This will be a data-driven week for the stock market as investors look ahead to Philippine inflation and gross domestic product (GDP) figures, United States (US) production and employment data, as well as more first-half corporate earnings reports. “Higher-than-expected July inflation might...
While easing inflation in the United States (US) reduced concerns over an interest rate hike, the impact of renewed hostilities in the Middle East is seen weighing on investor sentiment in the local stock market this week. “The US-Iran war remains the biggest downside risk to the local bourse....
Local equities market faces renewed wave of investor caution as mounting geopolitical tensions in the Middle East threaten to stall a two-week rally. While the Philippine Stock Exchange index climbed 3.53 percent over the past two weeks, underlying market participation remains weak. Daily value...
Despite the signing of the United States (US)-Iran peace deal, local stock market investors are advised to remain cautious as the Philippine Stock Exchange’s (PSE) benchmark has lost its momentum amid concerns over lingering inflation and rising interest rates. “Failing to take 6,150, the local...
Local equities face renewed downward pressure as resurfacing geopolitical friction in the Middle East and prospects of further domestic monetary tightening threaten to derail a recent market rally. Investor sentiment is turning bearish following the postponement of peace negotiations between the...
The local stock market is seen to continue having a negative bias this holiday-shortened week despite the lower-than-anticipated inflation data released last week, amid continued uncertainty in the Middle East and its impact on prices and interest rates should hostilities escalate. “The local...
After two strong weeks, the local stock market shifted downward last week and is seen remaining bearish in the coming days due to growing tensions between the United States (US) and Iran. Investors are also expected to take cues from the country’s May inflation data, which will be released on...
The local stock market may trade sideways this week as concerns over rising inflation and interest rates offset hopes for a peace pact between the United States (US) and Iran. “The local market is still expected to deal with lingering uncertainties, which could keep its movement tempered this...
With the conclusion of the first-quarter earnings season, the local stock market is seen turning more bearish as investors take profits from recent gains, with sentiment dampened by the weaker peso, local politicking, and the unresolved Middle East conflict. “The local market has shown positive...
The Philippine stock market is expected to remain cautious and bearish as investor sentiment stays tied to developments in the Middle East and the impact of the conflict on the domestic economy. “The local market is expected to move with a bearish bias this week as it deals with the...
The local stock market is seen to remain bearish this week as investors weigh lingering risks from the Middle East conflict, while awaiting key economic data including April inflation and first-quarter gross domestic product (GDP) figures. “The local market is still expected to move with a...
Local stock market is expected to remain in a bearish holding pattern this week as prolonged diplomatic deadlock in the Middle East dampens investor appetite, even as the market looks toward domestic trade data and the United States (US) Federal Reserve for direction. While local equities have...
