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INVESTORS are becoming more confident of a rebound in the market this year, according to a survey conducted by online stockbroker COL Financial Group Inc. Marvin Fausto, COL’s investment management president, said the stockbroker’s quarterly survey among investors showed a continuing increase in optimism since the first quarter of last…
COL Financial, the leading online stock broker in the Philippines, is bullish about the prospects of the local equities market and sees the Philippine Stock Exchange rising to 7,500 to 8,250 once it sets a strong base after a much-needed correction. “PSEi punched over its downtrend line, 200-day E
The local stock market is seen to remain bearish for the rest of the year as investors remain cautious over the impact of high inflation and the threat of global recession on Philippine corporations. In an online media briefing, COL Chief Technical Analyst Juanis Barredo said the market is on an e
MANILA - Bonds and real estate investment trusts (REITs) are expected to perform better than stocks until the second half of the year as the majority of retail investors plan to increase stock exposure amid inflation concern, according to an online stockbroker. In a virtual press briefing Monday, COL Financial Investment Management president Marvin Fausto cited results of their investor sentiment survey indicating that the majority of these investors remain heavily invested. Aside from local stocks, Fausto said they prefer to invest in locally-managed funds across different asset types, includ...
The benchmark Philippine Stock Exchange index (PSEi) may rise by about 20 percent to 8,400 points at the end of this year, from the current 7,300-point level, as the country's pandemic situation is improving. COL Financial Inc. Chief Equity Strategist April Lynn Tan said investors’ cautious views have already been…