PSE Market Outlook (28 Aug 2024) by Regina Capital Development Corp.
The PSEi narrowly inched towards the 7000s level yesterday closing up +0.16% to 6,973.41 as investors started to rebalance ahead of the end-of-month closing.
The PSEi narrowly inched towards the 7000s level yesterday closing up +0.16% to 6,973.41 as investors started to rebalance ahead of the end-of-month closing.
Another range-bound session is seen, as buyers position on intra-day dips to position in select shares poised to finish stronger this year.
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
AP is showing a bullish reversal as it breaks above key MAs, signaling renewed upward momentum.
The PSEi rose by +1.67% w/w to close at 6,961.96 pts.
Participants are seen to give weight on Fed chair Powell’s statement last Friday, supporting expectations for policy easing measures.
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
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