Monthly Archives: September 2021

On Balance: Daily Notes for September 08, 2021

Posted on September 7, 2021 by research

OUR VIEW Trade cautiously as the market may move sideways due to the weak rally yesterday. The market was able to breach the 6,900 level, however, market participation was weak at P5.39 Bn value turnover only. Investors will be observing … Continue reading →

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On Balance: Daily Notes for September 07, 2021

Posted on September 6, 2021 by research

OUR VIEW Accumulate on dips as the PSEi still shows a bullish momentum despite the profit-taking yesterday. Chart-wise, however, we see resistance at 6,900 to 7,000 levels. Investors are expected to digest the decision of the government to place Metro … Continue reading →

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On Balance: Weekly Notes for September 06, 2021

Posted on September 6, 2021 by research

OUR VIEW FOR THE WEEK Trade cautiously. This week, the local bourse may take cues from the government’s decision regarding the country’s quarantine classifications after September 7. Last week’s positive performance is seen to be reflective of hopes towards the … Continue reading →

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On Balance: Daily Notes for September 03, 2021

Posted on September 3, 2021 by research

OUR VIEW Take some profits from yesterday’s rally. Buyers showed weakness at the last minute yesterday which may further continue ahead of the weekend. Meanwhile, we are seeing an upward bias in the coming trading days given the stronger market … Continue reading →

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On Balance: Daily Notes for September 02, 2021

Posted on September 1, 2021 by research

OUR VIEW Accumulate share on the 6,600 immediate support area. We also expect higher market participation this September after the “Ghost Month.” However, Covid-19 cases continue to climb at home while the World Health Organization is monitoring a new Covid-19 … Continue reading →

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