PSE Market Outlook (26 Apr 2023) by 2TradeAsia
Tight trading zones may continue, as participants digest 1Q23 interim results & capex guidance from select listed firms to get a general feeler on sector trends.
Tight trading zones may continue, as participants digest 1Q23 interim results & capex guidance from select listed firms to get a general feeler on sector trends.
BDO has put up three consecutive rallies since last week, rising nearly 10% since last Wednesday.
Barely a few points shy to breaching the 6,600 mark, some might seize on this strength to cash-out, while waiting for clearer guidance on
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MER’s share price rebounded by 8% after filling the gap last March 28 and formed a
The PSEi rebounded last week, however, value turnover averaged only at P3.8bn.
Expect volatility this week, as investors check for month-end portfolio re-balancing.
Breakout of previous high.
AC shares fell significantly in yesterday’s trading.
BDO was able to hold prices higher on closing.
The index closed slightly lower at 6,464.72 moving closer to its support of
Light sessions might continue, as participants check for catalysts to prod aggressive positioning.
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