STOCKS IN FOCUS
The “Stock in Focus” section summarizes our partner brokers’ analyses of a particular stock. Using Fundamental Analysis, this section explains the rationale for the stock’s Target Price and future prospects.
ABS-CBN Corporation (ABS) is a media and entertainment organization in the Philippines. The Company is primarily involved in television and radio broadcasting as well as in the production of television and radio programming for domestic and international audiences and other related businesses. ABS produces a wide variety of engaging, world-class programs in multiple genres that are aired on free-to-air television. The Company is also a radio broadcaster, operating 18 radio stations throughout the Philippines.
The “Technicals Talk” section summarizes our partner brokers’ technical analysis of select PSE stocks. Technical Analysis relies on trends and price movements and is typically used for short-term trading.
ABS established support at PHP 15.00 to close at PHP 16.24. …
ABS closed at PHP 17.50. We believe the stock might test the…
ABS closed at P23.50.
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