PSE Market Outlook (21 Aug 2024) by Regina Capital Development Corp.
The PSEi closed around the mid-6900s at 6944.76 (+0.80%).
The PSEi closed around the mid-6900s at 6944.76 (+0.80%).
Activity might be range-bound, as some participants might seize on the local marketās recent incline to profit-take.
Our stock picks for the week
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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!
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
Having trounced past the 6,800 barrier, participantsā attention may be pegged on the PSEiās ability to march towards the 7,000 zone.
NIKL is still on a downtrend, with the stock trading below all major moving averages and bearish signals across technical indicators.
The PSEi rose by +3.00% w/w to close at 6,847.37 pts.
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