Monthly Archives: September 2021

On Balance: Daily Notes for October 01, 2021

Posted on September 30, 2021 by research

OUR VIEW Trade within the market’s range, 6,800 to 7,100. Today’s trading will hinge on the decision of the government for the quarantine measures this October. An easing of restriction is positive for the market, however, if the government extends … Continue reading →

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On Balance: Daily Notes for September 30, 2021

Posted on September 29, 2021 by research

OUR VIEW Trade cautiously. Yesterday’s trading showed the strength of the buyers as it forced to close the market higher on last-minute bargain hunting. Further upside is possible due to the month-end window dressing. Aside from that, investors will be … Continue reading →

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On Balance: Daily Notes for September 29, 2021

Posted on September 28, 2021 by research

OUR VIEW Hunt for bargains especially around the 6,800 immediate support of the market after the strong pullback yesterday. The recent stock leaders took a hit from the profit-taking, mainly coming from the foreigners which recorded a net selling. On … Continue reading →

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On Balance: Daily Notes for September 28, 2021

Posted on September 27, 2021 by research

OUR VIEW Trade within 6,800 to 7,100 levels. So far, we are seeing positive sentiment in the market. First, we only expect two possible decisions of the government for the next quarantine measure, which is either they will ease the … Continue reading →

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Philstocks 2021 Updates, Analysis, and Year-end Projections

Posted on September 27, 2021 by research

We are pleased to share with you our 2021 Updates, Analysis, and Year-end projections for the Economy and the Philippine Stock Market entitled “Persisting Hope in Persisting Challenges”. Revisit what happened to our economy and our local market so far … Continue reading →

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On Balance: Weekly Notes for September 27, 2021

Posted on September 27, 2021 by research

OUR VIEW FOR THE WEEK Trade cautiously. This week, the local market may still take cues from our COVID-19 situation. Last week, our case counts averaged 17,591 per day, lower compared to the preceding week’s 20,280. If the decline continues, … Continue reading →

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On Balance: Daily Notes for September 24, 2021

Posted on September 23, 2021 by research

OUR VIEW Trade within 6,800 to 7,000. We are expecting mixed sentiment for today’s trading. The Bangko Sentral ng Pilipinas (BSP) maintained the monetary policy settings to support the economy. However, the BSP revised inflation rate forecast in 2021 upward … Continue reading →

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On Balance: Daily Notes for September 23, 2021

Posted on September 22, 2021 by research

OUR VIEW Accumulate on dips. Investors are expected to wait for the Federal Reserve meeting to know when will the central bank begin tapering its bond-buying. In addition to this, they will be waiting as well for the meeting of … Continue reading →

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On Balance: Daily Notes for September 22, 2021

Posted on September 21, 2021 by research

OUR VIEW Trade within 6,700 to 7,000. Sideways movement of the market is expected following the concerns abroad over the issues of the Evergrande while waiting for the Federal Reserve meeting this week. Onshore, OCTA Research said that the Covid-19 … Continue reading →

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On Balance: Daily Notes for September 21, 2021

Posted on September 20, 2021 by research

OUR VIEW Trade cautiously as negative sentiment globally remains as investors are waiting for the Federal Reserve meeting this week amid concerns over the possible tapering of its monetary stimulus. Yesterday’s net value turnover of P6.68 Bn was higher than … Continue reading →

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