Investors will be watching out for signs if Santa Claus will be visiting the local stock market in the last two weeks of trading when the index often rallies before 2021 ends due to positioning for the new year. “Recovery was a major plot-point for equities in 2021, and is likely to spill over to...
As the stock market seems to have calmed down from the initial panic reaction to the Omicron variant, investors will be watching out for inflation figures this week and see how central banks will telegraph their moves. “Inflation will be a key theme for next week—or rather, the expected...
Stock market investors are seen to remain cautious this week as it does not have any major announcement scheduled that may affect sentiment. “Next week, the overall sentiment is expected to remain cautious as investors wait for catalysts for the market,” said Philstocks Financial Senior...
Stocks to take cues from politics, COVID cases James A. Loyola The local stock market is seen to be swayed by recent political developments this week although investors continue to be optimistic amid the reopening of the economy and the generally positive corporate results for the third quarter....
After breaching the 7,300 level, the local stock market is seen to test its strength further this week to see if it can reach the 52-week high of 7,432.40 for the Philippine Stock Exchange Index (PSEi). “While last week’s rally could invite selling pressures, the market is still seen to have an...
The local stock market is seen to start weaker due to the extension of quarantine measures although investors’ sentiment will also be swayed by the October inflation figure as well as corporate earnings reports. “The failed hopes of downgrading the National Capital Region’s alert level by...
While the PSEi retreated right after breaching the 7,300 level, the market is seen to try to push it back again if it gets encouraging news from initial corporate earnings results as well as from the new COVID cases reports. “While the local market had a good run this past trading week, it was...
The local stock market is seen to be cautiously optimistic this week as it builds up strength above the 7,000 level for its fourth quarter run although inflationary factors may put at damper on sentiment. “Next week, the local market could move sideways. The brightening economic prospects brought...
Since politicians have already filed their certificates of candidacies, although there may be some substitutions before November 15, investors are now expected to refocus on the COVID situation and wait to see of the government will ease restrictions further. “This week, investors are expected to...
The local stock market will be looking out for the release of September’s inflation rate, the impact of rising oil prices on goods and services, as well as the filing of candidacies for next year’s national elections. “Next week, the local market’s movement could depend on our COVID-19...
The local stock market is seen to be cautiously optimistic this week although it is still uncertain if it will have enough steam to breach, and stay above, the 7,000 resistance level. “The local market may still take cues from our COVID-19 situation. Last week, our case counts have averaged...
This week, stock market investors will be watching out for three key government announcements on the quarantine classification as well as the latest inflation and unemployment data. “The local bourse may take cues from the government’s decision regarding the quarantine classifications of the...
