PSE Market Outlook (23 Jan 2023) by 2TradeAsia
Movements might stay range-bound for now, pending clear catalysts from the Fedās next move on its widely-tracked interest rate.
Movements might stay range-bound for now, pending clear catalysts from the Fedās next move on its widely-tracked interest rate.
At this point, it looks like the index is consolidating already. We can’t rule out a
Activity might stay range-bound, as the market builds a sturdier base above the 7,000 zone.
Participants might get feelers on local gaugesā sequel ascent, especially with weak US retail sales & factory production data in December.
The local bourse managed a feat that took us all by surprise this week! It broke out of the crucial, psychological 7k resistance and was actually
Another range-bound trend might be seen, with possible last-minute boost on select large caps.
Hereās a commentary on an important issue or event affecting the stock market
Hereās a commentary on an important issue or event affecting the stock market
Hereās a commentary on an important issue or event affecting the stock market
Hereās a commentary on an important issue or event affecting the stock market
Hereās a commentary on an important issue or event affecting the stock market
Hereās a commentary on an important issue or event affecting the stock market
Hereās a commentary on an important issue or event affecting the stock market
Sideways movements are seen, as participants heed for other catalysts that would support sequel ascents.
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