09
Oct 2019Market Outlook: 2TradeAsia (9 Oct 2019)
Renewed tensions on the US-China trade rhetoric which caused an overnight rout in Wall Street may spread at home, supporting global economic concerns in the medium-term.
Market Outlook
08
Oct 2019Market Outlook: 2TradeAsia (8 Oct 2019)
Session may skew to caution, as uncertainties loom on US-China trade discussion later the week, prompting risk-off for now.
07
Oct 2019Market Outlook: Unicapital Securities (7 Oct 2019)
The PSE index bounced after it was sold down by the bears for 5 consecutive days. We believe that the index could
07
Oct 2019Market Outlook: Regina Capital Development Corp. (7 Oct 2019)
Fortunately for the index, last week's strong selling pressure finally found its bottom at 7,540.
04
Oct 2019Market Outlook: Unicapital Securities (4 Oct 2019)
The PSE index continues to trend down but is reaching oversold levels. The index might
04
Oct 2019Market Outlook: Regina Capital Development Corp. (4 Oct 2019)
As observed in the last couple of sessions, the long, trending, bearish candlestick patterns showed a clear and strong break down for the local index, after breaching the critical 7,744.78-level.
03
Oct 2019Market Outlook: Unicapital Securities (3 Oct 2019)
The PSEi went below the psychological support of 7700.00 to close at 7610.68. We believe the trend
03
Oct 2019Market Outlook: 2TradeAsia (3 Oct 2019)
Concerns of a global economic slowdown may weigh down sentiment, after a session of broad selling in Wall Street (DJIA -494pts, Nasdaq -123pts).
02
Oct 2019Market Outlook: Regina Capital Development Corp. (2 Oct 2019)
Clearly, the index is on a break down - with trending long candlestick bearish patterns - after failing to maintain the 7,861.60 support level a few sessions ago.
02
Oct 2019Market Outlook: 2TradeAsia (2 Oct 2019)
Pessimism in Wall Street (DJIA -343pts, Nasdaq -90pts) may ripple to local equities, on economic concerns that weaker-than-expected US manufacturing data exposed.