{"id":329593,"date":"2024-09-23T05:04:00","date_gmt":"2024-09-22T21:04:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=329593"},"modified":"2024-09-23T09:26:50","modified_gmt":"2024-09-23T01:26:50","slug":"pse-market-outlook-23-sep-2024-by-2tradeasia","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-23-sep-2024-by-2tradeasia\/","title":{"rendered":"PSE Market Outlook (23 Sep 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>23 Sep 2024<\/td><\/tr><tr><td><strong>PSEi Support<\/strong><\/td><td>7,200<\/td><\/tr><tr><td><strong>PSEi Resistance<\/strong><\/td><td>7,300 \/ 7,350<\/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 local central bank\u2019s 250bps cut in banks\u2019 reserve requirement was more than our estimated 100bps, underscoring their goal of pump-priming the economy. <\/p>\n\n\n\n<p>This bodes well for aggressive build-up in capex plans for listed companies, especially those involved in priority infra-related projects.<\/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\">Recommendation<\/h2>\n\n\n\n<p>Spot for good trading windows. <\/p>\n\n\n\n<p>Immediate support is 7,200, resistance 7,300-7,350.<\/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 local central bank\u2019s 250bps cut in banks\u2019 reserve requirement was more than our estimated 100bps, underscoring their goal of pump-priming the economy.<\/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-329593","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\/329593","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=329593"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329593\/revisions"}],"predecessor-version":[{"id":329594,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329593\/revisions\/329594"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=329593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=329593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=329593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}