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Monthly Archives: June 2017
Daily Notes: June 30, 2017
The Fine Print The PSEI was once again the aberration. In a region where practically all equity indexes cheered the overnight advance in US equities, local share prices wallowed in the red as foreigners continued to lighten their position. As … Continue reading
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Daily Notes: June 29, 2017
The Fine Print It appears the challenge that confronted the market at the 8,000 level is now manifesting itself at the 7900-mark. That is – the lack of solid catalysts to keep the numbers moving forward. Save of a handful … Continue reading
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Weekly Report for June 27 to 30, 2017
The Fine Print PSEI slipped for a second straight week. It dropped -1.4%in the week-ending June 16; last week, it gave up -0.9%.The benchmark moves closer to the 7800-line with immediate support (50EMA) at 7780-85. Alternatively,resistance equates to the 10EMA … Continue reading
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Daily Notes: June 23, 2017
The Fine Print PSEI dropped 25 points in morning trades, doubled the losses through most of the afternoon but managed to attract enough buying activity to claw back to the end-of-morning-trade levels at the closing bell. Sentiments were dragged by … Continue reading
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Daily Notes: June 22, 2017
The Fine Print PSEI slides 2nd day. Share prices travelled a path parallel to that taken by its peers in the US and Europe overnight. Value turnover recovered to a little under p8.0 billion but breadth turned negative. Holding companies … Continue reading
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Daily Notes: June 21, 2017
The Fine Print After starting off the week on a high note, Philippine investors seem to have immediately opted to take a breather despite positive performances by US and European shares overnight. This was in line with the general movement … Continue reading
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Daily Notes: June 20, 2017
The Fine Print Investors appear to have awakened on the “right” side of the bed Monday morning. Markets from the Oceania to East Asia kicked off the week’s trading ploughing back funds into their equity portfolio following a volume-heavy sell-off … Continue reading
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Weekly Report for June 19 to 23, 2017
The Fine Print The PSEI snaps three consecutive weeks of gains, easing off the 8,000-mark; retreats below 7900 since intra-day low of 7835.27, June 1. From the week-ending May 19th, the index gained 222.62 points (2.87%) up to the week … Continue reading
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Daily Notes: June 16, 2017
The Fine Print Yesterday, share prices across Asia tumbled, but local equities stayed defiant yet again rising past and settling above the 8,000-line – at least at the noon recess. This even as it eventually closed lower, albeit by a … Continue reading
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Daily Notes: June 15, 2017
The Fine Print Technology shares continued to push overseas markets higher, reversing the role it played Friday and Monday. US and Europe extended rallies while yields on 10-year bonds retreated following the Federal Reserve’s widely expected action on target rates. … Continue reading
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