Trade the News: DD gets Triple-A rating for first tranche of P30-B bond program
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!
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!
The PSEi dipped by 1.37% w/w, closing at 7,314.23 (-101.50 pts).
Expect volatility with the month-end portfolio closing while participants heed for 3Q earnings releases and guidance for 4Q and 2025.
GLO is gradually descending below its 50-MA, reaching 2,312 intraday.
CNPF closed down -1.46% intraday, following a surge of +6.03% in the previous session.
MONDE closed down -2.61% intraday after a large buy-up in the previous session.
MBT closed at 77.00 with a red candle, extending the bearish momentum over the past week.
The PSEI closed at 7,283.79 yesterday, down -1.14% intraday, losing its grip on the recent upward trend.
Having fallen below 7,300, market participants might bid for time for the gauge to stabilize, possibly above the 7,200 zone.
Another subdued session might prevail, as participants heed for other catalysts to support positioning, while monitoring the effects of the current typhoon.
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