Philippines Market Insights 2017.11.07

フィリピン株式ニュースハイライト

News Highlights: San Miguel Corp. (SMC)’s board approved the consolidation  of Food & Beverage (F&B) units under Purefoods (PF) that will be done via share-­‐swap. JG Summit Holdings (JGS) awarded the $197mn petrochemical expansion in Batangas to Posco Engineering of South Korea. Metro Pacific Investments (MPI)’s tollway unit, Metro Pacific Tollways (MPTC), signed an accord with PT Matahari Kapital Indonesia  to acquire PT Matahari’s  shares in infrastructure  holding firm, PT Nusantara Infrastructure  Tbk. On the economic front, the Bureau of Internal Revenue (BIR) exceeded its collection goal for September,  generating P141.66bn in revenue, +24.5% YoY and +8.87% higher than the target P130bn.

マーケットモニター

各国市場モニター

各国の株式市場動向

PHILIPPINES

Mart lands at record-­‐high, PSEi @ 8,523: The benchmark ended at a record-­‐high taking cue from Wall Street's upbeat performance, corporate earnings flowing in, as well as excitement over SMC's plan to consolidate its traditional businesses. All sectors rose, with Holdings (+2.45%), Industrial (+1.85%), and Services (+1.32%) taking the lead. Among actively traded shares were: BDO (+P0.50 at P144.50), BLOOM (+P0.26 at P10.16), ALI (+P1.00 at P45.00), SMPH (-­‐P0.35  at P37.05), and MER (+P5.40 at P295.60), on 7.29bn turnover. Gainers outperformed losers, 105-­‐95, with net foreign buying at P267.22mn.    

Might  sustain  momentum. Mart might sustain its upward trajectory, bolstered by a new set of healthy corporate earnings coming in and continued upbeat performance from Wall Street. Trade cautiously  though  as  the  market  tends  to  correct  after  reaching  record  high.  Immediate  support 8,350, resistance 8,600.

ASIA

Asian  bourses  mostly  lower: Unlike our local bourse, our regional peers ended flat or lower on Monday as Trump begins his 10-­‐day  trip in Asia. Chinese shares were mostly lower after China's central bank governor warned of risks in their country's financial system.

WALL STREET 

Shares  gained  modestly:  US  shares  rose  moderately  on  healthy  corporate  earnings  despite unsettling developments in Saudi Arabia

COMMODITIES

Rally  fueled  by  geopolitical  risk: Oil prices surged to highest levels after the Saudi crown prince arrested a number of princes and ministers as part of a crackdown on corruption. West Texas Intermediate (WTI) climbed $1.71 to $57.35/barrel.    

 

フィリピン国内各企業動向

SMC to consolidate F&B units under PF:

San Miguel Corp. (SMC)’s board approved the consolidation of Food & Beverage (F&B) units under Purefoods (PF) that will be done via share-­‐swap.   A special meeting will be called on Jan 18, 2018.   SMC will swap 7.86bn shares of SMC Brewery (51.6%-­‐owned  by SMC) and 217mn Ginebra San Miguel, Inc. (GSMI) shares (77.3%-­‐owned)  for PF’s newly-­‐issued 4.24bn shares, for total transaction of P336bn.   The consolidated firm will be renamed San Miguel Food & Beverage, Inc.  Also, PF will reduce the par value of the common shares to cover its stock split.

JGS awards $197mn petrochem expansion to SK firm:

JG Summit Holdings (JGS) awarded the $197mn petrochemical expansion in Batangas to Posco Engineering of South Korea.  Ethylene production will rise to 500k MT (+56%), completion slated in 2020.

MPI’s tollway unit increases stake in Indonesian firm:

Metro Pacific Investments (MPI)’s tollway unit, Metro Pacific Tollways (MPTC), signed an accord with PT Matahari Kapital Indonesia to acquire PT Matahari’s shares in infrastructure holding firm, PT Nusantara Infrastructure Tbk.  MPTC indirectly bought  6.6bn  shares  of  PT  Nusantara  for  $132mn (P6.9bn), equivalent to 42.25%.   PT Nusantara is an infra holding firm engaged in toll roads, port operations, water, energy and telecommunications.

MER is working on a new billing system:

Manila Electric Company (MER) is working on billing reporting system that would include customers’ bill deposit+accrued interest. The scheme would allow MER to inform clients whether they need to top-­‐up, or get a refund based on their average 12-­‐month bill.

CPG’s PHirst Park signed a P1bn loan:

Century Properties Group (CPG)’s PHirst Park Homes signed P1bn loan with BDO for the 26ha. low-­‐cost  housing in Tanza, Cavite. Total units at 2,877, construction start 1Q18, first 878 homes for turnover 3Q18.

SLI aimed to achieve 20% CAGR by getting debt securities:

Sta. Lucia Land, Inc. (SLI) plans to get P5bn-­‐P7bn  debt securities in 2018 to support its P15bn, 3-­‐ year capex plan. SLI aimed to achieve 20% CAGR from 2010-­‐2016.

フィリピン経済指標

BIR exceeds collection target for September:

The Bureau of Internal Revenue (BIR) exceeded its collection goal for September, generating P141.66bn in revenue, +24.5% YoY and +8.87% higher than the target P130bn.

Exports likely to grow 10%:

Trade officials said the country’s aggregate exports of goods and services are likely to surge at least 10% this year after a flat turnout in 2016 on the back of continued recovery of foreign markets

記事提供:

 

この記事が気に入ったら
いいね!しよう

最新情報をお届けします

フィリピン株証券口座を「無料」で開設できます!

弊社がサポートすることで、日本に住む日本人の方でも簡単にフィリピンの大手証券会社「ヤップスター証券」にて、フィリピン証券口座が作れます。口座開設に関わるサポート料は「無料」です!

これから伸び行くアジアの雄「フィリピン」で株の売買をはじめましょう!

興味ある方は、下記のリンクを今すぐクリックしてください。