Monthly Archives: April 2018

Market Outlook The local bourse has declined further today, getting nearer to its year to date lowest point. The market is still reflecting negative speculations and worries with respect to the fundamentals. It can be said that the market is … Continue reading →

Market Outlook Though the final fifteen minutes rally for today was not able to push the local bourse above its previous closing price, it was enough to bring it back above the 7700 level. The market is still in a … Continue reading →

Market Outlook The bears continue to batter the bulls, bringing the index to  the 7,600 level as expected and still bound to go even lower as mentioned in the previous reports. We are still expecting to see the impending effect … Continue reading →

Market Outlook The market took a bounce from the other day’s drop but we cannot say this early that this is a reversal of the current trend. As mentioned in the previous report, next support is seen at the 7,200 … Continue reading →

Market Outlook With the day’s market move, a clear downtrend is set to continue after support after support gets broken. During the intraday session, the market broke the 7,800 and 7,700 supports which just show that buyers are far outnumbered … Continue reading →

Market Outlook The PSEI failed to break its 20-day moving average to negate the current trend as it fell lower, back to the level where it was July of last year. This is not a good sign for the market … Continue reading →

Market Outlook The local bourse moving sideways with the optimism in the market as the BSP data was released about the PH foreign direct investment on the positive, surpassing the figures in the same period last year. For the full … Continue reading →