First Metro Securities

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.

28 Aug 2025

2:18PM

FirstMetroSec sees mobile opening for Converge’s Dennis Uy, who once eyed 3rd telco slot

By: Miguel R. Camus

Brokerage house First Metro Securities sees an opening for Converge’s Dennis Uy to break into the mobile market, reviving ambitions he first pursued in the 2018 bid for a third telco player.

26 Aug 2025

10:54AM

Konektadong Pinoy Act shakes up telco sector; First Metro sees clear winner

By: Miguel R. Camus

The law lapsed into effect on Aug. 24, setting the stage for a major shake-up in the Philippine telecom sector since it introduces reforms that will lower entry barriers and overhaul decades-old rules.

8 Aug 2025

9:31AM

MSCI changes coming to PSE stocks, First Metro Securities’ forecasts on point

By: Miguel R. Camus

The closely-followed Morgan Stanley Capital International (MSCI) rebalancing is set to reshape the Philippines Small Cap Index, with investors watching stocks that are poised to attract fresh fund inflows.