Philippines - Market factors to watch on Feb 18

Sun Feb 17, 2013 7:39pm EST

MANILA, Feb 18 (Reuters) - Following are some
company-related and market news which could have an impact on
the local market.
 
 ---------------- MARKET SNAPSHOT AT 0015 GMT ------------- 
                INSTRUMENT    LAST      PCT CHG    NET CHG 
    S&P 500                   1519.79     -0.10      -1.59
    USD/JPY                     93.73      0.28       0.26
    US 10YR                      2.00     -0.07       0.00
    SPOT GOLD                 1614.41      0.33       5.35
    US CRUDE                    95.80     -0.06      -0.06
    DOW JONES                13981.76      0.06       8.37
    ASIA ADRS                  136.35     -0.34      -0.46
    FTSE 100                  6328.26      0.01       0.90
 ----------------------------------------------------------
    
    GLOBAL MARKETS-Yen falls on draft G20 statement; oil slides
    
    SE Asia Stocks-Indonesia hits fresh high; outperforms on the
week 
    
    STOCKS TO WATCH
    - SAN MIGUEL CORP 
    Conglomerate San Miguel's flagship beer-making unit said its
board has approved the voluntary delisting of its shares from
the Philippine Stock Exchange. To view the disclosure, click on
link.reuters.com/kup95t
    
    - PHILEX MINING CORP 
    The country's top gold and copper miner said it would pay on
Monday, or one day before the deadline, the fine of 1 billion
pesos ($25 million) imposed by the government for last year's
tailings spill at its Padcal mine.
    
    - RIZAL COMMERCIAL BANKING CORP 
    The lender signed an agreement with IFC Capitalization
(Equity) Fund LP, which will subscribe to $100 million worth of
RCBC shares. It also reported 24 percent rise in full-year 2012
net profit. To view the disclosures, click on link.reuters.com/qak95t
 and link.reuters.com/mup95t
    
    MARKET NEWS
> Nikkei bounces after Japan escapes G20 criticism       
> Wall St ends slightly down, S&P positive for 7th wk    
> Bond yields up on consumer sentiment                  
> Yen sags as G20 OK with Japan reflation effort       
> Gold drops over 3.7 pct in week on technical selling 
> Oil sinks, Brent headed for 1st weekly loss since Jan 
    
    REUTERS NEWS - PHILIPPINES
> Philippines' remittances hit record in Dec    
> Gunmen refuse to leave in Malaysia standoff  
    
    ASIA-PACIFIC STOCK MARKETS
    S.Korea       China      Hong Kong    
    Taiwan       India       Australia/NZ 
     
    OTHER MARKETS
    Currency      Eurostocks      JP bonds  
    ADR Report    LME metals  
         
    STOCKS NEWS
    US 
    Europe 
    Asia   
    
    DIARIES & DATA: 
    Philippines diary   
    U.S. earnings diary     
    European diary      
    Asia Macro         
        
    TOP NEWS
    Front Page         Asian companies 
    U.S. company News European companies 
    Forex news          Global Economy 
    Tech, Media and Telecoms 
    Financials          General/political 
    A multimedia version of Reuters Top News is available at: 
    topnews.session.rservices.com

 (Reporting by Manila Newsroom; Editing by John Mair)
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