Stock in Focus: Metrobank (MBT) – 7 March 2024 by RCBC Securities
Our recommendation and 1-year Target Price for this stock is
Technicals Talk: Century Pacific Food, Inc. (CNPF) – 6 Mar 2024 by Regina Capital Development Corp.
CNPF managed to reverse its intraday losses as it closed yesterday’s session up by +0.55% at 36.50.
Technicals Talk: Wilcon Depot, Inc. (WLCON) – 6 Mar 2024 by Regina Capital Development Corp.
WLCON bounced off its 100-day moving average and support at 21.46 as of writing.
PSE Market Outlook (6 Mar 2024) by Regina Capital Development Corp.
The local bourse concluded trading Tuesday in the red, logging a decline of -0.66%, settling at 6,905.46.
PSE Market Outlook (5 Mar 2024) by 2TradeAsia
Sideways trend is seen, as investors sift through earnings results from listed firms, while some might glide to Wall Street’s softer tone.
Technicals Talk: Robinsons Land Corp. (RLC) – 4 Mar 2024 by AP Securities
Ascending triangle pattern.
Technicals Talk: Manila Water Company (MWC) – 4 Mar 2024 by AP Securities
Cup and handle pattern.
PSE Market Outlook (4 Mar 2024 2024) by 2TradeAsia
Stabilization within 6,850-6,950 zone might be seen on the interim, as part of liquidity finds its way into equities.
PSE Market Outlook (4 Mar 2024) by First Metro Securities
The PSEi ended the week flat at 6,919 (+6.38pts; +0.09%).
Technicals Talk: Manila Electric Company (MER) – 1 Mar 2024 by Regina Capital Development Corp.
MER has performed exceptionally well, rising by almost 5% in yesterday’s trade.
Technicals Talk: Universal Robina Corp. (URC) – 1 Mar 2024 by Regina Capital Development Corp.
URC already broke past its resistance, ending the trading day at 117.00.
Technicals Talk: Aboitiz Equity Ventures, Inc. (AEV) – 1 Mar 2024 by Regina Capital Development Corp.
AEV is currently on its 7th straight day of gains, rising to levels not seen since August 2023.
Technicals Talk: Jollibee Foods Corp. (JFC) – 1 Mar 2024 by RCBC Securities
JFC traded in a wide range yesterday, from 263.20 low, to yesterday’s close at 273.80, the high of the day.
PSE Market Outlook (1 Mar 2024) by Regina Capital Development Corp.
The local bourse ended the trading session in the greens, inching towards the 7,000 levels.
PSE Market Outlook (1 Mar 2024 2024) by 2TradeAsia
Sentiment might take its cue from Wall Street’s incline, after PCE index was in-step with estimates (+0.3% in January).
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