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Negative sentiment persists as PSEi falls to 9-month low

Negative sentiment persists as PSEi falls to 9-month low
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Downward bias on PH stocks seen

The local stock market is seen to have a downward bias as investors continue to fret over the impact of high inflation and rising interest rates although there may be a bit of bargain hunting that may be spurred by positive earnings reports.
“The local market has already been declining for four st ....

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Stock investors to watch out for BSP, remittance

Amid confusing macro-economic data here and abroad, the local stock market is seen to trade cautiously as investors wait for more clarity from the Bangko Sentral meeting and release of remittance data later this week.
“Next week, cautiousness is expected to prevail in the local market as investors ....

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Stocks to take cues from inflation, earnings reports

The local stock market will be steered by the release of corporate earnings and the January inflation report this week as investors look for signs on how the Philippine economy will be faring this year.
“This week, investors are expected to take cues from the Philippines’ January consumer price in ....

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Stocks to take cues from Fed meeting

While the local stock market is seen to be consolidating, it will take its cue from the outcome of the US Federal Reserve’s first meeting of the year which will be held this year.
“The local market has been moving sideways within the 7,000 - 7,100 resistance range as it is having a hard time getti ....

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