Monthly Archives: May 2019

On Balance: Weekly Notes for May 6 to 10, 2019

Posted on May 6, 2019 by research

Our View Anticipated rate cuts signal a strong buy on property and consumer retail issues given their advantages amid a loose monetary environment. Avoid banks as lower borrowing costs may reduce net interest margins. Property stocks (DMW, HOUSE, MEG, SMPH … Continue reading →

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On Balance: Daily Notes for May 3, 2019

Posted on May 3, 2019 by research

Our View A testing of the 8,000 level following the country’s credit rating upgrade signals long positions on index shares and second liners. Success to hold ground could lead to 8,200. Caution is advised amid market risks and a bearish … Continue reading →

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On Balance: Daily Notes for May 2, 2019

Posted on May 1, 2019 by research

Our View We advise to accumulate on Property and Services (consumer retail) and neutral on Financials. Economic data heavyweights will be releasing next week with an upward bias. Technicals, still on the accumulation and consolidation movement. PSEi may move sideways … Continue reading →

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