This week would be interesting to watch as the index has been forming doji candles for two days now which could mean either a consolidation or a big downside if price cannot still go above the MA 260.
Select sectors might be in focus, specifically leisure/gaming bets, given BLOOM’s earnings results.
Expect volatility to prevail, ahead of the release of February’s inflation data.
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
Caution would likely be thrown anew, given yesterday’s MOC-sell-off (especially for holdings & property).
Which companies are distributing dividends? Are you entitled to receive dividend income? Find out here!
Attention would be on possible recovery for local gauges, as sentiment trails Wall Street’s overnight ascent, plus possible consideration for
As the market closed on Thursday due to a holiday announcement, the PSEI ended on a bearish run this week as it goes towards the middle of 6600 levels.
The PSEi closed below the 6,700 level, forming a lower low.
Volatility may prevail, as the market balances expectations for tightened monetary policies versus recovery prospects.
Here’s a commentary on an important issue or event affecting the stock market
Our recommendation and 1-year Target Price for this stock is
Just signup below for free: