Monthly Archives: August 2020

OUR VIEW PSEi gained in the session, up by 41.06 points or 0.69% to 5,995.00 following the positive developments on Covid-19 vaccine. However, sentiments remain mixed as uncertainty over the effectivity of the vaccine lingers. Value turnover was at P17.07 … Continue reading →

OUR VIEW The local bourse gained 23.02 points or 0.39%, to 5,953.94 taking cues from the positive performances of the US Markets due to the stimulus to cushion the impact of Covid-19 pandemic. Value turnover registered at P5.06 billion. Advancers … Continue reading →

OUR VIEW The local bourse gained in the session, up by 84.90 points or 1.45%, to 5,930.92 due to the bargain hunting, particularly in the Property sector. Investors picked up on this sector after it had the biggest loss last … Continue reading →

Philstocks Trading Guide We are glad to share this Philstocks Trading Guide to help you widen your trading opportunities and become a more effective stock market trader. Stocks on focus: EEI, HOME, APX For the full research,  kindly go here: PTG – August … Continue reading →

OUR VIEW Wait and see if the market returns above the 6,000 psychological resistance line. Philippines has officially entered recession territory after second quarter gross domestic product (GDP) contracted by 16.5% y/y, while the first quarter was downwardly revised to … Continue reading →

OUR VIEW Book some gains after the two-day weak rally, along with the anticipated dismal second quarter GDP data to be released today. Philstocks forecasts GDP to contract by 14.00%, while the government range it from -5.7% to -6.7%. Second … Continue reading →

OUR VIEW Trade between 5,700 and 5,900 levels. Inflation rate will be released today; we project it at 2.6%. This is still benign, and we may look at consumer stocks offering essential products since lower inflation increases the purchasing power … Continue reading →

OUR VIEW Trade cautiously as the Modified Enhanced Community Quarantine (MECQ) has started in high risk areas including the National Capital Region. Look for support of stocks that were most battered yesterday, as there will be a possible rebound. Chart-wise, … Continue reading →

OUR VIEW FOR THE WEEK Sell positions as the implementation of MECQ in NCR, Bulacan, and selected CALABARZON areas, and dismal Q2 GDP and corporate earnings are seen to keep the market in its bearish bias. The local bourse is … Continue reading →