PSE Market Outlook (7 May 2025) by Regina Capital Development Corp.
Following a strong continuation of the recent uptrend, the PSEi edged higher and consolidated near the 6,500 mark.
Following a strong continuation of the recent uptrend, the PSEi edged higher and consolidated near the 6,500 mark.
AC wrapped up the week with its second consecutive green session, signalling renewed bullish enthusiasm.
After a period of sideways movement, BPI surged by +5.26%, breaking well above major moving averages.
SMPH has been on a steady upward trajectory, rising by +6.33% and trading comfortably above its 50-MA and 100-MA.
Following two days of declines, MBT made a strong rebound, soaring by +6.51% and breaking above all key moving averages.
Following the doji from the previous day, the index gained +1.64%.
AP remains under short-term bearish pressure, with price action rejecting a key resistance near 39.00 and retreating toward support around 36.50.
BDO gains +3.34% after huge sell-off on yesterday’s session, stock remains to trade above key MAs maintaining buy pressure.
URC gains strong bounce closing at 84.70 (+5.22%).
The index wrapped up the session relatively flat closing at 6,252.19 (+0.04%).
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
CNVRG experienced a modest intraday increase of +0.21%, fueled by positive momentum reflected in both the MACD and RSI.
GLO is in the midst of its fourth consecutive day of decline, falling by -2.24% to 1,965.
URC surged +5.45% intraday, fueled by strong buying pressure, as reflected in the MACD and the RSI reaching overbought territory.
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