Stock Market Outlook (Technical): The Philippine Stock Exchange Index, status and technical outlook, as of March 05, 2021. The Philippine Stock Exchange Index (PSEi) closed flat on Friday at 6,881, losing a mere point from Thursday’s close of 6,882. As what can be expected from such a flat close, sector indices were mixed – the
Puregold (PGOLD): Do you wish to dig for gold? For pure gold? You can, literally, by buying shares of Puregold at the stock market. Puregold Price Club, Inc. (ticker symbol: PGOLD) has been sidelined by investors recently. In the last three months, its price gradually drifted down from a high of P44.70 per share to
PSE Index as of January 22, 2021. The Philippine Stock Exchange Index (PSEi) closed the week at 7,045.83, shedding 2.7% from the previous week’s close of 7,238.46 and down in the red 1.3% on a year-to-date basis. Year-to-date index-stock gainers are still led by FGEN (+9.8%), followed by ICT (+4.0%), BDO (+4.0%), TEL (+3.7%), and
Aboitiz Power (AP) on Spotlight: If you are holding this stock or “stuck”, as some would call it, you would notice that its price hasn’t changed much since April 2020. This may not be a surprise because one big broker gives it a HOLD rating with a target price of P29.00; however, another similarly big
PSE Index as of January 15, 2021. The Philippine Stock Exchange Index (PSEi) closed the week at 7,238.46, 0.7% down from the previous week’s close of 7,289.88 but 1.4% up on a year-to-date basis. Year-to-date index-stock leaders include FGEN (up 13.7%), TEL (up 9.2%), MEG (up 5.1%), BPI (up 4.9%), and BDO (also up 4.9%).
PSE Index as of January 08, 2021. The Philippine Stock Exchange Index (PSEi) closed strongly today, the last trading day of the week, at 7289.88. That’s 2.39% up from yesterday’s close of 7119.61 and 2.10% up from the December 29, 2020 close of 7139.71. The PSEi breached the minor resistances of 7211 and 7281, both
The Philippine Stock Exchange Index (PSEi or PSE Index) ended the year today at 7139.71, up 0.25% from yesterday but down 8.6% year-on-year and 7.8% in the red year-to-date (YTD). For more details, please visit the PSE website at https://pse.com.ph/stockMarket/home.html. Resistance and Support: The market continues to trade within the 6740-7211 range as shown in