First Metro Securities

18 May 2026

12:12PM

First Metro spots Jollibee, RRHI MSCI exits ahead of rebalancing

The latest MSCI Philippines rebalancing largely played out in line with earlier expectations from First Metro Securities, including the removal of Jollibee Foods Corp. from the Standard Index and the exit of Robinsons Retail Holdings Inc. from MSCI’s broader Philippine stock index.

5 May 2026

10:29AM

Maynilad set for PSEi entry as Converge, ACEN, DigiPlus battle to stay

The Philippines’ benchmark stock index is heading for its next reshuffle in August, with Maynilad Water Services Inc. (MYNLD) emerging as a near-certain entrant while three listed firms face a tight fight to avoid being dropped.

17 Apr 2026

12:44PM

FirstMetroSec maps PSE winners if Middle East conflict eases

Philippine stocks are entering a pivotal reset phase, with First Metro Securities saying the next move will hinge on whether easing geopolitical tensions translate into sustained macro relief.

10 Feb 2026

1:11PM

First Metro: MSCI shake-up unlikely for PH main index; Apex, Maynilad in focus

MSCI’s February 2026 rebalancing is shaping up to be calm for the Philippines’ main index, even after earlier jitters around a major blue chip, according to First Metro Securities.

10 Feb 2026

10:51AM

FirstMetroSec upgrades Globe price as Starlink, dividends drive recovery

Growing core telco earnings and upside from the Starlink partnership could unlock better profits and more reliable dividends for Globe Telecom, according to First Metro Securities (FMS).

15 Jan 2026

11:59AM

First Metro keeps buy on Megaworld, sees P10-20B annual luxury sales

Tycoon Kevin Tan-led Megaworld Corp.’s push into the high end could soon deliver P10-P20 billion in annual sales, an earnings lever that could help offset softer conditions in the broader property market.

29 Dec 2025

11:12AM

Liquid gold: First Metro turns bullish on Emperador, cites P110-B whisky value

First Metro Securities says Emperador is growing its core brandy business while holding whisky stocks worth as much as P110 billion, value it says the market has yet to fully recognize.

5 Dec 2025

7:36PM

First Metro Securities unveils 2026 PSE range, key stock calls

Philippine equities are entering 2026 with a bruised valuation base but clearer opportunities after a year marked by calamities, corruption probes, and a Peso weakened by the narrowing interest rate gap between the Bangko Sentral ng Pilipinas and the US Federal Reserve.

17 Sep 2025

8:58AM

FirstMetroSec resumes Megawide coverage with bullish “Buy” rating

First Metro Securities has reinstated coverage on Megawide Construction Corp. with a “Buy” rating, saying the builder’s earnings are on track to triple in the next few years.