Daily Archives: July 29, 2019

OUR VIEW Accumulate as the market seems to hold at this level given the still positive backdrop, though seemingly not as bright as it used to. 20-day MA is still the market’s support.  Meralco declares P5.464 per share interim … Continue reading →

MARKET WRAP: The local bourse ended this week lower to 8,183.99, -1.04% down or -86.08 points as the IMF and AMRO downgraded its economic growth forecast for the Philippines to 6% and 6.3%, respectively, due to the negative effects of … Continue reading →