Monthly Archives: March 2022

On Balance: Daily Notes for March 31, 2022

Posted on March 31, 2022 by research

OUR VIEW Trade cautiously. The market participation remains weak amid a lack of strong leads. We expect range trading in the short– to medium–term, particularly if the investors continue to wait for a strong catalyst. Overseas, the global oil prices … Continue reading →

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On Balance: Daily Notes for March 30, 2022

Posted on March 30, 2022 by research

OUR VIEW Accumulate strong and defensive stocks in the market while investors await the developments on the Russia-Ukraine talks. The uncertainties in the economy pushed investors to stay on the sidelines shown by the weak market value turnover in the … Continue reading →

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On Balance: Daily Notes for March 29, 2022

Posted on March 29, 2022 by research

OUR VIEW Accumulate on dips. Some investors are still on the sidelines amid lack of strong catalyst in the market. We are still expecting sideways movement in the short run until the sentiment improves, particularly that investors are pricing in … Continue reading →

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CTS Global Equity Group, Inc. [PSE: CTS] IPO Report

Posted on March 28, 2022 by research

OVERVIEW CTS Global Equity Group, Inc. [PSE: CTS] will offer 6,875,000,000 shares to the public at P1.00apiece. Of its estimated net proceeds worth P1,353.3 million: 91.13% will be added to its capital for itsglobal trading operations; 1.48% will go to … Continue reading →

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On Balance: Weekly Notes for March 28, 2022

Posted on March 28, 2022 by research

OUR VIEW Last trading week, the local market managed to close still at its 7,000 – 7,100 support range. Also, the market was able to breach its 200-day exponential moving average. These are seen as positive signs for the local … Continue reading →

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On Balance: Daily Notes for March 25, 2022

Posted on March 25, 2022 by research

OUR VIEW Trade cautiously as the market may bias on the downside. For today, investors are expected to digest the latest Bangko Sentral ng Pilipinas’ inflation forecasts. This 2022,the inflation rate is upwardly revised from 3.7% to 4.3%, this is … Continue reading →

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On Balance: Daily Notes for March 24, 2022

Posted on March 24, 2022 by research

OUR VIEW Accumulate fundamentally strong stocks, particularly those defensive amid a lack of catalyst in the market. Investors’ sentiment is still clouded by the worries over the effects of the Russia-Ukraine tensions. On the upside, the improving Covid-19 situation at … Continue reading →

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On Balance: Daily Notes for March 23, 2022

Posted on March 23, 2022 by research

OUR VIEW Trade Cautiously. Some investors are on the sidelines waiting for a positive catalyst in the market. The sentiment remains mixed while monitoring the ongoing Russia-Ukraine war, particularly its effect on the oil prices. Currently, one of the worries … Continue reading →

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On Balance: Daily Notes for March 22, 2022

Posted on March 22, 2022 by research

OUR VIEW Trade cautiously. We may see the local market bounce back this Tuesday after two successive days of decline with a total loss of 2.33%. President Rodrigo Duterte’s signing of the amendments on the Public Service Act may give … Continue reading →

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On Balance: Weekly Notes for March 21, 2022

Posted on March 22, 2022 by research

OUR VIEW Trade cautiously. We may still see a turbulent week ahead for the local market amid the lingering uncertainties on the Russia – Ukraine conflict. While the anticipated rollback in local fuel prices may offer the market short term … Continue reading →

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