Monthly Archives: August 2019

OUR VIEW Buy-on-weakness since we anticipate investors to return in the market as the ghost month ends yesterday, amid China’s calmed tone in trade disputes. Our data shows that most of the time, the index climbed after the ghost month. … Continue reading →

OUR VIEW Trade cautiously after the market gained yesterday on lower volume while investors monitor US treasury yields BSP asked the Anti-Money Laundering council (AMLC) to study the impact of Philippine offdhore gaming operators (POGOs) on the country’s economy. BSP … Continue reading →

OUR VIEW ACCUMULATE as investors continue to watch US-China trade developments pointing to a possible rebound of the index. Trump: Beijing wants to make a deal very badly. I’m not sure they have a choice but to deal with the … Continue reading →

MARKET WRAP The local bourse ended slightly higher to 7,889.41, 1.20% or 93.43 points up mainly due to bargain hunting, as investors awaited Powell’s speech. Average Value Traded was -14% lower to P7.630 billion w/w. Losers edged winners again for … Continue reading →

OUR VIEW Unload some shares amid global health uncertainties ahead long weekend in the Philippines. House approved on 3rd and final reading a bill increasing excise taxes on alcohol products and e-cigarettes. China urged the Philippines to ban all online … Continue reading →

OUR VIEW Trade cautiously as the bourse may follow overseas markets since catalyst at home is absent. US extended Huawei’s license by 90 days, but added more affiliates onto the Entity List. Chief Executive Lam also said that she would … Continue reading →

OUR VIEW Hold as investors await for fresh leads ahead Ninoy Aquino Day. Fitch Ratings expects the telco industry to continue performing robustly for the rest of 2019. Tax measures may secure another credit rating upgrade within the next two … Continue reading →