Monthly Archives: February 2022

On Balance: Weekly Notes for February 28, 2022

Posted on February 28, 2022 by research

OUR VIEW This week, the local market is expected to digest the government’s latest decision on the COVID-19 alert level status of the country, while monitoring the ongoing Russia – Ukraine tensions. The easing of restrictions in the country, especially … Continue reading →

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On Balance: Daily Notes for February 24, 2022

Posted on February 24, 2022 by research

OUR VIEW Trade cautiously amid downward pressure from sellers who might liquidate on the last trading day of the week ahead of the long weekend. Particularly with the ongoing Russian-Ukraine tensions, bringing worries and uncertainties in the market. The said … Continue reading →

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On Balance: Daily Notes for February 23, 2022

Posted on February 23, 2022 by research

OUR VIEW Unload some shares as the negative sentiment from overseas may spillover in the local market. Yesterday, most Asian stocks and US futures slipped as the Russia-Ukraine tensions escalated. This may continue to affect the sentiment at home while … Continue reading →

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On Balance: Daily Notes for February 22, 2022

Posted on February 22, 2022 by research

OUR VIEW Accumulate on dips. Yesterday, the market dipped below 7,300 but still managed to return to the support level. This shows the strength of the buyers although the PSEi still ends in the red territory. Overseas, the sentiment remains … Continue reading →

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On Balance: Weekly Notes for February 21, 2022

Posted on February 21, 2022 by research

OUR VIEW This week, the local bourse could move sideways as investors weigh the ongoing geopolitical tensions offshore and Fitch Ratings’ outlook on the Philippine economy, against hopes on the sustained improvement of our COVID-19 situation. On a negative note, … Continue reading →

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Philstocks 2021 Review and 2022 Projections

Posted on February 21, 2022 by research

We are pleased to share with you our 2021 Review and 2022 Projections for the Economy and the Philippine Stock Market entitled “Will the Bulls Get Elected This Time?”. Revisit what happened to our economy and our local market in … Continue reading →

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On Balance: Daily Notes for February 18, 2022

Posted on February 18, 2022 by research

OUR VIEW Unload some shares amid uncertainties over the geopolitical tensions abroad. According to some reports, NATO accused Russia of increasing the number of troops around the Ukrainian border, after Moscow claimed to withdraw some of its military units. This … Continue reading →

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On Balance: Daily Notes for February 17, 2022

Posted on February 16, 2022 by research

OUR VIEW Trade cautiously as the rally yesterday brought the index near the 7,500 resistance once again. On a positive note, optimism from abroad may push the market further upward around the resistance area. Most overseas markets cheered the easing … Continue reading →

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On Balance: Daily Notes for February 16, 2022

Posted on February 15, 2022 by research

OUR VIEW Accumulate on 7,300 support areas. We still see the market’s range from the support of 7,300 to 7,500 resistance after it bounced back to the said support area. Negative sentiment from offshore may continue to spillover here at … Continue reading →

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On Balance: Daily Notes for February 15, 2022

Posted on February 14, 2022 by research

OUR VIEW Trade cautiously following the decision of the government to maintain the restrictions at alert level 2 while waiting for the meeting of the Bangko Sentral ng Pilipinas (BSP) this week. As the government retained the Alert level 2 … Continue reading →

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