After its weak performance last week, the local stock market will now be waiting for the release of the country’s inflation data for cues as to which direction to take. “Next week, the local market is expected to take cues from various economic data. Primarily, investors are expected to watch...
Stock investors are expected to take cues from the release of a slew of data this week, which includes the Philippines’ budget and trade balance numbers as well as US gross domestic product and jobless claims. Rizal Commercial Banking Corporation Chief Economist Michael L. Ricafort said upcoming...
Investors in the Philippine stock market will be watching out for news on how the mid-term elections was conducted and how the Marcos administration’s candidates fared while also waiting for the release of remittance numbers. Rizal Commercial Banking Corporation Chief Economist Michael L....
Stock investors are seen to remain cautious, despite last week’s strong performance, and will continue to watch for developments related to US trade and tariff negotiations although the start of the first quarter earnings season may inject some life into the local mark” “The local market rose...
While conditions are rosy at the domestic front, cautious trading is expected at the local stock market as investors would not want to leave their bets during the Lenten break, wary that global markets remain restive and another tweak in US tariff policy can sent global markets into another...
As United States (US) President Donald Trump’s tariffs will continue to weigh down global equities markets this week, the Philippine Stock Exchange will not be an exception, although traders are hoping that low valuations and a possible rate cut by the Bangko Sentral ng Pilipinas (BSP) will spur...
The local stock market has turned bearish again following jitters caused by US tariff plans which are seen to continue hounding the bourse although sentiment may change depending on March inflation numbers that will be released late this week. “We still see global economic outlook concerns caused...
The stock market is seen to remain volatile amid uncertainty caused by US President Donald Trump’s tariff policies, as their impact may affect policy moves by the Federal Reserve. The Fed unanimously voted to keep rates unchanged at 4.5 percent for the second straight meeting of 2025,...
Amid strong corporate results and hopes for an April rate cut, investors in the local stock market are seen to continue accumulating cheaper stocks this week while waiting for stronger catalysts. “The BSP (Bangko Sentral ng Pilipinas) is reportedly mulling an April rate cut but reiterates how...
The local stock market is seen to remain volatile due to geopolitical and interest rate concerns, although share prices may get a boost from the Philippines’ exit from the grey list of the Financial Action Task Force (FATF). Unicapital Securities Equity Research Analyst Jeri R. Alfonso said that...
While the recent rout in the stock market has brought stock prices down to attractive levels, uncertainties over trade and monetary policies are dampening investor sentiment. According to 2TradeAsia.com, the Bangko Sentral ng Pilipinas’ signalling that it may push back the next rate cut well into...
Investors in the local stock market will be watching out for cues from the Bangko Sentral ng Pilipinas’ policy meeting this week. The local market was able to bounce back last week, supported by active trading and net foreign inflows. In the process, the market was able to get past the 6,000 and...