Market Outlook


13

Mar 2020

Market Outlook: 2TradeAsia (13 Mar 2020)

Another bleak session is seen, given Wall Street’s unabated overnight fall (DJIA -10%, Nasdaq Comp. -9%), as global authorities scramble for measures to contain coronavirus spread.


12

Mar 2020

Market Outlook: 2TradeAsia (12 Mar 2020)

Participants might revert to their wait-and-see mode to gauge if bourses in the region have fully priced-in the coronavirus issue, especially after WHO branded its spread as ‘pandemic’.


11

Mar 2020

Market Outlook: 2TradeAsia (11 Mar 2020)

Reports of receding new cases in select countries in Asia coupled by hopes for fiscal stimulus in the US via payroll tax cut might prod bargain hunters to position in local equities.


10

Mar 2020

Market Outlook: 2TradeAsia (10 Mar 2020)

Local sentiment might sway to Wall Street’s sharp overnight descent, with no clarity in sight yet when the coronavirus contagion would slow or end.


09

Mar 2020

Market Outlook: Regina Capital Development Corp. (9 Mar 2020)

Again, the rally Wednesday proved to be nothing more than just a technical rebound as the index still found its way back into testing its support at 6,747 after hitting ceiling at 6,945.00.


09

Mar 2020

Market Outlook: 2TradeAsia (9 Mar 2020)

Another subdued session is seen, as buyers bid for time until sentiment has fully digested the coronavirus headline.


06

Mar 2020

Market Outlook: Regina Capital Development Corp. (6 Mar 2020)

On a technical perspective, the recovery of the index Wednesday might be just a technical bounce, as the bearish close of the benchmark yesterday indicates selling pressure towards 6,940.00.


06

Mar 2020

Market Outlook: 2TradeAsia (6 Mar 2020)

Expect volatility as fund managers gauge if the local mart has fully factored-in the coronavirus issue, as consolidation takes shape to absorb other macro & corporate headlines.



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