Daily Archives: November 29, 2016

Philstocks ACTS: November 29, 2016

Posted on November 29, 2016 by research

PSEi Composite Index Index price is still on a downtrend and has rolled along the downtrend channel. Technical picture still looks bleak, but always be on alert for potential signs of potential technical rally or a trend break. Local market … Continue reading →

Comments Off

Economic Update: 4Q16 Business Confidence and Outlook

Posted on November 29, 2016 by research

Confidence in current quarter slides to nine-month low, outlook deteriorates on worries over politics, economic reforms, weak Peso; industrial, construction and real estate sectors seeing sharp drop in confidence; Fresh uncertainties may keep overall confidence from recovering in medium term … Continue reading →

Comments Off

Daily Notes: November 29, 2016

Posted on November 29, 2016 by research

Market Summary The PSEi went down by 64.38 points or 0.93% with a net foreign selling of 262M. The broader All shares index decreased by 29.62 points or 0.71%. All sectors ended negative except for Services sector with 10.86 points … Continue reading →

Comments Off