PSE Market Outlook (27 May 2024) by 2TradeAsia
Movements might be range-bound, pending fresh catalysts to pump up aggressive positioning.
Movements might be range-bound, pending fresh catalysts to pump up aggressive positioning.
The PSEi ended flat w/w to close at 6,619.89 (+1.20 pts; +0.02%).
ACEN closed on a red candle after reaching near resistance at 5.10.
DMC traded higher yesterday by 3.55% to close at 11.08.
SMPH is currently trading in a narrow range of 28 – 29.80.
Looking at the chart, WLCON’s price shows a strong upward momentum.
The PSEI rebounded and up by +0.80% to 6659.99.
Participants would monitor whether sentiment would sway to Wall Streetās weakness, or continue prior sessionās strength.
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
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
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