF

SALBF

SALFIF

Announcement – December 8, 2014

AnnouncementGood morning everyone,

Please note that FAMI’s Makati and Binondo offices will be closed starting 2PM today, December 8, 2014.

Stay dry and safe everyone. #RubyPH

 

Fund Fact Sheets – November 28, 2014

Fund Fact Sheets for November 28, 2014

SALEF

SALBF

SALFIF

First Metro Asset Management Inc