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Monthly Archives: March 2018
Daily Notes: March 28, 2018
Market Outlook The market seem to be recovering despite the trade war issues between the US and China. The local bourse managed to close above 8000 level on Tuesday after the continuous close in the 7900 level on the previous … Continue reading
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Daily Notes: March 27, 2018
Market Outlook The Package 2 of the Tax Reform for Acceleration and Inclusion by the Philippine government will give better incentive package where it will take nationality cap on export companies that wishes to sell in the domestic market. The … Continue reading
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Daily Notes: March 23, 2018
Market Outlook The market rebounds as it closed on the green today despite the rate hike of the Federal Reserve of 25 basis points to a range of 1.5 percent to 1.75 percent in the policy meeting held on Wednesday. … Continue reading
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Daily Notes: March 21, 2018
Market Outlook Expecting the Fed meeting to be happening tomorrow, we cannot expect that there will be a reversal yet for the index. What the market should do now is hold above the 8,000 level to stop further bleeding. For … Continue reading
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Daily Notes: March 20, 2018
Market Outlook The market continues to show weakness as it has once again broken its 8,200 level support intraday during the first trading day of the week. Market has not yet found its strong support in this trend. We should … Continue reading
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Daily Notes: March 19, 2018
Market Outlook The market is seen to continue moving sideways as there is no strong catalyst yet to support. Meanwhile in the US market, Fed Reserve Chairman Jerome Powell is set to have first FOMC meeting on Wednesday which the … Continue reading
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Daily Notes: March 16, 2018
Market Outlook The global market continues to be at risk in trading with the US market on the red because of the departure of Gary Cohn and Rex Tillerson from the White House. On the other hand, PH market also … Continue reading
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Daily Notes: March 15, 2018
Market Outlook The market played below the previous close, even touched the 8200 level, and eventually closed at 8,348.74. The US decision in implementing a 10 percent levy on imports could possibly lead a trade war which could cost global … Continue reading
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Daily Notes: March 14, 2018
Market Outlook The market still played around 8400 level but below the previous close. The market closed today at 8,419.57. The local bourse continues to move sideways as the Foreign Direct Investment of the country in 2017 is higher than … Continue reading
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Daily Notes: March 13, 2018
Market Outlook The market played in the 8400 level today and closed on the positive. Optimism is seen on the global markets as most markets are on the green territory. The market may still continue to move sideways with the … Continue reading
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