The local stock market will be watching out mainly for the March inflation rate figure which will be announced by the government on Tuesday. “Next week, inflation is expected to be one of the main themes in the local market. Our March consumer price index data is set to be released with the...
Analysts are cautiously optimistic about prospects at the local stock market given the resilience showed by the PSEi last week although risks posed by global supply disruptions and inflation remain. Last trading week, the local market managed to close still at its 7,000 - 7,100 support range. Also,...
The local stock market will continue to be influenced this week by the ongoing invasion of Ukraine as well as its impact on inflation and, consequently, interest rates. “The Russia - Ukraine war and its impact on the global economy, primarily on oil prices, is still expected to weigh on...
The local stock market is seen to continue being pulled back and forth by earnings reports and positive factors such as the improving Covid-19 situation and negative risks such as Russia’s invasion of Ukraine and inflation fears. “Next week, the local market may continue to trade sideways...
This week, investors will be taking cues from corporate earnings reports, hints on local and US policy rates, and the government’s decision on whether to further relax quarantine restrictions. “The government’s decision on the alert level restrictions in the country for the 2nd half of...
The local stock market may benefit this week from growing optimism as the economy reopens while COVID-19 cases decline although it will also take some cues from the release of economic data. After the PSEi breached the 7,300 resistance level last year, Philstocks Financial Senior Supervisor for...
The local stock market is seen to be swayed by corporate earnings reports, the government’s decision on whether to ease quarantine restrictions, as well as lingering concern over US interest rates. “Next week, we expect the local market to take cues from the government’s decision on the alert...
The local stock market will take cues this week from the US Federal Reserve’s first round of Federal Open Market Committee meeting as well as the release of the Philippines’ fourth quarter gross domestic product data. “The Fed's first round of FOMC this year on Jan 25-26 (statement out on the...
The local stock market is seen to remain volatile this week despite growing optimism over the recovery of the country’s economy amid the surge in COVID cases fueled by the Omicron variant. “Next week, we may see selling pressures take over the market following its 3.57 percent rally last week....
The local stock market is seen to continue to be plagued by the rapidly rising cases of COVID-19 in the country and concern that it will again lead to the highest lockdown level. COVID-19 virus “A continuation of this (rising) trend is expected to further escalate worries over the possibility of...
The local stock market is in for a bumpy ride this year as it will kick off with concerns over a surge in COVID-19 cases possibly due to the highly-transmissible Omicron variant plus the volatility due to the coming elections. “In the latter part of 2021, fears have fueled on the Omicron variant...
For this short trading week, the local stock market is seen to experience thin volumes as investors both here and overseas are still on holiday. “Soft trading activity is expected for the last trading week of the year, as participants take their time to mull strategies—both in the past and...
