Daily Archives: December 9, 2020

On Balance: Daily Notes for December 10, 2020

OUR VIEW Trade between the market’s support of 6,600 and resistance of 7,200. Today, the market will test the psychological support of 7,100 and 7,000 levels. On a positive note, the vaccine rollout fueled optimism in overseas markets as it … Continue reading

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On Balance: Company Report (GLO)

PHILSTOCKS ACTION PLAN We recommend a HOLD on Globe Telecom, Inc. [PSE: GLO] with a target price of P2,132.00 in a period of 9 to 12 months. From its current price of P2,040.00, the share is still seen to provide … Continue reading

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PSEi stocks Performance

Here is the summarized performance of the PSEi stocks, including their first nine months and third quarter 2020 earnings, net margins, year-to-date performance and their current P/B and P/E ratios. For the full research, kindly go here: PSEi stocks performance December … Continue reading

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