Monthly Archives: January 2012

WEIGHTED AVERAGE PESO/DOLLAR RATE

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Market Report: January 12, 2012

January 12, 2012, Thursday WK02, TD009 2012 OUTLOOK: We are in a situation where positive news will have more impact on prices than negative news, except of course a default by Greece and a contagion in Europe. In a way, … Continue reading

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Market Daily: January 12, 2012

Market Summary and Outlook: The local stock market rallied to a fresh record high on Wednesday as investors bought up blue-chip shares in anticipation of faster economic growth and firmer corporate earnings. The benchmark PSEi index, surged 84.78 points, or … Continue reading

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Market Report: January 11, 2012

OUTLOOK: A NEW HIGH this early in the year, where the factors coming into play are no more than optimism on better economic numbers one one hand and the lack of better alternatives on the other, raises the scepter of … Continue reading

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Chart of the Day: Cyber Bay Corporation (CYBR)

CYBR: Interim resistance at the php0.90-php0.92 range Initial price target @ php1.00 – php1.04 (increments of php0.10 thereafter) Strong momentum, BUT, RSI(14) near overbought territory (>70) Stochastic already in overbought area, with STO reversing and posing a possible bearish cross … Continue reading

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Market Daily: January 11, 2012

Market Summary and Outlook: Expectations of increased economic activities as a result of lower interest rates pushed the local stock market higher on Tuesday, briefly breaching a record high level. The PSEi main index rose by 19.48 points, or 0.43% … Continue reading

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Market Report: 10 January 2012, Tuesday

Market Report_January 10,2012 WK02_TD007 OUTLOOK. Expectations of still positive and improved economic numbers out of the US this week will keep investors interest in stocks high.

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Market Daily: 10 January 2012, Tuesday

Market Daily_January 10,2012 HIGHLIGHTS: 1. BSP to require banks to apply Basel III rules by January 2014 2. Yields of 91 and 182-day T-bills falls, one-year rate climbs 3. ICT unit to issue perpetual bonds for expansion 4. PEC to … Continue reading

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Market Daily: January 09, 2012

Market Daily_January 9, 2012

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Market Report: January 09, 2012

Market Report: January 9, 2012

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