We may soon see a resurgent property sector coming along with potential rate cuts and a shift in investor mood.
Expect the local bourse to trade cautiously with a downward tilt as President Ferdinand “Bongbong” Marcos Jr. delivers his State of the Nation Address today.
July 22, 2024The stock market is expected to trade sideways with a downward bias. Investors may initiate profit-taking.
July 15, 2024The uptick in banks’ non-performing loans, the oil price hike, and pressure on commodity prices will bear on the stock market this week.
July 8, 2024As temperatures soar, so do the fortunes of some energy players. Profits, however, are being held back.
July 4, 2024The market was negatively impacted by several factors, such as escalating geopolitical tension, the weakening of the peso, and the rebalancing of the FTSE index.
June 24, 2024The timing of US Fed rate cut decision gives a whiff of uncertainty in the Philippine stock market.
June 18, 2024The absence of positive catalysts in anticipation of key local economic data releases will set the tone for the local bourse this week.
June 3, 2024Expect sideways trading with a downward bias with the lack of catalysts this week and as the implementation of the MSCI rebalancing takes effect.
May 27, 2024Some comforting news last week, such as the Dow Jones Industrial Average closing above 40,000 and China’s announcement of efforts to stabilize its property sector, may support local stocks this week.
May 20, 2024