{"id":327883,"date":"2024-05-13T05:04:00","date_gmt":"2024-05-12T21:04:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=327883"},"modified":"2024-05-13T09:10:00","modified_gmt":"2024-05-13T01:10:00","slug":"pse-market-outlook-13-may-2024-by-2tradeasia","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-13-may-2024-by-2tradeasia\/","title":{"rendered":"PSE Market Outlook (13 May 2024) by 2TradeAsia"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Today&#8217;s PSEi Outlook<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Outlook on<\/strong><\/td><td>Philippine Stock Exchange index (PSEi)<\/td><\/tr><tr><td><strong>Broker<\/strong><\/td><td>2TradeAsia \/ F. Yap Securities<\/td><\/tr><tr><td><strong>Opinion Issued on<\/strong><\/td><td>13 May 2024<\/td><\/tr><tr><td><strong>PSEi Support<\/strong><\/td><td>6,500 \/ 6,450<\/td><\/tr><tr><td><strong>PSEi Resistance<\/strong><\/td><td>6,550 \/ 6,600<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The week\u2019s attention would be on the local central bank\u2019s policy meeting, specifically on officials\u2019 outlook on interest rates given the latest April inflation &amp; 1Q24 GDP data. <\/p>\n\n\n\n<p>Views in support of accommodative monetary policies would encourage visible positioning, as cheapened valuations are resurfacing for stocks that succumbed to selling pressure last week. <\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Our Partner Broker&#8217;s Recommendation<\/h2>\n\n\n\n<p>Expect volatility as market watchers monitor the PSEi\u2019s staying power above the 6,500 mark. <\/p>\n\n\n\n<p>Immediate support is 6,450-6,500, resistance 6,550-6,600.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The week\u2019s attention would be on the local central bank\u2019s policy meeting, specifically on officials\u2019 outlook on interest rates given the latest April inflation &#038; 1Q24 GDP data. <\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-327883","post","type-post","status-publish","format-standard","hentry","category-market-outlook","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/327883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=327883"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/327883\/revisions"}],"predecessor-version":[{"id":327884,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/327883\/revisions\/327884"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=327883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=327883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=327883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}