Philippine Stock Market Outlook: Beware the Ides of March

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

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Spotlight: Aboitiz Power (AP)

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

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PSEi Closed the Week at 7289.88

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

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PSE Index Closed the Year at 7139.71, -7.8% YTD

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

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