Author Archives: research

OUR VIEW Trade cautiously as investors await trade developments between the US and China, amid lack of catalyst at home. $LRP: Request for voluntary trading suspension effective December 23, 2019 (ex -date) due to the redemption of 1.650 billion Preferred … Continue reading →

OUR VIEW Accumulate cautiously amid trade optimism but some details of the US and China trade agreement were still unclear. $DNL: Set to provide more sustainable and biodegradable packaging materials amid potential ban on single-use plastics. $FDC: Entered into Share … Continue reading →

OUR VIEW Accumulate on dips. The US-China trade development will spillover in the market this week, but risks will still be present. Trading in the market is still weak, given the lower average daily value traded and continued foreign selling. … Continue reading →

OUR VIEW Range-trade between 7,700 and 7,900. The 20-day as well as the 50-day EMA crossed below the 200-day EMA—a bearish signal accompanied by the distribution bias of the OBV. RSI (14) is also set to decline to the oversold … Continue reading →

OUR VIEW Trade cautiously due to lack of catalyst, ahead of the BSP and Fed meeting. BSP will have its last meeting this year on Thursday, we expect it to hold rates at 4.00%. The last Federal Reserve meeting for … Continue reading →

OUR VIEW Trade within 7,700-7,900. We expect a range-bound market this week as investors look ahead of the December 15 deadline of the US-China trade deal. BUY if trade deal hopes  increase as we see the index in the positive … Continue reading →