PSE Market Outlook (3 Jan 2024) by Regina Capital Development Corp.
Opening 2024 with a bang, the index concluded the 1st trading day of the year in the green.
Opening 2024 with a bang, the index concluded the 1st trading day of the year in the green.
Participants will monitor continuity of yesterday’s strong net foreign buying momentum, especially for large caps that led the ascent.
JFC traded slightly higher last Friday to close at 251.40, up by 0.64%.
Light trades are seen with most foreign investors still on their New Year holiday.
The PSEi pulled back by -0.78% w-o-w after hovering near overbought conditions.
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
Here’s a commentary on an important issue or event affecting the stock market
SCC continues to be traded at a discount to its historical price levels.
ALI shares continue its upward trend, rising to 34.40.
Today mark’s the final trading day of the year, with the PSEi closing the penultimate trading day of the year up by +0.87% to 6,519.
Here’s a commentary on an important issue or event affecting the stock market
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