Monthly Archives: December 2019

OUR VIEW Accumulate shares on the last trading day of the year as most investors anticipate a better 2020 in the market with the Philippines’ growth forecasted to be more than 6%. Month-end window dressing is also  expected. BUY: SLI … Continue reading →

OUR VIEW Trade cautiously. Weak trading ahead is expected amid holiday season and investors may profit take after the two-day weak rallies. According to the Fitch Solutions Macro Research, deals signed between the government and the private sector are at … Continue reading →

OUR VIEW Accumulate cautiously. The optimism in the US and China trade deal agreement which is about to sign by both parties will spillover in the market this week amid the anticipated Santa Claus rally. However, the continued net foreign … Continue reading →

OUR VIEW Trade cautiously due to lack of strong catalyst to lift the market, amid impeachment of President Trump. The confirmation of a death cross, and the fall below the 7,700 support level would add to the negative sentiment in … Continue reading →

OUR VIEW Trade cautiously. The market holds above its support of 7,700. However, worries on the no-deal Brexit could weigh on the market. $PNX: Phoenix and CNOOC Gas and Power Group Co., Ltd. asked the Department of Energy to suspend … Continue reading →

OUR VIEW Trade cautiously as investors await trade developments between the US and China, amid lack of catalyst at home. $LRP: Request for voluntary trading suspension effective December 23, 2019 (ex -date) due to the redemption of 1.650 billion Preferred … Continue reading →

OUR VIEW Accumulate cautiously amid trade optimism but some details of the US and China trade agreement were still unclear. $DNL: Set to provide more sustainable and biodegradable packaging materials amid potential ban on single-use plastics. $FDC: Entered into Share … Continue reading →

OUR VIEW Accumulate on dips. The US-China trade development will spillover in the market this week, but risks will still be present. Trading in the market is still weak, given the lower average daily value traded and continued foreign selling. … Continue reading →