PSE Market Outlook (23 May 2025) by Regina Capital Development Corp.
The PSEi fell -1.10% to 6,305.37, reflecting continued selling pressure.
The PSEi fell -1.10% to 6,305.37, reflecting continued selling pressure.
Eyes are set on PBBMās new cabinet team, following the revamp headline.
Continuation of prior sessionās trend is seen as participants position in select oversold shares.
CNVRG is currently on an uptrend closing at 20, breaking even from the previous trading day.
BPI closed at 131.1, losing 3.53%.
The PSEi closed at 6,335.33, marking a 1.85% decline.
Participants may adopt another feeler mode, to gauge if supply pressure would still be felt in select large-caps from prior sessionās profit-taking (i.e., holding firms, banks).
Participants will monitor the marketās absorption of the sovereign credit downgrade in the US, coupled by series of slower economic data growth in the region.
DD is seeing its second consecutive day of gains, closing up by +0.80%.
The PSEi increased 0.11% w/w to 6,465.53 (+7.30pts), remaining above its 6,400 support as well as its 20-day, 50-day, and 100-day moving averages (MA).
Upward finishes are seen, as investors seize on the latest lull to position.
BDO is experiencing a -3.41% decline at 161.3, from its previous close.
GTCAP has recently shown signs of a technical recovery, climbing steadily from its earlier downtrend and forming higher lows.
JFC is continuing its recent uptrend, closing at 245, up by +0.74%.
The PSEi closed at 6,466.86, down -1.30%, marking its second day of consecutive losses.
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