Monthly Archives: March 2021

On Balance: Daily Notes for March 05, 2021

OUR VIEW Trade within the market’s range, 6,700—7,000. Traders are expected to trade the market cautiously as they wait for the February inflation rate that will be released later. We expect a higher inflation rate for February compared with January’s … Continue reading

Comments Off

On Balance: Daily Notes for March 04, 2021

OUR VIEW Trade cautiously amid mixed catalysts in the market. First, the arrival of the Astrazeneca vaccines in the Philippines tomorrow is expected to provide positive sentiment in the market. This gives more hope that the Palace will consider shifting … Continue reading

Comments Off

On Balance: Daily Notes for March 03, 2021

OUR VIEW Book some gains after three consecutive days of gain in the market. Investors may follow the equity markets abroad which are currently in the red due to the profit-taking after the rally. In addition to the negative sentiment … Continue reading

Comments Off

Cebu Air, Inc. Stock Rights Offer of Convertible Preferred Shares

Cebu Air, Inc. will be offering entitlement rights for 328,947,368 cumulative, non-voting, non-participating, convertible, preferred shares to be issued from the company’s increase in authorized capital stock which is still subject to the approval of the Securities and Exchange Commission … Continue reading

Comments Off

On Balance: Daily Notes for March 02, 2021

OUR VIEW Accumulate shares on dips. Investors are expected to weigh the Covid-19 vaccine rollout in the Philippines and the delay of Astrazeneca vaccines’ arrival for one week due to the supply concerns. As of this writing, most equities markets … Continue reading

Comments Off

On Balance: Weekly Notes for March 01, 2021

OUR VIEW FOR THE WEEK Trade cautiously as the local market is seen to weigh elevated inflation expectations against COVID -19 vaccine hopes this week. Inflation expectations are expected to be one of the main drivers of the market ahead … Continue reading

Comments Off