Monthly Archives: June 2019

OUR VIEW We may wait-and-see ahead of the interest rates decisions in the US and in the Philippines. The market may move sideways, with some upward bias on hopes that Fed will cut rates. BSP will have a meeting on … Continue reading →

Our View Stay on the sidelines since we are expecting more downward pressures from overseas. Efforts to prevent economic slowdown may give hope to investors.  PH eyes reforms to attract more investors to boost FDI.  Marketing initiatives and … Continue reading →

Our View Ride on the rally as the market seems to follow positive developments abroad hoping to break 8,100, but poor local leads may weigh. Philippines widened its trade deficit to -3,499 million from -3,138 million in the previous month. … Continue reading →

Our View Profit-taking may take precedence as the market nears a resistance mark. Philstocks sees the possibility of a sideways market amid lack of local fresh leads and a mid-week holiday.  PH trade balance in April set to be … Continue reading →

Our View Trade in line with the news, particularly from overseas as the local market may follow it since catalyst in our hometown is lacking. If the rally on US market continue, PH index may test 8,000 level. Foreign investment … Continue reading →

Our View Trade cautiously as Trump’s comment on another round of tariffs on China and failed negotiations between US & Mexico could drag sentiments in the US and Asian market, including the Philippines. Tariffs on China could be raised by … Continue reading →

OUR VIEW Buy action is recommended if inflation data were lower or within the set target. However, trade cautiously if it is higher as the market may pull back to around 7,900. CPI data will be released tomorrow, we forecasted … Continue reading →

Our View Sound Philippine’s economic data may support the index trading above 8,000 level. Investors may ride on the rally but expect profit taking. April’s money supply growth picked up by 7% to P11.67 trillion, faster than 6.1% in the … Continue reading →