Daily Archives: July 16, 2020

On Balance: Daily Notes for July 17, 2020

OUR VIEW Trade cautiously after we see a rebound at psychological support of 6,000 level. Yesterday’s bounce, however, recorded lower value flows than value turnover on Wednesday’s decline, implying that sellers are more aggressive than buyers. Remittance in April contracted … Continue reading

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On Balance: Daily Notes for July 16, 2020

OUR VIEW Cautiously hunt for bargain after the government still placed Metro Manila under General Community Quarantine, But negative sentiment will remain as the palace warned of stricter rules after two weeks if the spread of Covid-19 would not be … Continue reading

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