Author Archives: research

OUR VIEW Trade cautiously amid weakening momentum due to lack of strong catalyst. Investors will be waiting for the new quarantine guideline which is uncertain given the growing number of Covid-19 cases and weakening economy due to lower demand and … Continue reading →

OUR VIEW Trade cautiously since investors are waiting for the decision of the government on community quarantine, while Covid-19 cases is still increasing. Overseas, positive sentiment could spill over as most equity markets shrugged off the coronavirus fears. The market … Continue reading →

OUR VIEW FOR THE WEEK Book profits this week as political risks are seen to further dampen the already COVID-19 stricken market sentiment. The local market is seen to have a downward bias as local Coronavirus cases climb at an … Continue reading →

OUR VIEW Trade within 6,000 and 6,580 levels. Lack of strong catalyst amid rising cases of Covid-19 in the Philippines to lead the market in sideways movement. Investors are also bracing themselves for the second quarter results, although it is … Continue reading →

OUR VIEW Trade cautiously amid the mounting Covid-19 cases in the country which we expect to bring negative sentiment further. Money supply grew quicker by 16.6% y/y, vs. 16.2% in April. However, slower expansion in bank lending was also recorded. … Continue reading →

OUR VIEW Buy on dips as we expect a rebound after the market ended lower yesterday, while investors await June inflation rate data today. The benign inflation outlook could spur optimism, look for consumer stocks since this sector will benefit … Continue reading →

OUR VIEW FOR THE WEEK Trade cautiously as the local market test the validity of current levels amid economic recovery hopes and lingering COVID-19 risks. The challenge of the local bourse now is to sustain its ground above the 6,350 … Continue reading →

OUR VIEW Trade cautiously as hopes for coronavirus vaccine and economic recovery are expected to give boost to the market sentiment. 20-day and 50-day exponential moving average (EMA) are the PSEi’s dynamic support while resistance is peg around 6,567.00 level. … Continue reading →

OUR VIEW Short-term trading range would be from support of 6,100 to trend resistance of 6,220.00. Philippine manufacturing PMI data of 49.7, raises hopes for further economic recovery this month given the easing of lockdown measures. For the full research, … Continue reading →