PSE Market Outlook (28 Oct 2024) by 2TradeAsia
Expect volatility with the month-end portfolio closing while participants heed for 3Q earnings releases and guidance for 4Q and 2025.
Technicals Talk: Globe Telecom, Inc. (GLO) – 25 Oct 2024 by Regina Capital Development Corp.
GLO is gradually descending below its 50-MA, reaching 2,312 intraday.
Technicals Talk: Century Pacific Food, Inc. (CNPF) – 25 Oct 2024 by Regina Capital Development Corp.
CNPF closed down -1.46% intraday, following a surge of +6.03% in the previous session.
Technicals Talk: Monde Nissin Corp. (MONDE) – 25 Oct 2024 by Regina Capital Development Corp.
MONDE closed down -2.61% intraday after a large buy-up in the previous session.
Technicals Talk: Metropolitan Bank and Trust Company (MBT) – 25 Oct 2024 by Regina Capital Development Corp.
MBT closed at 77.00 with a red candle, extending the bearish momentum over the past week.
PSE Market Outlook (25 Oct 2024) by Regina Capital Development Corp.
The PSEI closed at 7,283.79 yesterday, down -1.14% intraday, losing its grip on the recent upward trend.
PSE Market Outlook (25 Oct 2024) by 2TradeAsia
Having fallen below 7,300, market participants might bid for time for the gauge to stabilize, possibly above the 7,200 zone.
PSE Market Outlook (24 Oct 2024) by 2TradeAsia
Another subdued session might prevail, as participants heed for other catalysts to support positioning, while monitoring the effects of the current typhoon.
Stock Picks for the week (Oct 21-25, 2024) by First Metro Securities
Our stock picks for the week
Technicals Talk: Ayala Land, Inc. (ALI) – 23 Oct 2024 by Regina Capital Development Corp.
ALI closed just below its 9-MA at 35.80 (-0.56%).
PSE Market Outlook (23 Oct 2024) by Regina Capital Development Corp.
The PSEI closed at 7,413.16 (+0.09%), exhibiting a sideways trend.
PSE Market Outlook (23 Oct 2024) by 2TradeAsia
Another subdued session is seen, as participants’ attention is swayed by developments on the typhoon within the area of Philippine responsibility.
PSE Market Outlook (22 Oct 2024) by 2TradeAsia
Subdued sessions may continue, as some investors check on momentum improvement prior to positioning.
PSE Market Outlook (21 Oct 2024) by First Metro Securities
The PSEi rose by 1.44% w/w, closing at 7415.73 (+105.41pts).
PSE Market Outlook (21 Oct 2024) by 2TradeAsia
Sentiment could sway to optimism in the region, following latest steps taken by China to boost growth in its economy.
Receive FREE stock reports in your inbox!
Just signup below for free: