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...
Russian invasion, alert level to sway stocks By JAMES A. LOYOLA Russia’s invasion of Ukraine and its impact on global equities and other markets will continue to weigh on the local bourse although an easing of quarantine measures may give the PSEi a little boost. “Next week, the local market is...
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...
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...
