The Philippine stock market is seen to weaken further this short trading week as COVD-19 cases continue to surge, sparking talks of the imposition of even more stringent lockdown measures—the government’s main tool in trying to keep infections down. “The local market may decline next week as...
The local stock market is seen to fall lower this week as the number of new COVID-19 cases continued to rise—raising the specter of an enhanced community quarantine which had almost grounded the Philippine economy to a halt last year. “The local market may extend its decline next week as our...
The local stock market is seen to remain volatile this week due to the upcoming release of earnings results of some index heavyweights as well as the inflation figure for February. “Inflation expectations are expected to be one of the main drivers of the market ahead of the release of the...
Trading at the stock market this week is seen to be volatile due to a confluence of factors including earnings reports from some blue chip companies. Photo credit: https://www.pse.com.ph “A shortened trading week (EDSA Revolution Anniversary on February 25) interspersed with earnings...
After making huge gains last week, investors are seen to test the stock market’s strength this week amid concern over the new COVID-19 variant on one side and vaccine roll-out news and the passage of the corporate recovery bill on the other. “Next week, the local market is seen to move sideways...
The local stock market is seen to trade with a downward bias this week even as investors await the release later in the week of the gross domestic product figure for the fourth quarter of 2020. “The local market’s bias is still seen to be tilted to the downside amid waning optimism and...
The local stock market is seen to be weighed down by concern over the impact of the new COVID-19 strain although this may be counterbalanced by excess cash in the system as well as developments overseas. “Next week, we may see sideways movement from the local market with a downward bias. Pandemic...
The local stock market is seen to be vulnerable to profit-taking this week as investors weigh risks posed by the new coronavirus strain against optimism over a US stimulus package as well as the roll-out of vaccines overseas. “Next week, the market could trade sideways with a downward bias. We...
While the Philippine stock market continues to defy expectations of a correction, analysts continue to believe that it is time to take some money off the table as stock prices have gone up too high, too fast. Seen...
Further weakness is seen in the stock market this week, following the trend set last week which was marked by profit-taking and foreign selling. However, online brokerage firm 2TradeAsia.com said long term prospects appear to improve with recent developments in the Senate as well as the hope...
The local market is seen to make a healthy correction to digest strong gains made last week on the success of two COVID-19 vaccines and the surprise rate cut by the Bangko Sentral ng Pilipinas. “This week, we may see a pullback as investors book gains out of the market’s 3-week...
Movements in the local stock market this week will continue to be influenced by the US elections as well as the announcement of the third quarter economic performance and more corporate earnings releases. “Headlines on the US presidential race should remain a volatility churner in the corning...
