Monthly Archives: April 2020

HIGHLIGHTS ● PSEI looks for firm levels at 5470 – 5950 range; ● Asia Markets: Southeast (mostly in green); PH leads; East Asia higher; Japan closed. ● US Federal Reserve decision on interest rates out by 0100H to 0200H PST … Continue reading →

HIGHLIGHTS ● Bank of Japan expands stimulus to ease corporate funding strains and finance  government spending to combat coronavirus pandemic’s impact on the economy;  from JPY7 trillion, the Bank’s maximum corporate bond and CP’s pledged purchases  raised to JPY20 trillion. … Continue reading →

HIGHLIGHTS ● Modified confinement measures post-April 30 favored by some Senators; among  them, Lacson, Angara, Villanueva, Gatchalian; Sotto sees extension if mass testing  coverage not improved ● Demand outlook melts crude prices to negative. The local market ticker was flooded … Continue reading →

MARKET WRAP The local share market spent practically the entire session in  the red except for a 24-point opening bell surge which lasted  no more than 10 minutes. Most of our neighboring bourses in  the Southeast, save for Singapore, finished … Continue reading →

By the numbers: ❏ PSEI gains 165.17 points (2.86%), rebound off bottom, 28.6% [17 sessions], average +78 points/day ❏ All sectors in the green led by Holding Firms (3.32%) and Mining & Oil (4.06%); ❏ Total value turnover, php9.0Bn ❏ … Continue reading →

By the numbers: ❏ PSEI gains 100 points on Easter Monday; 55 points at run-off ❏ All sectors in the green ❏ Total value turnover, php5.2Bn ❏ Market breadth +42 (112 – 70 – 44) There wasn’t much fresh leads … Continue reading →

BY THE NUMBERS: ❏ +163.83 points, PSEI’s gains in the shortened Holy Week trading; ❏ php6.275Bn, the 20ma net value flows for the same week ❏ 18 straight days of foreign selling, aggregating php16.11Bn or php894.8Mn per session ❏ -29.5%, … Continue reading →

HIGHLIGHTS A HANDFUL OF POSITIVES​ gave investors reason to stick to the  long side of trades in the penultimate session of the week. The  market takes a much-needed break from Thursday and resumes  on Easter Monday. Philstocks Research maintains one … Continue reading →

MARKET WRAP THE PSEI posted its 5th weekly gain in 14, this YTD. ​It also marks the  first back-to-back weekly gains since the last two weeks of  December. The last two weeks added an aggregate 568.21 points to push the … Continue reading →